Hi Folks! The "waitlist" is noted both in the FAQ's on the Kachinga website, and also Mr. McIntyre's LinkedIn profile. It mentions a launch "in the fall" and references 2019. It's confusing here. I see it in the app store, so I'm assuming this is a launched product. BUT, those...

Hi Todd! Thanks for the note and for catching the discrepancies we need to fix. We launched the Alpha version of our platform in late 2019. We tested it with 50+ families for several months before making it available to the general public in September 2020 via our soft launch. We are preparing to do a formal launch announcement soon with full PR and other great news about our progress. Stay tuned!

Hi John, I was reading through the convertible note and noticed a couple of items. (1) Under Change of Control, the note holders merely get paid back their principal and interest. Why wouldn't the note holders participate in any upside of a change of control per the greater re...

Hi. Sorry for the delay in responding. Wefunder accidentally launched our campaign before we were ready! We'll be launching very soon! To answer your question, this is a convertible note which means it automatically converts to equity upon change of control. The equity amount would be based on either the valuation cap or the discount, whichever results in a higher amount for the investor. However, if the amount the equity would be worth upon conversion is less than the value of the note plus ...

What is the year-to-date revenue for 2021, and do you anticipate hitting your estimated revenue target of $1.5M for the year?

Hi. The campaign was on hold earlier this year, and content has since been updated based on our roadmap and new projections. We're excited now to say that we're relaunching the campaign this month! All information now, including the revised financial forecast through 2025 are included for reference.

Kachinga Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

CEO led high growth product portfolios with revenue > $500M, and projects that help the underbanked

CFO has raised > $300M & led companies to successful exits including IPO

Thousands of customers acquired through word of mouth and organic growth to date

$91B spent annually by kids in US

Estimated cash flow positive in < 24 months

Only solution with data-driven insights & personalized financial literacy guidance & insights

Untapped market--Kachinga and our competitors represent less than 10% of the serviceable market

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Helping parents raise financially smart kids!

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