The Company was created with over 18 years’ experience within the educational system in 2013. The Company began from a Tutoring Center, which infused technology to students as well as provided rigorous differentiated instruction to children throughout Monmouth County, New Jersey. The Company began creating and developing its own technologies as well as curriculum that enhanced the learning process. In 2014, the Company developed an app that infused Augmented Reality to real world learning. The app delivers three-dimensional models, 360 degree virtual environments, Virtual Field Trip, Teach Connect and Activity Sheets with animated lessons that can all be viewed with a smart device. The Company created the first of its kind augmented reality platform, which has been implemented in 155 schools across 30 states in the US and other countries. It is also the only company that has the largest Augmented Reality Library of Assets for education.
The Company has also aligned with strategic partners to bundle the product alongside the other companies’ products. The Company has aligned with a national assessment company, aligned with various companies to enhance the learning environment of their products, and signed a contract with the Texas Department of Education for the deaf. The platform was highlighted in EdSurge Magazine as one of the best augmented reality apps for education. The CEO presented the platform at independent school and university conferences about augmented reality and its potential for dramatically enhancing education.
Figures in USD mn
Years Revenue EBITDA
2016 2.6 1.4
2017 5.2 3.8
2018 10.6 8.4
2019 19.8 17
The Founder/CEO has so far invested $1mn from his money and angel investors. In this first round of financing, we are planning to raise min $1.5mn and up to $3mn in return for minority share in the Company.
Asking Price Between $1,000,000 and $2,500,000
Sales Between $2,500,000 and $5,000,000
Profit Between $1,000,000 and $2,500,000
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