Video Notebook
Early Stage
AI-powered note taking that supercharges online learning
Overview
Raised: $67,450
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/07/2024
Days Remaining
51
% of Min. Goal
135%
% of Max. Goal
5%
Likelihood of Max
Avg. Daily Raise
$478
# of Investors
18
Momentum
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Year Founded
2021
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Video Notebook, with a valuation of $7 million, is raising funds on Wefunder. The company has developed an AI-powered note-taking platform that supercharges online learning. Video Notebook aims to revolutionize e-learning and enable visually-driven summarisation of meetings and videos. The platform uses ChatGPT AI combined with visual API to deliver value and has over 100,000 active users. Mike Lanza founded Video Notebook in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for software development, customer acquisition, and legal fees.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$10,230 |
$0 |
COGS |
$0 |
$0 |
Tax |
$800 |
$800 |
| ||
| ||
Net Income |
$-494,557 |
$-478,411 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$0 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$0 |
$0 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$972,893 |
$478,336 |
Total Liabilities |
$972,893 |
$478,336 |
Financials as of: 12/18/2023
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