PMG Learning Solutions

PMG Learning Solutions

Growth Stage

AI-powered SaaS training platform with customers such as Boeing and the U.S Air Force

AI-powered SaaS training platform with customers such as Boeing and the U.S Air Force

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Microventures

Start Date

01/31/2024

Close Date

04/29/2024

Min. Goal
$25,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$7,500,000

Valuation Cap

$9,000,000

Discount

10%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

05/04/2024

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2014

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

Winchester, Massachusetts

Business Type

Growth

PMG Learning Solutions, with a valuation of $9 million, is raising funds on MicroVentures. The company has developed an AI-powered SaaS training platform that specializes in custom training programs. PMG Learning Solutions offers micro-learning options that span across classrooms and e-classrooms and cater to various industries with its learning and video solutions. The company generated $4.95 million in revenue in 2022 from customers like the FDA and Boeing and reported a 70% year-over-year revenue growth. Ben Campbell founded PMG Learning Solutions in January 2014. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1 million. The campaign proceeds will be used for marketing and hiring sales representatives, an AI engineer, a marketing contractor, and a new account manager.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$4,951,999

$2,933,655

COGS

$2,941,993

$1,918,952

Tax

$0

$0

 

 

Net Income

$488,645

$463,255

Summary Balance Sheet

FY 2022 FY 2021

Cash

$11,772

$68,261

Accounts Receivable

$1,719,849

$398,388

Total Assets

$4,082,946

$2,227,086

Short-Term Debt

$2,462,081

$1,216,682

Long-Term Debt

$0

$0

Total Liabilities

$2,462,081

$1,216,682

Financials as of: 01/31/2024
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PMG Learning Solutions on MicroVentures 2024
Platform: Microventures
Security Type: Convertible Note
Valuation: $9,000,000

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