Overview
Raised: $25,000
Total Commitments ($USD)
Platform
SMBX
Start Date
08/08/2023
Close Date
09/07/2023
Min. Goal
$15,000
Max. Goal
$25,000
Min. Investment
$10
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
11.00%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/27/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$833
Momentum
Funded
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Year Founded
2015
Industry
Education, Training, & Coaching
Tech Sector
Non-Tech
Location
Woodbridge, Virginia
EduMatch is raising funds on SMBX. The company has created a community of educators around the world to learn and grow together. EduMatch enables educators to build deep relationships despite their job titles, geographical locations, and demography and provides an array of professional learning opportunities for organizations and school districts. The platform has over 30,000 followers on social media globally and has been named an official partner of Google for Education. Sarah-Jane Thomas founded EduMatch in October 2015. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $25,000. The campaign proceeds will be used for marketing, working capital, and administrative costs.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$96,857 |
$136,918 |
|
COGS |
$76,185 |
$114,855 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-2,169 |
$-457 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$1,283 |
$11,307 |
|
Accounts Receivable |
$5,000 |
$0 |
|
Total Assets |
$6,273 |
$11,307 |
|
Short-Term Debt |
$6,436 |
$1,981 |
|
Long-Term Debt |
$0 |
$5,264 |
|
Total Liabilities |
$6,436 |
$7,245 |
Financials as of: 08/08/2023
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