Atlas News
Early Stage
Unbiased & Unfiltered News
Overview
Raised: $439,314
Total Commitments ($USD)
Platform
StartEngine
Start Date
10/03/2023
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
Price Per Share
$2.42
Pre-Money Valuation
$20,022,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,890
# of Investors
510
Momentum
Funded
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Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
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.
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 |
Financials as of: 10/03/2023
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