BitMovio
About this raise
BitMovio, with a post-money valuation of $6.96 million, is raising funds on NetCapital. The BitMovio platform offers gamified video entertainment to next-generation users. The platform changes the way how content creators are paid, how content creators and users interact, and how attention is rewarded. The company follows a freemium business model. BitMovio was founded by Simon Zhu, Jerry Kowal, and Riz Virk in 2018 and has raised $1.2 million since its inception. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $500,001, and the proceeds will be used for research & development, marketing, user acquisition, content funding & partnership, and admin and operational expenses. BitMovio already has over 300 content creators and more than 14,000 registered users, with over 6,500 hours of content on the platform.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Location
- Palo Alto, California
- Company Website
-
Visit Website
Team
- Employees
- 4
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
03/02/2020 | Netcapital | $6,461,975 | $0 | Equity - Common | Not Funded | RegCF |