Story2
About this raise
Story2, with a $10 million valuation cap, is raising funds on Republic. The company is focused on improving communication capabilities through the art of storytelling. Story2 uses the Moments Method for people to tell their stories effectively and confidently. Additionally, the company also has a unique platform, StoryBuilder, that provides writing courses and coaching for students and professionals. Story2 was founded by Carol Barash, Moshiur Tarafdar, and Jack Scotti in 2014 and has raised over $2 million since its inception. The current round of crowdfunding has a minimum target of $100,000 and a maximum target of $1,070,000. Story2 has served more than 200,000 users to date and has partnered with Kaplan, Princeton, NYC DOE, and the likes.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments ($USD)
- Platform
- Republic
- Start Date
- 12/12/2019
- Close Date
- 04/29/2020
$100,000
$1,070,000
$100
SAFE
Series A
RegCF
$10,000,000
10%
Company & Team
Company
- Year Founded
- 2014
- Industry
- Education, Training, & Coaching
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $418,213
- Monthly Burn
- $70,224
-
Runway
- 0.8 months
- Gross Margin
- 84%
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/29/2020 | Republic | $10,000,000 | $0 | SAFE | Not Funded | RegCF |