KulaCrate

KulaCrate

Simplifies the funding, purchasing, and distribution of classroom supplies for teachers

Print
Security Type
Membership Units
Categories
Education
Min Investment
$99
Location
Boca Raton, FL
Offering Date
February 14, 2020
Expected Close Date
September 29, 2020
Target Raise
$10.00K-$106.88K
Deal Notes

Price per Unit: $2.25

Valuation
$2,788,875

Company Description

At KulaCrate, we make getting classroom supplies easy by simplifying the funding, purchasing, and distribution associated with classroom supplies.

KulaCrate is a social crowdfunding platform that connects teachers to the supplies and resources they need. We make it easy for teachers to connect with parents, friends and family to raise funds for their classroom.

In addition to our online site that makes the transactions possible, we plan to build a fully functioning wholesale operation, so that the funds raised can purchase supplies directly from KulaCrate. That way, teachers don’t have to go out and buy the supplies themselves or worry about keeping track of expenses. They can focus on what is important: teaching.

How does it work? Teachers simply sign up and create their classroom supply list. Then parents, family, and friends access the teacher's page to donate funds. Every month, a new crate is delivered to the teacher's classroom. KulaCrate takes care of the shopping and shipping. We invest the time and resources to be as understanding and knowledgeable as possible by removing complicated, awkward, and unnecessary steps. Our goal is to bring it all together for teachers and parents, funds and resources, and schools and supplies.

Key Deal Facts

Live Website
Experienced Founders
Helping Teachers get the supplies they need

Use of Proceeds

  • Working Capital
  • Intermediary fees

Deal Notes

Price per Unit: $2.25

Amount Raised : $12,479
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Membership Units represent ownership rights in a Limited Liability Company, indicated by the right to receive cash or unit distributions, declared by the Manager(s) of the LLC, and having voting rights in the governance of the Company.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments