Kiddie Kredit
[Closed for Investment] Kiddie Kredit, with a valuation of $6 million, is raising funds on Wefunder. The company has launched an app to teach financial literacy to children in a fun and engaging way. The app will allow kids and their parents to use everyday chores as avenues to learn about credit and finance. It assigns Kredit scores to kids based on factors like timeliness of completion of chores and the number of chores completed. Kiddie Kredit is working with the philanthropic arm of Equifax, Equifax Foundation, to raise financial awareness, and has generated $175,000 in revenue. Evan Leaphart founded Kiddie Kredit in 2018. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $100,000. The campaign proceeds will be used for software development and business development.
Investment Overview
Raised: $84,616
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Education, Training, & Coaching
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
07/27/2022 | Wefunder | $6,000,000 | $84,616 | SAFE | Not Funded | RegCF |
09/14/2020 | Microventures | $2,500,000 | $60,451 | Convertible Note | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.