-
Security Type
-
Convertible Note
-
Categories
-
Technology, Retail, Childcare
-
Min Investment
-
$250
-
Expected Close Date
-
April 29, 2024
-
Target Raise
-
$50.00K-$1.24M
-
No. Investors
-
140
-
Security Price
-
$1
- Number of Employees
- 12
- Cash
- $621,638
- Revenue
- $4,907,961
- Short Term Debt
- $596,117
- Cost of Goods
- $3,216,127
- Long Term Debt
- $1,914,655
- Net Income
- $-1,956,996
Key Deal Facts
$11,000,000+ in total revenue
Over 30,000 phones shipped
Over $4,000,000 in capital raised from VC firms (Circadian and Drumbeat Ventures) and angels.
4.7 Star Rating on 1,000+ online reviews on Google, TrustPilot, and Amazon.
Highlighted in major press outlets like the WSJ, NYT, USA Today, NBC, CBS, and The Today Show.
Massive growing consumer market for specially-designed tech options for kids & teens.
Management Team / Advisory Board Bios
Dane Witbeck CEO Dane (Georgia Tech, Stanford) is the CEO & Founder at Pinwheel. Previously, Dane co-founded Meshify, which was acquired in 2016 by a German global fortune 500 corporation, MunichRE (stock symbol MUV2.TI)., Leslie Tyler CMOLeslie (UT Austin, Berkeley) has grown B2B SaaS and B2C tech companies from zero to over $125M with multiple successful exits (IPO and acquisition). Most recently she led Marketing & Sales at Edulastic, which was acquired by GoGuardian in 2021.