Atlas News

Atlas News

Closed: Mar. 2024

About this raise

Atlas News, with a valuation of $22.02 million, is raising funds on StartEngine. It is a news and media company that creates original, unfiltered, and unbiased content. Atlas News and its journalists use open-source tools and technology to produce needle-moving media that is intelligence-driven and interactive. The company is transforming the way news is presented and consumed with the help of its journalists with intelligence backgrounds and groundbreaking technology. Stephen Nix founded Atlas News in September 2021. The current crowdfunding campaign has a minimum target of $14,999.16 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing and advertising, company employment, content production, and working capital.

Expand

Investment Overview

Invested this round: $439,314

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
10/04/2023
Close Date
03/04/2024
Min. Goal
$14,999
Max Goal
$1,234,999
Min. Investment

$300

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.42

Pre-Money Valuation

$20,022,000

Company & Team

Company

Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Dallas, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Stephen Nix
Title
CEO
Founder Name
Stanford Nix
Title
COO
Founder Name
William Fegan
Title
CRO

Financials

as of Fiscal Year 2022
 Revenue
$112,515
 Monthly Burn
$2,061
 Runway
1.2 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$112,515

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-24,730

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$2,397

$0

Accounts Receivable

$0

$0

Total Assets

$2,397

$0

Short-Term Debt

$2,221

$0

Long-Term Debt

$0

$0

Total Liabilities

$2,221

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/04/2024 StartEngine $20,022,000 $439,314 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Atlas News on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $20,022,000
Price per Share: $2.42

Follow company

Follow Atlas News on StartEngine 2023

Buy Atlas News's Deal Report

Warning: according to the close date for this deal, Atlas News may no longer be accepting investments.

Atlas News Deal Report

Get Kingscrowd's comprehensive report on Atlas News including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Atlas News is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Atlas News deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge