QuickClass
About this raise
QuickClass, with a valuation of $87.9 million, is raising funds on Wefunder. The company has developed a private labeled training portal and course platform that includes various courses. The courses offered by QuickClass include required courses, study skill courses, and life skills courses. QuickClass is offered to schools in a low-cost fashion through a Sponsorship Advertising Revenue Program. The QCI license agreement costs $250 per year for a five-year exclusive agreement. Michael Miramontes founded QuickClass in June 2000. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,069,999. The campaign proceeds will be used for sales and marketing, product and content development, working capital, capital expenditures, and professional fees.
Investment Overview
Not Funded: $250
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 08/15/2022
- Close Date
- 04/30/2023
$100,000
$1,069,999
$250
Equity - Preferred
Series F
RegCF
$1.75
$87,890,062
Company & Team
Company
- Year Founded
- 2000
- Industry
- Education, Training, & Coaching
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $7,822,094
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2023 | Wefunder | $87,890,062 | $250 | Equity - Preferred | Not Funded | RegCF |