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Security Type
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Debt
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Categories
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Education, Technology, Retail, Sustainability
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Min Investment
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$100
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Offering Date
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June 28, 2021
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Expected Close Date
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December 31, 2021
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Target Raise
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$150.00K-$1.07M
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Security Price
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$1
- Number of Employees
- 4
- Cash
- $95,481
- Revenue
- $0
- Short Term Debt
- $680,191
- Cost of Goods
- $0
- Long Term Debt
- $29,987
- Net Income
- $-6,112
Company Description
LearnDay lifelong upskills promote “Hire Learning” in an ever-changing job market. We’re disrupting higher education with the best credentialed online certificate courses available, changing the model from higher education to hire education.
Key Deal Facts
11,000+ users with more than 20,000 enrolments in Canadian insurance industry alone and growing.
Last 12 calendar months sales topped $400,000 with cumulative sales exceeding $820,000.
Expansion across the USA with focus on Texas, Florida and California.
Independent external certification of all courses recognized by industry.
Product portfolio is expanding to regulated education in Finance, Healthcare.
A highly-experienced team in online education and building successful companies.
$320bn e-learning market with 9,1% CAGR
Management Team / Advisory Board Bios
Jacques Wong, Chief Executive Officer
Founder/CEO of PNC Learning, (a LearnDay sub), one of Canada’s leading independent providers of pre-licensing and accredited continuing education for insurance professionals. Jacques has experience in successfully launching new e-Learning programs.
Chris Greyling, President
Chris founded a number of diverse companies solving problems in challenging markets including financial, e-commerce, telecommunications and software solutions. Successful exits of two companies to Johannesburg Stock Exchange listed companies.
Wayne Van Damme, Chief Learning Officer
Founder, CEO and President of BlocksEDU Learning Corp BlocksEDU is a provider of quality courseware for Universities, Colleges and Education Providers with clients world-wide.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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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
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The value of the company compared to similar companies raising money from investors.
Valuation
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.