-
Security Type
-
SAFE
-
Categories
-
Other
-
Min Investment
-
$50
-
Offering Date
-
January 01, 0001
-
Expected Close Date
-
September 19, 2019
-
Target Raise
-
$25.00K-$1.07M
-
Deal Notes
-
$1.00 per share
20% discount
Company Description
We build engaging educational games that children actually want to play. Our first product, Puzzlets, is a hands-on learning system for pre-readers that uses toy puzzle pieces with RFID tags to control onscreen learning environments. Digital Dream Labs’ (DDL) innovative development platform, supported by a far-reaching patent, is readily extensible to other devices and applications, such as drones, smart speakers, and robots.
Perks
Invest $50 Receive $50 Crowd SAFE + Shout out on our website!
Invest $100 Receive $100 Crowd SAFE + A download of the first level of our chemistry game "Monstrous Molecules"! First level available Winter 2019.
Invest $250 Receive $250 Crowd SAFE + A one year one student subscription of our new chemistry game "Monstrous Molecules" (release date March 2020) for you and a school of your choice!
Invest $500 Receive $500 Crowd SAFE + One Puzzlets 'starter pack' for you and a school of your choice!
Invest $1,000 Receive $1,000 Crowd SAFE + One Puzzlets 'trifecta pack' that includes our coding, math, and art games for you and a school of your choice!
Invest $2,500 Receive $2,500 Crowd SAFE + A full classroom subscription (30 students) to our chemistry game for a school of your choice!
Invest $5,000 Receive $5,000 Crowd SAFE + A full classroom set (15 units) Puzzlets 'starter pack' to a school of your choice!
Invest $10,000 Receive $10,000 Crowd SAFE + A full classroom set (15 units) of Puzzlets 'trifecta pack' and a full classroom subscription (30 students) to our chemistry game for a school of your choice!
Invest $25,000 Receive $25,000 Crowd SAFE + All of the above and a day at our office learning how games are designed! (transportation not provided)
Key Deal Facts
Digital and real-world STEM games for pre-K to 5th graders
Expansion into middle school grades with WebGL games
~2x YOY revenue growth 2014-2017, profitable/breakeven since 2017
Have generated more revenue than we have raised ($1.65 million)
Sales expected to exceed $1 million in 2019 and $3 million in 2020
Active in 3,400+ U.S. elementary and several international schools
Edtech market projected to reach $252B+ by 2020
Use of Proceeds
Intermediary Fees, Attorney Fees, Accountant Fees, General Marketing, Research & Development, General WOrking Capital
Management Team / Advisory Board Bios
Jacob Hanchar
Founder
Jacob is CEO of Digital Dream Labs, an edtech company based in Pittsburgh. He serves as adviser and investor to many start-up companies in Western PA. Jacob received his Ph.D. in 2007 from UCLA, where he focused on research in neurological sciences.
An Nguyen
Lead Artist
Ben Ungar
Intern Programmer
Bryan Gardiner
Lead Programmer
Jordan King
Marketing Director
Josh Forester
Product Developer
Matthew Derrick
Assistant Artist
Swapnil Mengade
Assistant Programmer
Deal Notes
$1.00 per share
20% discount