Charles Paul
Signal Hill, CA (USA)
Role(s):
Worldwise Education, Inc.
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Startup
Location:
Signal Hill
Industry:
Education
Year Founded:
2004
Number Employees:
INVALID
Description:
Worldwise Education features student artwork in consumer products that create sustainable income for schools. We give schools everything they need to be successful in our program and have four primary sales channels: school fundraisers, online, retailers, and corporate sales. So far, our products have raised over $1 million paid directly to schools.
We have 10 employees and been selling products now for two years. Revenues this year will exceed $800,000. Next year we expect revenues to reach $3.5 million with over $500,000 in profit.
We are looking to raise $1.5 million to launch our retail line and build our sales team. We expect to provide investors a 10x return with an exit in 4 years or less.