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Story2 isn't accepting new investments

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Story2

Closing the communications skills gap with storytelling
SaaS Women Founders Edtech
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Story2 has withdrawn its campaign
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Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
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Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Story2, LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Story2 Crowd SAFE Story2 Form C-A 3:7:2020.PDF Story2 Form C.pdf
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Hear from some of the 0 investors in Story2


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Highlights


$1M+ raised
Company has previously raised over $1M in capital
$500K+ revenue
Company had over $500K in revenue in the past 12 months
Leading VC-backed
Company is backed by a leading VC firm
  • Patented online writing platform with live online courses and coaching
  • Early customers/partners include Kaplan, Princeton, NYC DOE, & Yungu School
  • Extremely efficient SaaS + service business with 83% gross margin
  • Three curricula —admissions, career launch, and on-the-job skills— sold B2B
  • Raised over $2M and served 200K+ users to date
  • Finalist in pitch contest sponsored by Chamillionare, e40, and Daymond John
  • $626B global market

Problem


The way we're taught writing in school is disconnected from the skills necessary for workplace success

78% of high school students and nearly half of all college students lack the essential communication skills required to succeed in the 21st century. As a result, most millennials find themselves unemployed, underemployed, unhappily employed, and disconnected from their passions and purpose. 

Solution


Storytelling: a scalable, science-based solution

“At Roanoke we help students focus on their purpose, and to connect the dots around their college experiences to build careers that match their personal and professional purpose. Story2 helped us teach our students how to build those stories and share them in interviews.” 

- Melanie Tolan, Executive Director of Marketing, Roanoke College 

With skill-building software and live, online group coaching, we’re teaching unemployed, under-employed, and unhappily employed millennials to connect their skills, experience, and temperament with high-impact work. 

When we tell stories, three things happen in our brain: memories, emotions, and our  desire to act ignite at once. The same things happen when we read or listen to stories. Neuroscientists believe that storytelling evolved over thousands of years to help humans navigate between situations and ideas we know and things that are new to us. Whatever your age or stage in life, Story2 teaches you how to tap into the science of storytelling — the human brain’s most powerful communication system. 

Product


24/7 on-demand communications skill-building

Our patented, award-winning StoryBuilder platform, courses, and bootcamps help you create fresh cover letters, prepare for real interviews, and succeed in the 21st century workplace. For people who need more focused support, our specially trained coaches are available 24/7 to provide quick, reliable feedback. 

Traction


Building education products at scale

Since 2014, when we launched in Techstars, Story2 has helped more than 200,000 people navigate high stakes communication -- like job interviews, college admission essays, pitching big ideas, even dating app profiles. In the college admissions space our B2B customers include NYC Public Schools, DCPS, KIPP, the Student Leadership Network, UBS, and the Heckscher Foundation for Children. In 2019 our B2B average order was $25,000 and our average DTC sale was $213. 


Now we are tackling the workforce communication skills market with HirePower®. In the first 30 days of launching the HirePower® vertical, we’ve built a pipeline of over $5M in colleges and businesses eager to train and upskill young workers. We’re already working with 8 customers, including Princeton University, Roanoke College, and NC State University. We are seeing increased demand each day; our HigherEd target customer spans Career Services, Alumni Services, Veterans’ Services, equity and inclusion.

Customers


Our users build communication skills to thrive at work and in life 

“I brought Story2 in to invigorate my sales team and improve the team’s communication through storytelling. Story2 was absolutely transformational. My team began to think about their business differently and sent emails that were more passionate. The next year was a record, and I would attribute an enormous amount of that change to the techniques that Story2 taught my team.” 

- Lori Burgess, Publisher, Prevention Magazine 

Story2 has served over 200,000 users from over 21 countries with transformative impact: 

Our institutional customers include leading businesses, universities, and organizations: 

Business model


Building a community of storytellers with a B2B and B2B2C SaaS model

In our college admissions business, we were able to scale to 200,000 users through our combined freemium B2B, and B2B2C SaaS model that has a 83% gross margin. We are using this customer acquisition strategy as a roadmap to launch our HirePower® workforce communications vertical.

Market


$626B+ revenue opportunity

Global demand for writing and speaking skills is substantial and growing more than 12% per year. Across the U.S., China, and India, we estimate a total addressable market of $626 billion and a total serviceable market of $279 billion. We capture that market by selling B2B to universities and businesses, and B2B2C through strategic partners. 

Competition


Story2 is the only company providing science-based online storytelling services with proven results

Our competitors tend to be either free online resources, high-cost personal coaches, or ghostwriting, where someone else does the work. Only Story2 combines a scalable writing process with measurable, personalized learning outcomes. 

Vision and strategy


A global community of storytellers

The Chinese name for Story2 is KanKanTu, combining the Confucian Kan Kan, a person who is easy and joyful communicating with all types of people, and Tu, the fast rabbit of technology innovation. Our vision is to empower people from all walks of life to thrive personally and professionally through storytelling and technology. 

Through our digital communications skill-building platform, people learn to succeed in 21st century work and connect to meaningful economic opportunities. 

Funding


$2M+ in funding raised to date 

$2M+ in funding raised to date from Techstars, Kaplan Ventures, Chamillionaire, Yale Bulldog Ventures, and more.

We’re raising up to $1M here to accelerate business growth and scale globally. For a limited time, you can invest in Story2 for as little as $100, learn these communication superpowers for yourself, and help us change how the world communicates! 

We are proud to be supported by Kaplan Ventures, Techstars, Edovate Capital, TWJ Capital, Yale Bulldog Ventures and angels including Chamillionaire, Jeremy Johnson, Donald Meltzer, and Walt Winshall. 


Founders


Deal terms


Valuation cap

$10,000,000

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

Discount

10%

If a trigger event for Story2 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 Story2 is accepting.
Learn more

Funding goal

$1.07M

Story2 must achieve its minimum goal of $50K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Story2 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 Story2, LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Story2 Crowd SAFE Story2 Form C-A 3:7:2020.PDF Story2 Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Story2.
Invest
$100
Receive
  • 20% off a college or career bootcamp package of your choice
  • Limited (100 left of 100)
Invest
$200
Receive
  • 20% off a college or career bootcamp package of your choice
Invest
$500
Receive
  • The above, plus:
  • 5 rounds of written feedback on your choice of writing (college essay, resume, or cover letter)
Invest
$1,000
Receive
  • The above, plus:
  • 1 hour of private coaching from an expert Story2 college or career coach
Invest
$5,000
Receive
  • The above, plus:
  • 3 additional hours of private coaching, including 1 hour with Story2 founder + CEO Carol Barash, PhD
Invest
$10,000
Receive
  • The above, plus:
  • 1 half-day in-person workshop for the New York area company or school of your choice

About Story2

Legal Name
Story2, LLC
Founded
Jul 2014
Form
Delaware LLC
Employees
11
Website
story2.com
Social Media
Headquarters
Google Map location of of Story2
1441 Broadway , New York, NY
Headquarters
1441 Broadway, New York, NY, United States 10018

Story2 Team
Everyone helping build Story2, not limited to employees

Profile picture of Carol Barash
Carol Barash
Founder + CEO
Serial entrepreneur | Author, Write Out Loud | EdTech: Princeton, Rutgers, CUNY | Online marketing, WPP | PhD, Princeton; BA, Yale
Profile picture of Mark Freidberg
Mark Freidberg
Chief Financial Officer
Global Ops Director / Senior VP, Embassy English | GM / VP, Kaplan | MBA, Fordham; BS, Columbia
Profile picture of Chad Marciniak
Chad Marciniak
VP of Engineering
Senior Full Stack Engineer, Talkspace | Full Stack Engineer, NASCAR Team, Toyota | BA, Rutgers; BA, Art Institute of California
Profile picture of Kim Cuomo
Kim Cuomo
VP of Growth
Former Story2 coach + essay adviser | Teaching artist, actor, and writer | BFA, NYU
Profile picture of Dave Adelstein, PhD
Dave Adelstein, PhD
Director of Learning
Manager of Curriculum Development, Tiffany & Co. | Education Technology Architect, VIPKID | Technology Instructor + Teacher, Huron Valley Schools | PhD, Wayne State University; BA, University of Michigan
Profile picture of Michelle Onufrak
Michelle Onufrak
Director of Operations
Project manager & event producer, PIER55 Inc. | Actor, voiceover artist, improviser, standup, and storyteller | BFA, NYU
Profile picture of Will  Geiger
Will Geiger
Growth Manager
Director of Education Strategy, KnackApp | Associate Director, Hopkins School | Admissions Officer, Kenyon College | MSEd, University of Pennsylvania; BA, Wake Forest University
4 more team members
Carol Barash
Founder + CEO
Mark Freidberg
Chief Financial Officer
Chad Marciniak
VP of Engineering
Kim Cuomo
VP of Growth
Dave Adelstein, PhD
Director of Learning
Michelle Onufrak
Director of Operations
Will Geiger
Growth Manager

Press

3 Story Structures Every CEO Needs to Master
Entrepreneur Entrepreneur
·
Aug 11, 2016

4 min read Opinions expressed by Entrepreneur contributors are their own. CEOs tell stories all the time. Great CEOs are ...

4 Steps to Creating Authentic Stories Your Customers Will...
Content Marketing Institute Content Marketing Institute
·
Mar 8, 2015

By Carol Barash published March 8, 2015 Authentic stories help powerful brands make deep connections with customers. But ...

One way to write a great college admissions essay? Tell y...
Washington Post Washington Post

Carol Barash even talks like she's writing a college application essay: The day before her father died, she said, he told...

FAQ

How do I earn a return?

How do I earn a return?

We are using Republic's Crowd SAFE security. Learn how this translates into a return on investment here.

Still have questions? Check the discussion section.

Discussion

Ask questions and share feedback with the Story2 team below. If you have support related questions for Republic, please contact investors@republic.co.
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