Voice Lessons

Voice Lessons

Closed: Oct. 2022

About this raise

Voice Lessons, with a valuation of $3.41 million, is raising funds on StartEngine. The company provides the best technology for vocal training online. The technology, VocaLoop, provides high-quality video and audio streaming and custom-made vocal accompaniment for any vocal exercise without any audio lag. Voice Lessons is bringing vocal training accessibility to everyone at any location, cost, and convenience. Mike Elson founded Voice Lessons in July 2016. The current crowdfunding campaign has a minimum target of $9,999.85 and a maximum target of $1,069,999.70. The campaign proceeds will be used to expand into a larger market and into speech-language pathology telehealth.

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Investment Overview

Invested this round: $54,425

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
07/05/2022
Close Date
10/31/2022
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$252

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.35

Pre-Money Valuation

$3,412,500

Company & Team

Company

Year Founded
2016
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Ontario, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
Yes
Founder Name
Mike Elson
Title
CEO

Financials

 Revenue
$128,702
 Monthly Burn
$5,860
 Runway
2.3 months
 Gross Margin
88%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$128,702

$48,343

COGS

$15,826

$792

Tax

$0

$0

 

 

Net Income

$-70,314

$-205,888

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$13,299

$19,243

Accounts Receivable

$0

$0

Total Assets

$61,485

$67,538

Short-Term Debt

$103,654

$81,073

Long-Term Debt

$845,355

$803,675

Total Liabilities

$949,009

$884,748

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/31/2022 StartEngine $3,412,500 $54,425 Equity - Common Funded RegCF
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Add to portfolio
Voice Lessons on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $3,412,500
Price per Share: $0.35

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Follow Voice Lessons on StartEngine 2022

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

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