Digital Dream Labs

Digital Dream Labs

Engineering the Future

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Security Type
Secured Loan
Min Investment
$100
Location
Pittsburgh, PA
Offering Date
December 29, 2020
Expected Close Date
March 09, 2021
Target Raise
$100.00K-$500.00K
Deal Notes

Investment Multiple: 1.8x  (Ex: If you invest $10,000 you will receive a repayment of $18,000 if the note is paid as agreed)

Term Length: 5 years, with a balloon payment, if the full repayment is not returned within the 60 months

Repayment Terms: Digital Dream Labs makes monthly payments, distributed to investors quarterly

Revenue Percentage: Varies from 1% to 1.5% based on the total amount raised in the campaign.  See Financial Summary for details.

Minimum Payment: Regardless of monthly revenue, Digital Dream Labs will pay a minimum of 1.0% of total funds raised

Securitization: Yes; blanket lien on assets of the company

Company Description

Based in Pittsburgh, PA, Digital Dream Labs (DDL) is a consumer electronics company which develops patented, industry-leading personal robots and hands-on STEM education video games. DDL makes learning 21st century skills fun while reducing educational inequities in schools.DDL's products satisfy the need for engaging, language and system-agnostic solutions that allow children of all ages to have fun while learning 21st century skills (communication, collaboration, creativity and computational thinking). With an experienced team and an exciting product roadmap that has the potential for 60%+ revenue growth, DDL is poised to capture its sector of the $4 trillion worldwide education market.

The educational technology (Edtech) market is projected to grow 16% YoY for the next three years and beyond, and startups and crowdfunded projects are rushing to enter the space, promising revolutionary new learning technologies that are nevertheless unlikely to deliver due to unforeseen distribution and other constraints. With 8,000+ school districts in the United States and millions of families using their products around the world, DDL’s tested manufacturing and development capabilities have already established significant barriers to entry for its competitors.With the continued growth of the Edtech / smart classroom market and further expansion of the business's consumer sales, DDL is expecting to achieve YoY revenue in excess of $100 million by 2023. The company is exploring the possibility of going public as an IPO in the next 3 to 5 years and an EPO as early as 2021.

Key Deal Facts

Digital Dream Labs has been Profitable Since 2017
YoY Revenue (2019 to 2020) has Quadrupled
Dramatic Growth Despite Pandemic
Acquired Anki's assets in December 2019
Trademarks, Copyrights and Patented Technologies (30+ Patents)
Recognized Name in Ed-tech Market with 3M+ Customers

Deal Notes

Investment Multiple: 1.8x  (Ex: If you invest $10,000 you will receive a repayment of $18,000 if the note is paid as agreed)

Term Length: 5 years, with a balloon payment, if the full repayment is not returned within the 60 months

Repayment Terms: Digital Dream Labs makes monthly payments, distributed to investors quarterly

Revenue Percentage: Varies from 1% to 1.5% based on the total amount raised in the campaign.  See Financial Summary for details.

Minimum Payment: Regardless of monthly revenue, Digital Dream Labs will pay a minimum of 1.0% of total funds raised

Securitization: Yes; blanket lien on assets of the company

Amount Raised : $0
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Security Description

Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.

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