Avanti3
About this raise
Avanti3, with a valuation of $38.8 million, is raising funds on PicMii. It is a web3 platform designed for brands, creators, and celebrities that helps them monetize their work. Avanti3 offers multiple monetization streams, improved customer engagement, and high levels of security and transparency by leveraging blockchain technology. The platform works on a scalable and sustainable business model and generates revenue through subscription fees, transaction fees, royalty fees, merchandise sales, partnerships, and advertising. Samir ElKamouny, Evan Kirsch, and Blake Luvon founded Avanti3 in January 2024. The current crowdfunding campaign has a minimum target of $10,002 and a maximum target of $1.23 million. The campaign proceeds will be used for product development, marketing, sales, future wages, debts payable, and legal services.
Investment Overview
Invested : $243,982
Deal Terms
Total Commitments
- Platform
- PicMii
- Start Date
- 10/16/2024
- Close Date
- 04/30/2025
$10,002
$1,234,997
$1,000
Equity - Common
Early Stage
RegCF
$16.67
$38,764,997
Company & Team
Company
- Year Founded
- 2024
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$1,005
as of FY2023
-
Runway
-
24+ months
as of Jun '24
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $250,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2025 | PicMii | $38,764,997 | $243,982 | Equity - Common | Funded | RegCF |