The Ledger
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Tuchman: Caribu increased round to $1M with 80% committed
“We actually have increased our round to a million dollars, and we are 80% committed because people literally have been throwing cash at us.”
Tuchman: Caribu signed Sesame Street and Mattel among 20+ publishers
“We've got over 20 publishers right now, and we do it pretty well. I mean, they don't bother us that much that we, you know, send them their checks, and they're pretty happy. But we, I mean, we brought on at least five publishers since we pitched on your show, …”
Tuchman: Caribu is seeking $500,000 in funding
“We are seeking 500,000 dollars to change the world.”
Tuchman: Caribu has double-digit MoM growth and an 85% renewal rate
“We have had double digit month over month growth since August. We have an 85% renewal rate of our subscribers.”
Tuchman: Toyota gave Caribu a $50,000 grant and national ad spots
“Toyota gave us a 50,000 dollar grant and gave us a 2018 Toyota Camry commercial, and a New York Times banner ad that they ran throughout all of December.”
Tuchman: Caribu partners with over 20 publishers on a 50/50 split
“We have relationships with over 20 publishers. Mattel, Usborn, Education.com, Santijana, the world's largest Spanish language publisher. So what we have with them, so back to this kind of revenue question, is we have a fifty-fifty revenue split with our publis…”