Ad Fontes Media

Early Stage

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

Analytics

Raised to Date: Raised: $343,285

Aggregate Commitments $

Platform

Wefunder

Start Date

09/01/2020

Close Date

01/27/2021

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$5,000,000

Discount Rate

15%

Rolling Commitments $

Status
Funded
Reporting Date

01/31/2021

Days Remaining
Funded
% of Min. Goal

687%

% of Max. Goal

137%

Likelihood of Max
Funded
Avg. Daily Raise

$2,319

Momentum
Funded
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Location

Westminister, Colorado

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Ad Fontes Media, with a $5 million valuation cap, is raising crowdfunding 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. Vanessa Otero founded Ad Fontes Media in 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000, and the funds will be used for hiring analyst staff, business development and customer support, and software and database development. Ad Fontes Media is one of the most trusted and recognized news rating organizations and is growing 370% year-over-year.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$19,984

$42,759

COGS

$2,920

$4,512

Tax

$5,058

$0

 

 

Net Income

$-40,162

$19,886

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$529

$19,242

Accounts Receivable

$1,651

$0

Total Assets

$8,207

$26,066

Short-Term Debt

$13,374

$13,374

Long-Term Debt

$0

$0

Total Liabilities

$13,374

$13,374

Financials as of: 09/01/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Ad Fontes Media 04/30/2023 Wefunder $8,249,573 $133,293 Equity - Preferred Active RegCF
Ad Fontes Media 01/27/2021 Wefunder $5,000,000 $343,285 SAFE Funded RegCF
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Ad Fontes Media on Wefunder
$
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000
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