Everydae

Everydae

Early Stage

Giving everyone in the world their own digital tutor

Giving everyone in the world their own digital tutor

Overview

Raised to Date: Raised: $762,275

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/10/2021

Close Date

04/27/2022

Min. Goal
$200,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$11,162,500

Valuation Cap

$12,500,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,850

# of Investors

1,107

Momentum
Funded
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Year Founded

2018

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Los Angeles, California

Business Type

Growth

Everydae, with a $14 million valuation cap, is raising funds on WeFunder. The company is using innovative and proprietary technology to develop algorithms that personalize educational content. The digital tutor of Everydae keeps kids engaged and helps students realize their true potential. Everydae was founded by Chad Troutwine, Christine Outram, and Laura Hubbard in 2018. The company has already raised $1.28 million in the previous crowdfunding round on Wefunder. The current round of crowdfunding of Everydae has a minimum goal of $200,000 and a maximum goal of $1,070,000, and the proceeds will be used towards marketing expenses, course content creation, G&A expenses, and engineering costs. Everydae team has over 20,000 hours of tutor-training and curriculum development experience. The application has registered 64% week-over-week growth in registered users.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$28,322

$45,318

COGS

$1,352

$8,385

Tax

$976

$976

 

 

Net Income

$-1,255,835

$-1,039,404

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$728

$5,443

Accounts Receivable

$0

$0

Total Assets

$60,361

$78,384

Short-Term Debt

$5,221

$26,404

Long-Term Debt

$137,800

$0

Total Liabilities

$143,021

$26,404

Financials as of: 03/10/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Everydae 04/26/2022 Wefunder $12,500,000 $762,275 SAFE Funded RegCF
Everydae 04/28/2020 Wefunder $10,000,000 $1,070,000 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Everydae on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $12,500,000

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