Rhymella

Rhymella

Closed: Apr. 2018

About this raise

Who Should Be Interested:
Does your child love to read? Do you wish their experiences could be recorded in a fun and accessible way for them, or would you love to see their imaginative stories become real children’s books? Well, now you can -- by investing in Rhymella. Their algorithm is the first of its kind to write original, personalized stories based on a set of variables created by you, your child, and their imagination.

The Company:
With Rhymella, imagination can become reality. The Rhymella app creates original children’s stories on-demand, using your photos, your ideas, and your experiences. It automates the whole process, making it easy and simple for you to bring your child’s stories to life. From a trip to Disney, an afternoon playing baseball, or a trip to the apple orchard, anything can now become an original story. Suddenly the baseball bat is alive, or the tree in the apple orchard can talk -- and the story uses photos that you took! The whole process takes less than 10 minutes if you already have the photos you want to use, and the app is accessible for users of all ages. Rhymella predicts $20M in projected revenue, and they want to do more than just make imaginative children’s books. They know that children acquire more words while reading personalized content, and they want to also invest in partnerships with literacy advocacy groups. They’ve pledged to give 1% of their profits, products and time to such causes, with the intent to give more as their business grows.

The Bottom Line:
Rhymella reimagines how stories are told, created, and consumed. Their books can unlock children’s imagination and adventure while weaving real-life experiences into fascinating tales. Rhymella is here to breathe life back into reading...one uniquely created and personalized story at a time.

Expand

Investment Overview

Invested this round: $91,459

Deal Terms

Total Commitments

Platform
Republic
Start Date
02/26/2018
Close Date
04/30/2018
Min. Goal
$25,000
Max Goal
$107,000
Min. Investment

$50

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$4,000,000

Discount

20%

Company & Team

Company

Year Founded
2016
Industry
Media, Entertainment & Publishing
Tech Sector
Location
Newtonville, Massachusetts
Company Website
Visit Website

Team

Employees
2

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2018 Republic $4,000,000 $91,459 SAFE 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
Rhymella on Republic
Platform: Republic
Security Type: SAFE
Valuation: $4,000,000

Follow company

Follow Rhymella on Republic

Buy Rhymella's Deal Report

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

Rhymella Deal Report

Get Kingscrowd's comprehensive report on Rhymella including:

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

Buy the Rhymella deal report for only $10!

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