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THINKSTER LEARNING

Operating

Thinkster Learning, Inc.

Industrial & Manufacturing · Founded 2014

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Organizing tutoring market with coaches superpowered by AI

Post-money valuation ⓘ
$35.5M
As of Jul 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$12,815,000
Crowd $0 · Private $12.8M · 6 rounds since 2013
Latest share price
$0.3129
Section 4(a)(2) · Series A-2 Preferred Stock · Oct 2023 offering price

Financials

FY2022–FY2023 · from SEC filings · hover any figure for its source
$4.5M
−$3.1M
2022
$4.3M
−$1.9M
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022 reviewed
FY2023 reviewed
Income statement
Revenue
$4,466,907
$4,250,692
Cost of goods sold
$1,348,817
$1,255,731
Gross margin
70%
70%
Net income
-$3,061,681
-$1,936,402
Taxes paid
$0
$0
Balance sheet
Cash
$999,135
$233,288
Accounts receivable
$67,471
$37,249
Total assets
$2,495,048
$1,934,611
Short-term debt
$936,228
$1,581,536
Long-term debt
$4,763,784
$5,516,810
Total liabilities
$5,700,012
$7,098,346
Other
Headcount
—
10

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$35.5M
pre-money
Reg CF · Preferred · Jun 2024

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$0.4679$0.234$0.1551
Mar 2013Oct 2023
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines, and each class is drawn as its own line.

Cap table

Principal holders% as the filing states it, Jun 17, 2024

  • Innospark Ventures, LLC1,716,942 Series A-2b Preferred Stock16.1%of votes
  • Innospark Ventures, LLC949,667 Series A-3 Preferred Stock—of votes

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · Preferred Stock · Jun 2024Closedvia StartEngine
Raised $0 / $1.2MInvestors 39Post-money $35.5M
Section 4(a)(2) · Series A-2 Preferred Stock · Oct 2023Closed
Raised $5.3M
Section 4(a)(2) · Series A-3 Preferred Stock · Mar 2023Closed
Raised $1.8M
Section 4(a)(2) · Series A-1 Preferred Stock · Jan 2019Closed
Raised $1M
Section 4(a)(2) · Series A Preferred Stock · Jul 2016Closed
Raised $3.7M

Team

4 people
Rajesh Elayavalli
CEO, Director, and Principal Accounting Officer
Deepak Verma
Director
Raju Venkatraman
Director
Sundaresan Natarajan
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 2 annual reports (FY2024–FY2025)

Missing: 2024, 2025

39 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-UOct 18, 20240001665160-24-001417
    EDGAR
  • Form CJun 17, 20240001665160-24-000992
    EDGAR
Source: ManualCIK 0002026935Share price $0.42

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.