Gradey

Gradey

Early Stage

AI Powered academic assistant to help kids succeed in school, just Ask Gradey!

AI Powered academic assistant to help kids succeed in school, just Ask Gradey!

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/15/2023

Close Date

02/01/2024

Min. Goal
$25,000
Max. Goal
$40,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$1,500,000

Discount

25%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

02/17/2024

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2022

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Pittsburgh, Pennsylvania

Business Type

High Growth

Gradey, with a valuation of $1.5 million, is raising funds on Wefunder. The company has developed an AI-powered academic assistant to help students succeed in school. Gradey’s platform provides a virtual academic assistant that gives instant access to kids’ grades with an analysis of how these grades affect overall academic success. The platform works on a subscription model, which is inexpensive at about $4.00 per student per month. Sanjay Akut founded Gradey in August 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $40,000. The campaign proceeds will be used for technical resources to support the pilot launch, marketing, and legal and accounting fees.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-9,909

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$31,151

$0

Accounts Receivable

$0

$0

Total Assets

$31,151

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/15/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Gradey 01/31/2024 Wefunder $1,500,000 $0 SAFE Not Funded RegCF
Gradey 02/12/2023 Wefunder $1,500,000 $124,000 SAFE Funded RegCF
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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

Funding data not publicly available

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Gradey on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $1,500,000

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