NexGenT

Growth Stage

Launch Your Career

Analytics

Platform

Self Managed

Start Date

09/30/2021

Close Date

03/29/2022

Min. Goal

$1,000

Max. Goal

$72,000,000

Min. Investment

$1,000

Security Type

Equity - Common

Funding Type

RegA+

Series

Series B

Pre-Money Valuation

$151,638,075

Location

Phoenix, Arizona

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

NexGenT is raising funds independently through Reg A+ crowdfunding. The company provides next-generation training and software to empower the next generation of learners globally. The flagship product of NexGenT is the NGT Academy that provides the experience, skills, and knowledge necessary to maintain jobs in the IT industry. The academy provides live cohort programs, customized enterprise IT training, and a talent marketplace. Terry Kim and Jacob Hess founded NexGenT in 2016. The current crowdfunding campaign has no minimum target and a maximum target of $72,000,000. The campaign proceeds will be used for marketing, sales channel expansion, international and product expansion, technology development, and working capital.

Balance Sheet

Cash and Cash Equivalents

$6,014,395

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$395,217

Loans

$0

Property, Plant and Equipment (PP&E)

$103,813

Property and Equipment

$0

Total Assets

$10,652,917

Accounts Payable & Accrued Liabilities

$463,004

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$1,044,972

Total Stockholders' Equity

$9,607,945

Total Liabilities and Equity

$10,652,917

Statement of Comprehensive Income Information

Total Revenues

$2,837,386

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$1,630,790

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-3,207,176

Earnings Per Share - Basic

$0

Earnings Per Share - Diluted

$0

Auditor: dbbmckennon
Financials as of: 09/30/2021
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NexGenT on Self Managed 2021
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Platform: Self Managed
Security Type: Equity - Common
Valuation: $151,638,075

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