Synthesis

Synthesis

Growth Stage

Where kids learn to solve problems together

Where kids learn to solve problems together

Overview

Raised to Date: Raised: $2,987,382

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/22/2022

Close Date

08/05/2022

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Series B

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$350,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$69,474

# of Investors

1,125

Momentum
Funded
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Year Founded

2020

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

West Hollywood, California

Business Type

Growth

Synthesis, valued at $350 million, is raising funds on Wefunder. The company has developed an education platform that uses collaborative games paired with complex mental models to challenge young thinkers. The platform enables students between 6 and 14 years of age to join a cohort and meet once a week to play novel and complex games. Synthesis helps young students to work together effectively and solve problems together. Joshua Dahn and Chrisman Frank founded Synthesis in August 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5,000,000. The campaign proceeds will be used for hiring and general corporate purposes.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,936,743

$134,243

COGS

$1,424,842

$53,512

Tax

$0

$0

 

 

Net Income

$-4,966,078

$-93,921

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,249,091

$19,120

Accounts Receivable

$0

$0

Total Assets

$11,195,412

$39,530

Short-Term Debt

$746,276

$133,367

Long-Term Debt

$10,108,889

$0

Total Liabilities

$10,855,165

$133,367

Financials as of: 06/22/2022
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Synthesis on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $350,000,000

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