BrightFingers Inc.

BrightFingers Inc. — Co-Op #2

New York, NY

http://www.brightfingers.com/

Instructions

17.21% Annualized$1.1100 for every $1.00

8.6 MonthsCo-Op Completed

27% PercentileAnnualized Co-Op Profit Margin Rank

Greetings Kickfurther community, and a special hello and thank you to the 29 Backers of our 1st Offer last year.

BrightFingers Inc. is growing, and we're ready now to do a 2nd offer. The K-12 market (which is our current focus, before also courting parent buyers later this year) moves slowly, and takes time to develop. We had our share of engineering hiccups, and a few missing critical features that teachers educated us about.

Now we're beyond that, emerging from our beta phase, and starting to sell faster. In six states schools have purchased BrightFingers sets for a whole computer lab. Teachers in 27 states and territories have purchased single sets to pilot. We have 160 new sales leads from this year's national ISTE edtech trade show where we exhibited two weeks ago in Denver, right next door to Kickfurther's Boulder hometown. We also have another DOE School Technology Summit coming up at the end of the month. Three NYC public schools for autistic students have done lab-wide installations, after we met their teachers at that same event last summer. And a month ago a NYC teacher was so inspired to have BrightFingers for her computer lab that she undertook some fundraising, setting up a DonorsChoose project to get our learning system for her students.

We're doing this 2nd offer to be able to get several initiatives under way in time for the new school year. We're working to be able to support schools and districts that want to do large- and wide-area deployments, and we're gearing up to do a port for Chromebooks (which enjoyed broad sales to schools last year, and which numerous schools have asked us about).

We'd like to invite you to help us as we sell some of our existing inventory. We waited several quarters so that we could be confident about meeting our projected timeline, now that our early wrinkles are behind us. We will also keep you posted, as we plan another factory order for later this year, and will come back to Kickfurther to help us fund that. (In that event we would most likely pay off this offer before its projected final Apr-'17 payout date.)

We'd like to thank the Kickfurther team once again, for being of considerable help as we've grown through and now start to grow out of our startup phase. Platforms like Kickfurther help us move much more quickly than we can if we had to rely exclusively on more traditional financing methods like angel investors and banks (both of which we have and will continue to make use of on our journey).


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