Fluent Forever
Neuroscience-based language learning app.
Overview
Raised: $290,010
Total Commitments ($USD)
Republic
07/06/2022
10/11/2022
$150
SAFE
Seed
RegCF
$35,000,000
10%
Rolling Commitments ($USD)
10/30/2022
$3,021
372
2018
Education, Training, & Coaching
EdTech
B2C
High
Low
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,870,617 |
$1,093,166 |
|
COGS |
$375,641 |
$223,815 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-2,174,548 |
$-1,845,193 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$876,705 |
$1,864,192 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,713,985 |
$2,678,165 |
|
Short-Term Debt |
$658,362 |
$523,734 |
|
Long-Term Debt |
$232,166 |
$337,839 |
|
Total Liabilities |
$890,528 |
$861,573 |
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Fluent Forever | 10/10/2022 | Republic | $35,000,000 | $290,010 | SAFE | Funded | RegCF |
| Fluent Forever-3, a Series of Jason’s Syndicate | 08/29/2021 | The Syndicate | - | $144,608 | Equity - Common | Funded | RegD 506(b) |
| Fluent Forever-2, a Series of Jason’s Syndicate | 11/03/2020 | The Syndicate | - | $277,198 | Equity - Common | Funded | RegD 506(b) |
| Fluent Forever, a Series of Jason’s Syndicate | 08/10/2020 | The Syndicate | - | $359,993 | Equity - Common | Funded | RegD 506(b) |
| Fluent Forever | 04/08/2019 | Microventures | $8,500,000 | $263,834 | Convertible Note | Funded | RegCF |
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Valuation History
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.
Employee History
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Learning a language is hard.
I couldn’t even get a basic grasp of Spanish in middle school. So I eventually just threw in the towel and took Latin — a dead language that’s barely spoken.
I’ve always held the belief that gaining fluency in a language as an adult is next to impossible without innate abilities. It’s one of those things that everyone wants to do — but it’s too difficult to seriously pursue. I grew up speaking Serbian in my house. I can’t even begin to imagine how difficult it would be to try and learn Serbian in my adult life. And the stats support this. Studies show that the ability to learn a language is strongest until age 18, after which it drastically declines.