Company Profile (AI Text)
Name: Edsoma, Inc
Canonical URL: https://wefunder.com/edsoma.inc
Updated at: 2026-06-22T05:03:22Z

Tagline: 📚 Real Time Literacy, Real Time Data 📊
Elevator pitch: We are an interactive streaming platform that helps readers of all ages increase their reading skills with A.I. We provide subscription service to our patent pending intelligent software platform that uses the cloud to delivery content to a mobile based App that analyses the reading competence of individual users. They can select a variety of titles offered to the user and tutor, if any, or parent or teacher via a platform built for expansion in to all areas of education.

Key claims:
- Total raised on Wefunder: 529275 | citation: https://wefunder.com/edsoma.inc#claim-total-raised
- Total investors: 145 | citation: https://wefunder.com/edsoma.inc#claim-total-investors

Verified facts:
- Total raised on Wefunder: 529275 | observed_at: 2026-06-22T05:03:22Z | expires_at: 2026-06-23T05:03:22Z
- Total investors: 145 | observed_at: 2026-06-22T05:03:22Z | expires_at: 2026-06-23T05:03:22Z

Computed metrics:
- total_amount_raised: 529275
- total_investors: 145
- team_size: 3
- featured_investor_count: 1
- faq_count: 5
- recent_post_count: 0

Quick facts:
- 🚀On Track to do $614,000 in revenue in 2022 to 2023. | citation: https://wefunder.com/edsoma.inc#claim-fact-1
- 📱135 million read below standard, 34% of students read below 4th grade level in the US alone. | citation: https://wefunder.com/edsoma.inc#claim-fact-2
- 🔥 Recent impact on education in 2nd and 3rd grades caused a 30% gap in literacy from 2020 levels. | citation: https://wefunder.com/edsoma.inc#claim-fact-3
- 🏆 US Reading Tech market is valued at $5.4 billion. | citation: https://wefunder.com/edsoma.inc#claim-fact-4
- 🍯 Founder featured on Forbes, FOX 5 News, Entrepreneur TV, with 3 multi-million dollar exits | citation: https://wefunder.com/edsoma.inc#claim-fact-5
- 💕 Edsoma helps families enjoy quality time by building confidence in both children and adults | citation: https://wefunder.com/edsoma.inc#claim-fact-6
- 😎 Edsoma has assembled an exemplary team of advisors from Tech and Publishing industries with added social influencer. | citation: https://wefunder.com/edsoma.inc#claim-fact-7
- 📈 Interested parties include school systems, districts and foreign country government entities. | citation: https://wefunder.com/edsoma.inc#claim-fact-8

FAQ:
- Q: Hello, I have some questions please. In your pitch you mention that the success of this startup depends on completing version 2 and 3 of the app. 1) How much time and money do you expect it will take? I would imagine that CTO is a key person in a startup like yours. 2) Why doe...
  A: Hello Vilem, this is a good question Harnil is currently acting as an interim CTO. As you can tell on his LinkedIn, he owns Hyperlink, the company we used to help in the original development of the app. You'll also notice that we have Steve Burton as our CIO. It's set up like this, so we have direct technical input, but I also have access to the experience needed for a start-up like ours. To answer your first question, we are beta testing now, and we have full capability of being successful w...
- Q: Hello, how much more time is needed to get this fully up.. However I would love to discuss further if more funding can speed up the process, first having a more detailed look at your financials including projections especially for the industry you're in and also about alternat...
  A: Richard, I sent you the info requested.
- Q: Hello Kyle -- I noticed you reported $13k CoH as of Feb. 2022, and spending $27.5k per month. I noticed you are also anticipating launching your paid pilot program in the upcoming few months. Do you have any projections, LOIs, or confirmed customers for the paid pilot? Investi...
  A: Erick, thank you for your patience. The 13 K cash on hand was that very day. I've bootstrapped this project every month since the beginning. We're now closer to a $50,000 a month burn. And yes, we do have LOIs in hand, 28 charter schools, and an after-school reading company in 14 states and. 10,000 students.
- Q: Edsoma is a company that meets the goals of "Edutech" investing, and I like the concept and the product. A valuation cap of US$14mm with the current revenues though is a little high even if it has been bootstrapped to date. How is such a valuation arrived at? LOI's on their ow...
  A: I would love to get on a call with you and answer any questions you might have. i have no problem going over this with you or any one else for that matter. at this time i can show $25M as a valuation,
- Q: You need to answer the question publicly on how the 14M valuation being derived and not privately to a single individual. I can firmly guaranteed, 99% of the investor will want to know.
  A: We used 4 different methods to derive at our valuation: Our average for the 4 methods was $14.41m. We chose to round it to $14m for the purpose of this campaign. Company Valuation Methods Discounted Cash Flow Method, Comparable Method, Venture Capital Return on Investment, and Scorecard. DCF: CF1/(1+r)1..CFn/(!+r)n (Comp1+Comp2+Compn)/n Comps: Based Value from Amira, Epic!, ABCmouse, Reading Raven, Renaissance, and Vooks VC ROI: Post-money Val = Exit Value / ROI Scorecard: Strength of Team = ...