Invest in an online tutoring platform that is the first of its kind.

Security Type
Convertible Note
Service Businesses
Min Investment
Coconut Creek, FL
Offering Date
February 04, 2021
Expected Close Date
June 10, 2021
Target Raise
Deal Notes

Annual Interest Rate: 7%

Discount Rate: 20%

Maturity Date: 2 years

Shareholder Voting Rights: None

Shareholder Voting Right Limitations: None

Company Description

There are a record number of retiring professionals in the trades industry, but not enough individuals to fill their shoes. Despite offering incentives and opportunities to make the same starting wage as the average office job, there are not enough young individuals to fill these job vacancies.

With over 5,000 licenses in the United States, it can be a challenge for aspiring trade professionals to find the right expert and program to become certified. We believe the trades test prep industry is ready for a change. Students are interested in a one-on-one experience. These students have a higher first time pass rate than students who attend seminars with large groups of students.

Key Deal Facts

Upstryve has been profitable since inception with high gross margins of 40% and high EBITDA margins of 20%.
We have a library of 500 plus student self study programs in the trade and vocational industry.
We give our tutors three ways to make money, enabling them to make a full time career out of this, if desired.
Strong proof of concept in 2020 with a sample size of 20 tutors and industry experts and over 500 students.
Our team members have expertise in customer acquisition, lead generation and social media marketing.

Use of Proceeds

  • Offering Expenses
  • Portal Fees
  • New Hires
  • Customer Acquisition
  • Social Media

Management Team / Advisory Board Bios

Evan Levine

Evan M. Levine is an assertive and insightful leader encompassing over three decades of in-depth expertise in strategic ventures, executive supervision, asset management and the institutional investment business. His proficiencies include initiating, restructuring, and managing corporate infrastructure with knowledge, skill and a proven track record of delivering extraordinary returns to investors and shareholders as well as partners, employers and employees.

He is adept at launching and reorganizing companies in various stages of development as well as originating and managing investment products including hedge funds, private equity capital vehicles, and NFA commodities / futures funds. Mr. Levine has served on the public and private boards of over one dozen companies in roles that include Chairman of the Board, Executive Chairman, Vice Chairman, Chief Executive Officer, Audit Committee Chairman, Nominating / Governance /Compensation Committee Member, and Trustee.

Noah Davis

Business Executive, Investor and Entrepreneur with expertise in launching, reorganizing and managing businesses in Real Estate, Oil and Gas, Healthcare, E-Commerce, Education Technology and Transportation companies.

Proficient in financial analysis, syndication, new business development, project management and marketing. Adept in the intricacies of budgeting, financial analysis, corporate structure and brand marketing to create significant value.

Johanna Viscaino

Jo is a natural creative. she has ben practicing visual arts for 17 years and applies her knowledge of aesthetics, whether lading a design discussion or creating content. in addition, she has 13 years of experience in the music industry, which allows her to bring out of the box ideas when it comes to promotions.

Ori Gross

Ori is the technical guru here at Upstryve. He has over ten years of programming experience, software set up, and managing all technical needs.

Prior to Upstryve he served as Chief Engineer at a large online education company. He has managed software and over a dozen websites at prior companies.

Juan Garcia

For over 15 years Juan Garcia has been producing engaging educational content for broadcast and broadband and has previously worked with companies like Apple, Disney, and Adobe on launching innovative educational programs. He produced Energy at the Movies, a PBS special that was telecast to over 43 million homes and earned a Bronze Telly award for excellence in educational programming. Garcia also produced the Energy 101 Massive Open Online Course (MOOC) for The University of Texas at Austin, which was taken by over 44,000 students from around the world and earned praise and recognition from Forbes and the New York Times.

Cesar Valencia

Cesar is a Photographer, Videographer and Content Creator with a focus on Digital Marketing. When he is not in front of his laptop or behind a camera lens he enjoys climbing and hiking outside. He currently lives on the road full time, always looking for new experiences and areas to explore.

Lauren Ruiz

Lauren Ruiz is Account Manager extraordinaire at Upstryve. As an integral part of the development team, she knows the ins and outs of all available courses. With a background in hospitality she will ease your mind with direct answers to your every question.

Deal Notes

Annual Interest Rate: 7%

Discount Rate: 20%

Maturity Date: 2 years

Shareholder Voting Rights: None

Shareholder Voting Right Limitations: None

Amount Raised : $0
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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