American Stories Entertainment


About this raise: American Stories Entertainment, with a valuation of $78.3 million, is raising funds on PicMii. The company tells unique stories of real people and covers different lifestyles, including fishing, sports, hunting, and survival strategies. American Stories Entertainment creates and controls its own shows and films in small and medium-sized towns. The TV production company is building a series of distribution channels for its content and aims to create diversity for its content. Anthony McKnight and Robert Cefail founded American Stories Entertainment in December 2020. The current crowdfunding campaign has a minimum target of $2,499 and a maximum target of $2.25 million. The campaign proceeds will be used for show production, distribution establishment, marketing and advertising, and general operating capital.

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Investment Overview

Committed this round: $14,001

Deal Terms

Total Commitments ($USD)

Platform
PicMii
Start Date
12/06/2024
Close Date
04/01/2025
Min. Goal
$2,499
Max. Goal
$2,250,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$76,043,430

Company & Team

Company

Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
DUNEDIN, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Robert Cefail
Title
CEO & President
Founder Name
Tony McKnight
Title
Co-Founder
Founder Name
Toli Cefail
Title
Executive Producer & Strategist
Founder Name
Sherrie McKnight
Title
Co-Founder

Financials

as of December 31, 2023
 Revenue +32% YoY
$770,053
 Monthly Burn
Profitable
 Cash on Hand
$417

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$770,053

$243,539

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$363,358

$-226,697

Summary Balance Sheet

FY 2023 FY 2022

Cash

$417

$3,486

Accounts Receivable

$342

$342

Total Assets

$2,001,493

$1,355,973

Short-Term Debt

$38,200

$25,000

Long-Term Debt

$0

$0

Total Liabilities

$38,200

$25,000

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,397,668
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/01/2025 PicMii $76,043,430 $14,001 Equity - Common Active RegCF
11/28/2024 Silicon Prairie Online $124,252,300 $77,000 Equity - Common Funded RegA+
07/07/2023 PicMii $22,381,652 $248,256 Equity - Common Funded RegCF
08/26/2022 truCrowd $28,410,737 $135,408 Equity - Common Funded RegCF
01/19/2022 truCrowd $28,410,737 $783,229 Equity - Common 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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American Stories Entertainment on PicMii 2024
Platform: PicMii
Security Type: Equity - Common
Valuation: $76,043,430
Price per Share: $1.50

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