Edsoma
About this raise
Edsoma, with a valuation of $14 million, is raising funds on Wefunder. The company has developed an AI-based edtech app that helps children to learn reading and grow a lifelong love of books. The app also helps parents develop their own reading skills and enables them to read to their children from any location. Edsoma offers real-time engagement and connects families through reading. Kyle Wallgren founded Edsoma in April 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for programming costs, sales and marketing, and operations.
Investment Overview
Invested $606,325 :
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Education, Training, & Coaching
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
10/15/2022 | Wefunder | $14,000,000 | $606,325 | SAFE | Funded | RegCF |