Phenomena is an app store for the future of education!

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Security Type
Software, Education, Marketplace, B2C, Technology
Min Investment
Seattle, WA
Expected Close Date
April 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

πŸ‘¨β€πŸ’» Founded by an MIT Media Lab grad, former math and physics teacher, and serial entrepreneur
πŸ₯‡ Phenomena is the first marketplace devoted solely to digital learning experiences
πŸ§‘β€πŸŽ€ We're advancing the state of education for today's digitally native students
πŸ— The Phenomena Creator Tool will allow anyone to easily build and publish engaging educational apps
🍭 The Phenomena marketplace is like an educational "candy store" for students, paid for by parents
πŸ“ˆ The consumer edtech market is valued at $268B and is growing at 16.3% year over year
πŸš€ We're excited for you to join our mission to reimagine education and make learning engaging for all

Management Team / Advisory Board Bios

Jared Schiffman Founder & CEOMIT Computer Science + MIT Media Lab Graduate,
Former Γ’β‚¬ΛœHigh Tech HighÒ€ℒ Math & Physics Teacher,
Founder of Perch Interactive, Potion Design and Popplet, National Design Award finalist for Interaction Design
Amount Raised : $263,665
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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