Rhymella

Rhymella

Original children’s stories created on-demand, using photos from real life

Print
Security Type
SAFE
Categories
Media
Location
Newtonville, MA
Offering Date
February 21, 2018
Expected Close Date
April 30, 2018
Target Raise
$25.00K-$107.00K
Deal Notes
  • Funding goal: $25K – $107K
  • Investment size: min $50, max $107K
  • Deadline: April 30, 2018 (EDT)
  • Type of security: Crowd Safe
  • Discount: 20%
  • Valuation cap: $4,000,000

Company Description

Rhymella applies automation to write original stories using content from real life. User photos and specifics from a particular experience are weaved into an original, imaginative story that features each child as the main character. Rhymella unlocks imaginative adventures from an everyday trip to the park, to a baseball game or afternoon at Disney (and everything in between). The Rhymella app walks users through a series of simple steps to collect content needed to make each storybook. The user interface is simple and easy. If the user has already taken photos, this can be done in less than 10 minutes. Alternatively, completing prompts on the app can be an experience in of itself, where kids embark on a Rhymella journey with parents/caregivers who walk them through each step.

Perks

Invest $50 - Our sincerest thanks
Invest $100 - Early access to beta launch
Invest $250 - 1 digital Rhymella + early access beta launch
Invest $500 - 3 month Rhymella digital subscription + early access beta launch
Invest $1,000 - 9 month Rhymella digital subscription + early access beta launch
Invest $2,500 - 12 month Rhymella digital subscription + early access beta launch
Invest $5,000 - 1 hard copy Rhymella + 12 month Rhymella digital subscription + early access beta launch
Invest $10,000 - 6 hard copy Rhymellas + 12 month Rhymella digital subscription + early access beta launch
Invest $25,000 - seat on advisory board + 6 hard copy Rhymella + 12 month Rhymella digital subscription + early access beta launch

Key Deal Facts

Imaginative adventure stories, original to each child, based on real life experiences
Automates the process of writing an original story
$20m projected revenue from consumer books sales alone
Licensing of Rhymella technology targets a +$200bn market for automated, personalized storytelling
Sales of children’s books at an all-time high (+550% children’s book category vs. total book category growth)
Children acquire more words when reading personalized content

Use of Proceeds

  • App development
  • Machine intelligence capability
  • Marketing and business development
  • Copyright and legal

Management Team / Advisory Board Bios

Megan McElroy Rzezutko
Co-Founder & CEO
Megan spent 10+ years in investments, both public and private with Piper Jaffray Private Capital/North Sky Capital, Allen & Company, and UBS; 5+ years in tech and management consulting, and is an avid writer of books for 3-year old son Charlie.

Kate Pentkowski
Co-Founder & VP of Product
Kate spent 15+ years in art/design, and 8+ years in tech startups including as Director of Development at Mulu and Shopfeed. She holds an MA in Special Education from NYU and can be found taking photos of her son George, all over NYC.

Nasim Eftekhari
Technology Advisor
Nasim advises on technology strategy, with expertise in Artificial Intelligence and Innovation. Currently a Data Scientist with City of Hope cancer research center, Nasim previously co-founded AI company Aistra, which merged with Potentia Analytics.

Jon Casey
Creative Director
Jon provides creative direction for the Rhymella brand and experience. Before co-founding Fair Folk, a design-driven creative agency, Jon worked at Hill Holiday, Arnold Worldwide, and SapientNitro (now SapientRazorfish).

Kevin Cimo
Creative Director
Kevin provides creative direction for the Rhymella brand and experience. Before co-founding Fair Folk, a design-driven creative agency, Kevin worked at Hill Holiday, Vitro, Connelly Partners, Winsper and Nail Communications.

Amy Cohn
Advisor
Amy was previously Exec Director for Apps & Emerging Platforms at Sony Pictures Entertainment, Head of Product at Oprah.com, Head of Product at Disney, ABC TV Networks. Mentor for Disney, Cedars-Sinai and Los Angeles Techstars Accelerators.

Richard Henkel
Board Member & Advisor
Richard established and ran the Arizona State Retirement System’s Private Equity Program. While at ASRS he was on many Private Equity Fund Advisory Boards. Prior to this, he was a key executive with Grumman Corp & Northrop Grumman Inc.

William B. Richards
Advisor
Bill is a seasoned investment professional with 40+ years of experience in the global financial industry. He serves as a Director and/or Senior Advisor at the Jamestown Foundation, the Cerebral Palsy Americas Research Foundation and Rhymella.

Deal Notes

  • Funding goal: $25K – $107K
  • Investment size: min $50, max $107K
  • Deadline: April 30, 2018 (EDT)
  • Type of security: Crowd Safe
  • Discount: 20%
  • Valuation cap: $4,000,000
Amount Raised : $85,709
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

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments