About
Unlock your child's hidden abilities | designed at the SpaceX lab school | ages 7+
- West Hollywood, United States of America
- Legal Name: Synthesis School, INC.
- Company ID: 85-2547078
- Year Founded: 2020
- Industry: Education Management
- Website: https://www.synthesis.is/
- SEC Filings
Highlights
—
CF Valuation
$3M
Total Raised
$10.7M
Revenue
44
Employees
Indicators
Profit Margin
-130.1%
(39%)
2021: -169.1%
Current Ratio
1.2
(-92%)
2021: 15
Revenue Growth
Financials
| INCOME STATEMENT | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $10,706,103 | $2,936,743 | 265% |
| Cost of Goods Sold | -$5,292,292 | -$1,425,232 | 271% |
| Gross Profit | $5,413,811 | $1,511,511 | 258% |
| Other Costs | -$19,346,734 | -$6,477,589 | 199% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$13,932,923 | -$4,966,078 | 181% |
| BALANCE SHEET | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $11,178,812 | $10,249,091 | 9% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $11,178,812 | $10,249,091 | 9% |
| Other Assets | $2,307,431 | $946,320 | 144% |
| Total Assets | $13,486,243 | $11,195,411 | 20% |
| Short Term debt | $11,200,941 | $746,276 | 1,401% |
| Long Term debt | $0 | $10,855,165 | -100% |
| Total Debt | $11,200,941 | $11,601,441 | -3% |
| Other Liabilities | $2,285,302 | -$406,030 | -663% |
| Total Liabilities | $13,486,243 | $11,195,411 | 20% |
Revenue Growth
Financials
| INCOME STATEMENT | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $10,706,103 | $2,936,743 | 265% |
| Cost of Goods Sold | -$5,292,292 | -$1,425,232 | 271% |
| Gross Profit | $5,413,811 | $1,511,511 | 258% |
| Other Costs | -$19,346,734 | -$6,477,589 | 199% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$13,932,923 | -$4,966,078 | 181% |
| BALANCE SHEET | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $11,178,812 | $10,249,091 | 9% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $11,178,812 | $10,249,091 | 9% |
| Other Assets | $2,307,431 | $946,320 | 144% |
| Total Assets | $13,486,243 | $11,195,411 | 20% |
| Short Term debt | $11,200,941 | $746,276 | 1,401% |
| Long Term debt | $0 | $10,855,165 | -100% |
| Total Debt | $11,200,941 | $11,601,441 | -3% |
| Other Liabilities | $2,285,302 | -$406,030 | -663% |
| Total Liabilities | $13,486,243 | $11,195,411 | 20% |
| INCOME STATEMENT | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $10,706,103 | $2,936,743 | 265% |
| Cost of Goods Sold | -$5,292,292 | -$1,425,232 | 271% |
| Gross Profit | $5,413,811 | $1,511,511 | 258% |
| Other Costs | -$19,346,734 | -$6,477,589 | 199% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$13,932,923 | -$4,966,078 | 181% |
| BALANCE SHEET | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $11,178,812 | $10,249,091 | 9% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $11,178,812 | $10,249,091 | 9% |
| Other Assets | $2,307,431 | $946,320 | 144% |
| Total Assets | $13,486,243 | $11,195,411 | 20% |
| Short Term debt | $11,200,941 | $746,276 | 1,401% |
| Long Term debt | $0 | $10,855,165 | -100% |
| Total Debt | $11,200,941 | $11,601,441 | -3% |
| Other Liabilities | $2,285,302 | -$406,030 | -663% |
| Total Liabilities | $13,486,243 | $11,195,411 | 20% |
| INCOME STATEMENT | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $10,706,103 | $2,936,743 | 265% |
| Cost of Goods Sold | -$5,292,292 | -$1,425,232 | 271% |
| Gross Profit | $5,413,811 | $1,511,511 | 258% |
| Other Costs | -$19,346,734 | -$6,477,589 | 199% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$13,932,923 | -$4,966,078 | 181% |
| BALANCE SHEET | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $11,178,812 | $10,249,091 | 9% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $11,178,812 | $10,249,091 | 9% |
| Other Assets | $2,307,431 | $946,320 | 144% |
| Total Assets | $13,486,243 | $11,195,411 | 20% |
| Short Term debt | $11,200,941 | $746,276 | 1,401% |
| Long Term debt | $0 | $10,855,165 | -100% |
| Total Debt | $11,200,941 | $11,601,441 | -3% |
| Other Liabilities | $2,285,302 | -$406,030 | -663% |
| Total Liabilities | $13,486,243 | $11,195,411 | 20% |
Indicators
Profit Margin
-130.1%
(39%)
2021: -169.1%
Current Ratio
1.2
(-92%)
2021: 15
Efficiency Ratio
49.4%
(1.9%)
2021: 48.5%
Key figures
| INCOME STATEMENT | 2022 | 2021 |
|---|---|---|
| Revenue Growth | 265% | ∞ |
| Profit Margin | -130% | -169% |
| Current Ratio | 1% | 15% |
| Efficiency Ratio | 49% | 48% |
| Solvency Ratio | -124% | -43% |
| Debt Ratio | 83% | 104% |
Funding History
1 Funding Round
$2,987,382Total Raised
—CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Closed | Closed | Apr 30, 2023 | $2,987,382 | Wefunder | SAFE | — | — | SEC Reg CF | 311 days | Jun 23, 2022 |
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