BIGVU

BIGVU

Closed: Apr. 2023

About this raise

BIGVU, with a valuation of $20 million, is raising funds on Wefunder. The company has developed an app to create high-quality videos to bring brand loyalty to social channels. The app is powered by AI and turns videos into business for video marketing, training programs, and internal communications. BIGVU has over 40,000 paying subscribers with high customer satisfaction and expects to reach break-even in October or November 2022. David Amselem founded BIGVU in January 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for research and development costs, product development, marketing, and customer acquisition.

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Investment Overview

Invested this round: $182,721

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
10/10/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$16,000,000

Valuation Cap

$20,000,000

Discount

20%

Company & Team

Company

Year Founded
2016
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
New York, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
Yes
Founder Name
David Amselem
Title
CEO

Financials

 Revenue +14% YoY
$2,481,530
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,294,223
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2023 Wefunder $20,000,000 $182,721 SAFE Funded RegCF
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Add to portfolio
BIGVU on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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Follow BIGVU on Wefunder 2022

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

BIGVU Deal Report

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