EduMatch
Educational Support Services
Overview
Raised: $72,970
Total Commitments ($USD)
Platform
SMBX
Start Date
01/18/2023
Close Date
02/13/2023
Min. Goal
$15,000
Max. Goal
$25,000
Min. Investment
$10
Security Type
Debt
Funding Type
RegCF
Interest Rate
11.00%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/02/2023
Days Remaining
11
% of Min. Goal
486%
% of Max. Goal
292%
Likelihood of Max
Avg. Daily Raise
$4,865
Momentum
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Location
Woodbridge, Virginia
Industry
Education, Training, & Coaching
Tech Sector
Non-Tech
EduMatch is raising funds on SMBX. The company has created a community of educators around the world to learn and grow together. The platform 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. EduMatch 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
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$96,857 |
$136,918 |
|
COGS |
$76,185 |
$114,855 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-2,169 |
$-457 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
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: 01/18/2023
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