Gradey
Early Stage
AI Powered academic assistant to help kids succeed in school, just Ask Gradey!
Overview
Raised: $40,000
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/16/2023
Close Date
02/23/2024
Min. Goal
$25,000
Max. Goal
$40,000
Min. Investment
$100
Security Type
SAFE
SEC Filing Type
RegCF
Valuation Cap
$1,500,000
Discount
25%
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/08/2023
Days Remaining
77
% of Min. Goal
160%
% of Max. Goal
100%
Likelihood of Max
Avg. Daily Raise
$1,818
# of Investors
4
Momentum
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Year Founded
2022
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Location
Pittsburgh, Pennsylvania
Gradey, with a valuation of $1.5 million, is raising funds on Wefunder. The company has developed an AI-powered academic assistant to help students succeed in school. Gradey’s platform provides a virtual academic assistant that gives instant access to kids’ grades with an analysis of how these grades affect overall academic success. The platform works on a subscription model, which is inexpensive at about $4.00 per student per month. Sanjay Akut founded Gradey in August 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $40,000. The campaign proceeds will be used for technical resources to support the pilot launch, marketing, and legal and accounting fees.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-9,909 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$31,151 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$31,151 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/16/2023
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