Called Higher Studios

Called Higher Studios

Growth Stage

Spreading the Gospel Through Film & Television

Spreading the Gospel Through Film & Television

Overview

Raised to Date: Raised: $625,826

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/17/2023

Close Date

09/14/2023

Min. Goal
$14,999
Max. Goal
$1,999,996
Min. Investment

$150

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.55

Pre-Money Valuation

$9,025,659

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/29/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$22,351

# of Investors

1,049

Momentum
Funded
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Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Franklin, Tennessee

Business Type

Growth

Called Higher Studios, with a valuation of $9.03 million, is raising funds on StartEngine. The faith-based movie studio makes movies that matter. Called Higher Studios creates movies that honor God’s values and Christian faith. The studio aims to create high-quality films and television content centered around Christ, with its first film, Camp Hideout, set to hit theatres nationwide on September 15, 2023. Jason Brown and Ash Greyson founded Called Higher Studios in June 2019. The current crowdfunding campaign has a minimum target of $14,999.10 and a maximum target of $1.99 million. The campaign proceeds will be used for marketing, working capital, and overhead expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,115,064

$48,904

COGS

$2,069,034

$48,150

Tax

$0

$0

 

 

Net Income

$-277,513

$-514,564

Summary Balance Sheet

FY 2022 FY 2021

Cash

$188,704

$453,205

Accounts Receivable

$0

$0

Total Assets

$622,313

$2,582,779

Short-Term Debt

$172

$20,393

Long-Term Debt

$0

$0

Total Liabilities

$172

$20,393

Financials as of: 08/17/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Called Higher Studios 04/28/2024 Wefunder - $6,050 Revenue Share Active RegCF
Called Higher Studios 09/14/2023 StartEngine $9,025,659 $625,826 Equity - Common Funded RegCF
Called Higher Studios 04/15/2023 Wefunder $18,014,776 $599,610 Equity - Common Funded RegCF
Called Higher Studios 06/30/2021 StartEngine $10,300,000 $869,263 Equity - Common Funded RegA+
Called Higher Studios 03/30/2020 StartEngine $1,730,000 $1,069,991 Equity - Common Funded RegCF
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Called Higher Studios on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $9,025,659
Price per Share: $2.55

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