Maven (Formerly Wes and Gagan’s Startup) (2021)

Maven (Formerly Wes and Gagan’s Startup) (2021)

About this raise

Maven (Formerly Wes and Gagan’s Startup), with a valuation cap of $30 million, is raising crowdfunding on Republic. It is an upcoming online learning platform offering cohort-based courses. The learners will be able to take courses along with their peers, enabling them to create exciting educational programming. Wes Kao and Gagan Biyani founded Wes and Gagan’s Startup in October 2020 and have raised over $4 million since the inception. The proceeds of the current crowdfunding campaign, with a minimum raise of $25,000 and a maximum raise of $1,070,000, will be used towards first hires. Wes and Gagan’s Startup is led by an experienced team and is building the platform for anyone interested in learning.

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Investment Overview

Invested this round: $750,000

Deal Terms

Total Commitments

Platform
Republic
Start Date
12/28/2020
Close Date
01/25/2021
Min. Goal
$25,000
Max Goal
$750,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$30,000,000

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Austin, Texas
Business Type
High Growth
Company Website
Visit Website

Team

Employees
3
Founder Name
Wes Kao
Title
Co-Founder
Founder Name
Gagan Biyani
Title
CEO

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/02/2021 Self Managed - $20,391,010 Equity - Common Funded RegD 506(b)
01/25/2021 Republic $30,000,000 $750,000 SAFE Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Employee History

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Maven (Formerly Wes and Gagan’s Startup) on Republic
Platform: Republic
Security Type: SAFE
Valuation: $30,000,000

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