Kunduz
Early Stage
Instant help from expert tutors - Faster, more interactive & cheaper than Chegg
Overview
Raised: $4,868,916
Status
Funded
Reporting Date
01/31/2022
Days Remaining
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$25,761
Momentum
Funded
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Year Founded
2018
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Location
San Francisco, California
Kunduz is raising funds independently through Reg D 506(b) raise. The company has developed an educational app that instantly answers students’ questions and makes learning faster and cheaper. The app has an extensive AI-based library that answers 80% of the questions automatically and gives a SaaS-level gross margin. Kunduz has been used to answer over 40 million questions by 35,000 tutors in three countries and has more than 30,000 paying users. Basar Basaran, Melih Sener, and Baris Bilgic founded Kunduz in 2018. The current crowdfunding campaign has a maximum target of $4,868,916. The campaign proceeds will be used for growth and expansion.
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Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
Kunduz | 08/15/2023 | Wefunder | $45,000,000 | $55,122 | SAFE | Funded | RegCF |
Kunduz | 08/24/2022 | Wefunder | $45,000,000 | $105,426 | SAFE | Funded | Test the Waters / RegCF |
Kunduz | 01/12/2022 | Self Managed | - | $4,868,916 | Equity - Common | Funded | RegD 506(b) |
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