NGT Academy

NGT Academy

Growth Stage

Launch Your Career

Launch Your Career

Overview

Raised to Date: Raised: $28,537

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

09/29/2021

Close Date

Not Provided

Min. Goal
$1,000
Max. Goal
$72,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Series B

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$151,638,075

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2022

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

$71

# of Investors

18

Momentum
Funded
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Year Founded

2016

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Phoenix, Arizona

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

Accounts and Notes Receivable

$395,217

Property, Plant and Equipment (PP&E)

$103,813

Total Assets

$10,652,917

Accounts Payable & Accrued Liabilities

$463,004

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

Costs & Expenses Applicable to Rev

$1,630,790

Net Income

$-3,207,176

Earnings Per Share - Basic

$-0.06

Earnings Per Share - Diluted

$-0.06

Auditor: dbbmckennon
Financials as of: 09/29/2021
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NGT Academy on Issuance 2021
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $151,638,075
Price per Share: $1.00

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