WeRTeachers

WeRTeachers

Early Stage

Online Tutoring Platform

Online Tutoring Platform

Overview

Platform

StartEngine

Start Date

10/31/2017

Close Date

01/30/2018

Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$6,001,332

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/19/2024

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

$0

Momentum
Funded
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Year Founded

2016

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Location

Hawthorne, California

WeRTeachers, with a valuation of $6 million, is raising funds on StartEngine. It is an online tutoring marketplace that utilizes only credentialed teachers. WeRTeachers supports both in-person and video-conferencing tutoring and connects students to vetted teachers. The platform provides excellent tutoring quality to students and increases income and tutoring capacity for teachers. Robert Young and Mark Poling founded WeRTeachers in April 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $107,000. The campaign proceeds will be used for product development, marketing, staff, and working capital.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-102,175

$0

Summary Balance Sheet

FY 2016 FY 2015

Cash

$22,875

$0

Accounts Receivable

$0

$0

Total Assets

$22,875

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/31/2017
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WeRTeachers on StartEngine 2017
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,001,332
Price per Share: $1.00

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