Altair
A mental wellness-focused live streaming service for all types of creators
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
07/19/2021
Close Date
03/18/2022
Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.25X
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/17/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Altair, a mental wellness-focused live streaming service, is raising funds on Wefunder. The platform aims to make content creation a more mentally healthy industry by focusing more on transparency, mindfulness, safety, consent, identity, and eventuality. All the features built aim to be mindful of the overall health of creators. Bryan Veloso founded Altair in July 2020. The current crowdfunding campaign has a minimum goal of $100,000 and a maximum goal of $2,500,000, and the proceeds will be used towards bringing members of the founding team on full-time, extending operations runway, and third-party CDN costs. Altair is led by an experienced team and focused on the safety and wellbeing of creators and their communities.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-22,185 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$28,703 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$28,703 |
$0 |
|
Short-Term Debt |
$124 |
$0 |
|
Long-Term Debt |
$50,764 |
$0 |
|
Total Liabilities |
$50,888 |
$0 |
Financials as of: 07/19/2021
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