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Pathbooks isn't accepting new investments

Pathbooks’ deadline was January 1, 2021

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Pathbooks

Live your own story
Childhood Education Social Impact Edtech B2C Subscription Latinx Founders Kids Apps
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$118,158
Raised
367
Investors
Successfully funded and closed on January 1, 2021.
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Closed on January 1, 2021. Information may not be up-to-date. Campaign closed on January 1, 2021. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Living a Book inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Pathbooks Crowd SAFE Pathbooks Form C.pdf
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Hear from some of the 367 investors in Pathbooks


Show more

Highlights


  • Interactive content is one of the next megatrends
  • 1M+ pathbooks downloads on 5 continents
  • Readers are 45% more engaged in books; average book read 2.4 times
  • 5M+ user potential; $89B+ market opportunity
  • On target to reach 40K subscribers and $2M in revenue in 12 months

Problem


Early learners are not becoming early readers

Millions of kids and teens think that traditional reading is boring because they need more visual and interactive experience. With the rise of online educational games and activities, readers are turning towards more interactive, digital platforms for content.  Yet reading is a critical part of the learning process, allowing children to learn about different cultures and communities, expand their creativity and imagination, and improve their language skills. 

Solution


Pathbooks App: The first interactive storytelling platform for kids

Pathbooks is reinventing the concept of reading. Our app engages young readers through a unique, immersive experience that combines technology with reading. We make the reader a part of the story, immersing them into the plot and inviting them to make decisions that impact the conclusion. This helps children develop key emotions, decision-making skills, and a love of reading at an early age.


Product


A story for everyone

We make reading accessible, interactive, and fun. Users can directly download our app and gain access to a library of hundreds of interactive books. Readers can browse titles and storylines and as they read, determine the course of the narrative. 

We source our books from authors all over the world and currently offer options in both English in Spanish. We also encourage aspiring writers to submit pieces to our app through regular writing competitions.


Traction


1M downloads in 5 continents

Pathbooks Apps has been downloaded over 1M times in 5 continents. We've achieved this growth through partnerships and word of mouth; to date, we have spent zero dollars on marketing.

The results also speak for themselves. We've seen children using Pathbooks show 45% more engagement in reading, and users are returning to their favorite stories to experiment with different decisions and endings. On average, each book in our library has been read at least 2.4 times.

Customers


Nurturing creativity and a love for reading

Pathbooks serves two customer groups: our readers and our writers. Our targeted readers are predominantly children 8 and up, but we have also seen some adults use Pathbooks to spark their love for reading.

We currently have exclusive author deals with writers in over 12 countries, all of whom are providing a diverse selection of titles, both in terms of genre and language. We also encourage people to submit their works to Pathbooks, as well as hold competitions both in Spanish and English to foster budding young writers and give them new opportunities. 

Business model


A new kind of library

Downloading the app is free and we offer unlimited access to our books for a flat subscription fee of $4.99 per month. There are three different plans - monthly, quarterly and annually. All of our authors make royalties off of our readers, and we offer direct in-app purchases as well. 

Market


Targeting 5M users in 3 major industries

We reach 3 major industries: e-books, mobile games and physical books. Together, these account for a $89B+ addressable market. Within this, we've identified 5M potential customers across three continents in the next 2 years. 

Competition


The only interactive app for visual storytelling

There are a lot of great story-telling apps on the market, but Pathbook is the only one where the stories aren’t created by the users themselves. Instead we want to present a fully-formed narrative that encourages reading. Unlike other platforms, we don't rely on our users to upload their own photos and story ideas; we provide all that and more on one simple app. 



As you've seen in:

Vision and strategy


More subscribers, more authors, more sales

With your investment, Pathbooks plans to attract branded authors, which will drive us towards our 12 month goal of 40K+ paid subscribers. We want to broader our reader base and provide more stories and opportunities for people of all ages to fall in love with reading.




Funding


Founders




Deal terms


Valuation cap

$5,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

15%

If a trigger event for Pathbooks occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Pathbooks is accepting.
Learn more

Funding goal

$1.07M

The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Pathbooks needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Living a Book inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Pathbooks Crowd SAFE Pathbooks Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Pathbooks.
Invest
$100
Receive
  • On your behalf, we will give 10 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • You will receive Free access to Pathbooks for 1-Year
Invest
$150
Receive
  • On your behalf, we will give 15 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization.
  • You will receive 2 Free memberships to Pathbooks for 1-Year (you can give them away)
Invest
$250
Receive
  • On your behalf, we will give 25 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • You will receive 3 Free memberships to Pathbooks for 1-Year (you can give them away)
Invest
$500
Receive
  • On your behalf, we will give 50 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • You will receive 5 Free memberships to Pathbooks for 1-Year (you can give them away)
Invest
$750
Receive
  • On your behalf, we will give 75 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • You will receive 7 Free memberships to Pathbooks for 1-Year (you can give them away)
Invest
$1,000
Receive
  • On your behalf, we will give 100 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • PATHBOOKS T-Shirt
  • PATHBOOKS Hat
  • You will receive 10 Free memberships to Pathbooks for 1-Year (you can give them away)
Invest
$2,200
Receive
  • On your behalf, we will give 100 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • Private conference call with our CEO
  • PATHBOOKS Hoodie
  • You will receive 20 Free memberships to Pathbooks for 1-Year (you can give them away)
Invest
$5,000
Receive
  • On your behalf, we will give 100 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • Private conference call with our CEO
  • PATHBOOKS Hoodie
  • PATHBOOKS T-Shirt
  • You will receive 50 Free memberships to Pathbooks for 1-Year (you can give them away)
Invest
$12,000
Receive
  • On your behalf, we will give 100 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • Private conference call with our CEO
  • PATHBOOKS Hoodie
  • PATHBOOKS T-Shirt
  • PATHBOOKS Hat
  • You will receive 100 Free memberships to Pathbooks for 1-Year (you can give them away)
Invest
$25,000
Receive
  • On your behalf, we will give 100 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • Private conference call with our CEO
  • Investor Plaque for your desktop
  • PATHBOOKS Hoodie
  • PATHBOOKS T-Shirt
  • PATHBOOKS Hat
  • You will receive 100 Free memberships to Pathbooks for 1-Year (you can give them away)
Invest
$50,000
Receive
  • On your behalf, we will give 100 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • An invitation to the closing dinner with PATHBOOKS Founders and investors in San Francisco
  • Investor Plaque for your desktop
  • PATHBOOKS Hoodie
  • PATHBOOKS Hat
  • PATHBOOKS T-Shirt
  • You will receive 100 Free memberships to Pathbooks for 1-Year (you can give them away)
Invest
$100,000
Receive
  • On your behalf, we will give 100 students that are remote learning unlimited access to Pathbooks for 1-Year through a non-profit organization
  • An invitation to the closing dinner with PATHBOOKS Founders and investors in San Francisco
  • Investor Plaque for your desktop
  • PATHBOOKS Hoodie
  • PATHBOOKS T-Shirt
  • PATHBOOKS Hat
  • You will receive 100 Free memberships to Pathbooks for 1-Year (you can give them away)

About Pathbooks

Legal Name
Living a Book inc
Founded
May 2018
Form
Delaware Corporation
Employees
7
Website
pathbooks.app
Social Media
Headquarters
Google Map location of of Pathbooks
2021 The Alameda , San Jose, CA
Headquarters
2021 The Alameda, San Jose, CA, United States 95126

Pathbooks Team
Everyone helping build Pathbooks, not limited to employees

Profile picture of Jorge Louis Caballero
Jorge Louis Caballero
CEO & Founder
Shark Tank Entrepreneur, Google Launchpad accelerator, TEDx Speaker, Short Film director, writer, programmer.
Profile picture of Luis Rodriguez
Luis Rodriguez
Head of Technology
iOS & Android Developer. Full Stack programmer. "Simplicity is the ultimate sophistication"
Profile picture of Victor  Laguna
Victor Laguna
Programmer & Operations
iOS & Android developer. Programmer. Data Base and backend expert. Google Launchpad Accelerator.
Profile picture of Mario de los Santos
Mario de los Santos
Content Manager
Published writer. Passionate reader, PR expert and communications bachelor
Profile picture of JC Dom
JC Dom
UI/UX Designer
Jedi Designer, Illustrator, user interface & user experience creator.
Profile picture of Jonathan Macias
Jonathan Macias
Programmer
Hacker, Technology lover, programmer.
Profile picture of Kassandra R.
Kassandra R.
Writer
Shark Tank Entrepreneur, Writer, reader, social media, Pop Star ;)
Profile picture of Dave Martinez
Dave Martinez
Technology & Innovation advisor
Profile picture of Andre Fauri
Andre Fauri
SILICON VALLEY & BRAZIL Partner
Profile picture of Sudhir Kadam
Sudhir Kadam
Innovation and Growth Strategist
Profile picture of Fernando Fonseca
Fernando Fonseca
Strategic Partner SILICON VALLEY
Profile picture of Bobby Amiri
Bobby Amiri
Silicon Valley Startup advisor
Profile picture of Jolynn Vallejo
Jolynn Vallejo
Strategic LATAM Advisor in San Francisco
Profile picture of Dana Farbo
Dana Farbo
Marketing & Investment advisor
Profile picture of Frances  Mann-Craik
Frances Mann-Craik
Marketing Strategist, fairy godmother
Profile picture of Jim Berkman
Jim Berkman
Marketing Advisor
Profile picture of Victor Rodríguez
Victor Rodríguez
Digital Marketing advisor
Profile picture of Angel Bañuelos
Angel Bañuelos
Strategic LATAM Partner BALERO
Profile picture of Angel Saad
Angel Saad
Venture Capital Advisor, Oak Investment
Profile picture of Chris Peralta
Chris Peralta
Google Launchpad mentor
Profile picture of Roberto Martínez
Roberto Martínez
Technology advisor
Profile picture of Tommaso Di Bartolo
Tommaso Di Bartolo
Google Launchpad Mentor
Profile picture of Roberto Lee
Roberto Lee
Marketing Mentor & partner.
Profile picture of Ray Milhem
Ray Milhem
Digital Transformation & Leadership
21 more team members
Dave Martinez
Technology & Innovation advisor
Jorge Louis Caballero
CEO & Founder
Andre Fauri
SILICON VALLEY & BRAZIL Partner
Luis Rodriguez
Head of Technology
Victor Laguna
Programmer & Operations
Sudhir Kadam
Innovation and Growth Strategist
Mario de los Santos
Content Manager
Fernando Fonseca
Strategic Partner SILICON VALLEY
JC Dom
UI/UX Designer
Bobby Amiri
Silicon Valley Startup advisor
Jonathan Macias
Programmer
Jolynn Vallejo
Strategic LATAM Advisor in San Francisco
Kassandra R.
Writer
Dana Farbo
Marketing & Investment advisor
Frances Mann-Craik
Marketing Strategist, fairy godmother
Jim Berkman
Marketing Advisor
Victor Rodríguez
Digital Marketing advisor
Angel Bañuelos
Strategic LATAM Partner BALERO
Angel Saad
Venture Capital Advisor, Oak Investment
Chris Peralta
Google Launchpad mentor
Roberto Martínez
Technology advisor
Tommaso Di Bartolo
Google Launchpad Mentor
Roberto Lee
Marketing Mentor & partner.
Ray Milhem
Digital Transformation & Leadership
Logo of Pathbooks

Pathbooks

Pathbooks successfully raised $118,158 from 367 investors on January 1, 2021
Profile picture of Raymond Brown
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Profile picture of Juan Pablo Huizi Clavier
Profile picture of JOSE OSVALDO GONZALEZ GUZMAN
Profile picture of Kerrie Dunham
Raymond, Ronald, Juan Pablo, JOSE OSVALDO, Kerrie, and 362 others invested. 94 Reviews
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