Technology Convergence Company
Transforming Industries with TechCC
Overview
Raised: $729
Total Commitments ($USD)
Platform
Dealmaker Securities
Start Date
04/21/2024
Close Date
04/18/2025
Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment
$751
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
10.25%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/04/2024
Days Remaining
348
% of Min. Goal
7%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$56
# of Investors
1
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2018
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Technology Convergence Company is raising funds on Dealmaker Securities. It is a key company in driving technological and sector-wide advancements that empower innovators. Technology Convergence Company trains global consultants and partners with Fortune 100 companies to build the next generation of EdTech with its Blockchain Training Alliance. The company plans to grow further with its planned enhancements, including a bespoke Learning Management System and AI-in-course tutors. Ron Levy founded Technology Convergence Company in January 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for payroll, web costs, marketing and advertising, research and development, and growth initiatives.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$-77,517 |
$65,351 |
|
COGS |
$439,394 |
$511,447 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-277,386 |
$-118,568 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$15,059 |
$7,426 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$51,211 |
$43,578 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 04/21/2024
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.