Phenomena

Phenomena

Closed: Mar. 2023

About this raise

Phenomena, with a valuation of $6 million, is raising funds on Wefunder. It is an educational app that enables students to learn by seeing and doing. It is the new destination for experiential learning and helps build simple concepts into big ideas. Phenomena contains experiential media produced by creators and purchased by consumers. It is the first marketplace dedicated solely to digital learning experiences. Jared Schiffman founded Phenomena in September 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used for software development, marketing, and community development.

Expand

Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
05/21/2022
Close Date
03/29/2023
Min. Goal
$50,000
Max Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Seattle, Washington
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Jared Schiffman
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$2,417
 Runway
1 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-29,005

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,430

$0

Accounts Receivable

$0

$0

Total Assets

$2,430

$0

Short-Term Debt

$1,298

$0

Long-Term Debt

$30,000

$0

Total Liabilities

$31,298

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$750,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/29/2023 Wefunder $6,000,000 $0 SAFE Not Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Phenomena on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

Follow company

Follow Phenomena on Wefunder 2022

Buy Phenomena's Deal Report

Warning: according to the close date for this deal, Phenomena may no longer be accepting investments.

Phenomena Deal Report

Get Kingscrowd's comprehensive report on Phenomena including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Phenomena is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Phenomena deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge