HelloSubs

HelloSubs

Solving the substitute teacher shortage with our on-demand staffing platform

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Form C
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Security Type
Crowd SAFE
Categories
Education
Min Investment
$100
Location
DENVER, CO
Offering Date
November 23, 2022
Expected Close Date
November 12, 2023
Target Raise
$25.00K-$250.00K
No. Investors
224
Security Price
$1
Website
hellosubs.co
Number of Employees
258
Cash
$17,668
Revenue
$2,764,530
Short Term Debt
$38,304
Cost of Goods
$1,981,180
Long Term Debt
$681,486
Net Income
$-46,073

Key Deal Facts

Solving the substitute teacher shortage Schools desperately need an additional 1 million+ substitutes 297% YOY growth with only $50K investment $2M+ revenue during 2021/22 school year On pace for $5.6M during 2022/23 school year Disrupting at $12.2B market Founding team built Teaching Nomad

Management Team / Advisory Board Bios

Brett Isis Founder & CEO 2X Father, 1X Husband, 2X Founder. Outdoor sports enthusiast and lover of a great challenge. Derek Burgman CTO Brendan Allen Recruitment Director Spencer Costanzo Product Designer - Advisor - Investor Mike Ostrowski Placement Consultant Brandon Sevilla Placement Consultant Capital Factory Advisor

Amount Raised : $102,574
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Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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