College Coaching Network

College Coaching Network

Early Stage

College Coaching Network provides mobile guidance counseling to students in need of scholarships, grants or endowments through a virtual scholarship app

College Coaching Network provides mobile guidance counseling to students in need of scholarships, grants or endowments through a virtual scholarship app

Overview

Raised to Date: Raised: $1,100

Total Commitments ($USD)

Platform

Netcapital

Start Date

03/29/2020

Close Date

04/30/2020

Min. Goal
$10,000
Max. Goal
$77,180
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$2,529,820

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/29/2020

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

$35

Momentum
Not Funded
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Year Founded

2016

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Grandview, Missouri

Business Type

Growth

College Coaching Network, with a post-money valuation of $2.6 million, is raising funds on NetCapital. The company provides mobile counseling and guidance to students looking for scholarships, grants, or endowments. The mobile app of College Coaching Network helps the students through the entire college planning process. College Coaching Network was founded by Claude Harris and Anthony Kozuch in 2016. The proceeds of the current round of crowdfunding, with a minimum goal of $10,000 and a maximum goal of $77,180, will be used for compensation for managers, sales and marketing, office space, office supplies, and virtual app technological development. College Coaching Network has a subscription-based business model and has memberships with the YMCA, Urban League, Urban Rangers, and Sallie Mae.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$15,000

$7,500

COGS

$3,000

$2,200

Tax

$0

$0

 

 

Net Income

$11,400

$4,500

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$12,000

$2,500

Accounts Receivable

$15,000

$7,500

Total Assets

$35,000

$17,000

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 03/29/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
College Coaching Network 02/21/2022 StartEngine $6,000,500 $55,084 Equity - Common Funded RegCF
College Coaching Network 04/29/2020 Netcapital $2,529,820 $1,100 Equity - Common Not Funded RegCF
College Coaching Network 01/30/2020 Netcapital $2,500,000 $36,120 Equity - Common 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

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College Coaching Network Inc. on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $2,529,820
Price per Share: $5.00

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