Ad Fontes Media

Ad Fontes Media

Early Stage

We rate news for reliability and bias to help people navigate the news landscape

We rate news for reliability and bias to help people navigate the news landscape

Overview

Raised this Round: Raised: $226,032

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/14/2022

Close Date

10/06/2022

Min. Goal
$50,001
Max. Goal
$400,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.73

Pre-Money Valuation

$8,249,573

Year Founded

2018

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Westminister, Colorado

Business Type

Growth

Ad Fontes Media, with a valuation of $8.25 million, is raising funds on Wefunder. The company reduces polarising junk news and rates news articles for reliability and bias. The human analysts look at the news content and score it based on their methodology. The Media Bias Chart of Ad Fontes Media functions as the reference product for consumers and educators. The company has rated over 2,000 news sources based on more than 32,000 manually rated articles and episodes. Vanessa Otero founded Ad Fontes Media in 2018. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $400,000. The campaign proceeds will be used for hiring analyst staff, business development, customer support, and software and database development.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$137,858

$121,936

COGS

$315,076

$2,832

Tax

$0

$0

 

 

Net Income

$-964,998

$-255,377

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$21,062

$21,157

Accounts Receivable

$10,608

$725

Total Assets

$54,130

$38,529

Short-Term Debt

$344,354

$26,867

Long-Term Debt

$770,551

$153,090

Total Liabilities

$1,114,905

$179,957

Financials as of: 09/14/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Ad Fontes Media 10/05/2022 Wefunder $8,249,573 $226,032 Equity - Preferred Funded RegCF
Ad Fontes Media 01/26/2021 Wefunder $5,000,000 $343,285 SAFE Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Ad Fontes Media on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $8,249,573
Price per Share: $0.73

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