AllSides

AllSides

Open  for investment

About this raise: AllSides, with a valuation of $33 million, is raising funds on Wefunder. It is a media business that provides balanced news, diverse perspectives, balanced news, and real conversation. AllSides has its patented bias ratings system that reveals the political learnings of 1,400 news sources and writers and creates a new standard of trust. The business has 79 million monthly views and has been on Entrepreneur Magazine’s 2023 Most Fundable Company list. John Gable, Scott McDonald, and Joan Blades founded AllSides in April 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used to raise awareness of AllSides as a solution to media bias and polarization during election season and develop a scaleable dialogue solution.

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Investment Overview

Committed this round: $0

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
08/23/2024
Close Date
04/30/2025
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$29,700,000

Valuation Cap

$33,000,000

Discount

15%

Company & Team

Company

Year Founded
2016
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Denver, Colorado
Business Type
High Growth
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
Yes
Founder Name
John Gable
Title
CEO

Funding data not publicly available

Financials

as of July 1, 2024
 Revenue -16.8% YoY
$480,503
 Monthly Burn
$77,000
 Runway
0.9 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$480,503

$577,399

COGS

$991,613

$438,806

Tax

$0

$0

 

 

Net Income

$-1,117,590

$-419,057

Summary Balance Sheet

FY 2023 FY 2022

Cash

$35,992

$63,618

Accounts Receivable

$151,277

$186,720

Total Assets

$651,365

$805,368

Short-Term Debt

$445,620

$1,906,403

Long-Term Debt

$851,360

$0

Total Liabilities

$1,296,980

$1,906,403

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,536,311
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Wefunder $33,000,000 $0 SAFE Active RegCF
06/30/2024 Wefunder $33,000,000 $240,315 SAFE Funded RegCF
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Growth Charts

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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AllSides on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $33,000,000

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