Transizion on SeedInvest 2022 – KingsCrowd

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Transizion on SeedInvest 2022 – KingsCrowd


Funding Kind

RegCF
/ RegD 506(c)

Reporting Date

09/10/2022

Probability of Max

Momentum

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Location

Outdated Bridge, New Jersey

Trade

Training, Coaching, & Teaching

Transizion, with a valuation of $7 million, is elevating funds on SeedInvest. It’s an ed-tech mentorship platform that connects college students and professionals for higher faculty and profession outcomes. The platform, CollegeRize, caters to college students’ tutorial and profession wants and helps younger professionals monetize their profession experience. The B2C providing of Transizion has over 300 clients and has achieved $860,000 in income since inception, whereas the B2B platform is focused to be stay within the second half of 2022. Jason Patel and Dharik Patel based Transizion in September 2015. The present crowdfunding marketing campaign has a minimal RegCF goal of $25,000, a minimal elevate goal of $500,000, and a most goal of $1,070,000. The marketing campaign proceeds can be used for scaling the tech workforce, content material advertising, scaling the B2B workforce, and buying the availability facet.

Abstract Revenue and Loss Assertion

Income

$328,904

$238,241

COGS

$0

$0

Tax

$0

$0

 

 

Internet Earnings

$-88,399

$-149,972

Abstract Steadiness Sheet

Money

$159,768

$130,018

Accounts Receivable

$0

$70,000

Complete Property

$159,768

$200,018

Quick-Time period Debt

$178,273

$30,452

Lengthy-Time period Debt

$159,768

$200,018

Complete Liabilities

$338,041

$230,470

Financials as of: 09/09/2022

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