WayOut Kids
Early Stage
We specialize in developing educational and entertaining content for kids
Overview
Raised: $67,662
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/21/2021
Close Date
08/31/2021
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Convertible Note
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$4,000,000
Valuation Cap
$5,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/04/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$356
# of Investors
149
Momentum
Funded
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Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
WayOut Kids, with a valuation cap of $5 million, is raising funds on Wefunder. It is a multimedia company for next-generation kids. The platform develops educational content for K-5 kids to spark their curiosity for learning about the world around them. The curriculum covers the alphabet, the environment’s ecosystems, and much more through its mascot Rodney. Jd Davis founded WayOut Kids in December 2019. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used for production and development, marketing and advertising, and hiring a salesperson. WayOut Kids aims to positively impact the lives of millions of kids with its streaming services.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$-330 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$530 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$530 |
|
Short-Term Debt |
$0 |
$330 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$330 |
Financials as of: 02/21/2021
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