Aro Lucha Animation & Entertainment
The World's First Fan Owned Lucha Libre Sports & Entertainment Company.
Overview
Raised: $435,601
Total Commitments ($USD)
Platform
Wefunder
Start Date
12/23/2021
Close Date
04/23/2023
Min. Goal
$50,000
Max. Goal
$535,000
Min. Investment
$100
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Early Bird Valuation
$2,364,448
Pre-Money Valuation
$3,152,330
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$896
# of Investors
911
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2017
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Aro Lucha Animation & Entertainment, with a valuation of $3.15 million, is raising funds on Wefunder. The animation and entertainment studio is passionate about ethical, kids, and family entertainment and is focused on the Hispanic and Latino communities. The animation partner of Aro Lucha Animation & Entertainment, Pencilish Animation Studios, is made of a strong team with former Disney, Sony, and Warner Brothers animators. Ron Harris founded Aro Lucha Animation & Entertainment in October 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $535,000. The campaign proceeds will be used for marketing and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-30,458 |
$-51,504 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$396 |
$203 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$23,948 |
$26,472 |
|
Short-Term Debt |
$311,929 |
$283,997 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$311,929 |
$283,997 |
Financials as of: 12/23/2021
Create a free account today to gain access to KingsCrowd analytics.
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.