Called Higher Studios (2023)
About this raise
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.
Investment Overview
Invested : $625,826
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 08/18/2023
- Close Date
- 09/15/2023
$14,999
$1,999,996
$150
Equity - Common
Series A
RegCF
$2.55
$9,025,659
Company & Team
Company
- Year Founded
- 2019
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
- $2,115,064
- Monthly Burn
- $23,126
-
Runway
- 8.2 months
- Gross Margin
- 2%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,630,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/07/2024 | Wefunder | - | $34,970 | Revenue Share | Funded | RegCF |
| 09/15/2023 | StartEngine | $9,025,659 | $625,826 | Equity - Common | Funded | RegCF |
| 04/16/2023 | Wefunder | $18,014,776 | $599,610 | Equity - Common | Funded | RegCF |
| 07/01/2021 | StartEngine | $10,300,000 | $869,263 | Equity - Common | Funded | RegA+ |
| 03/31/2020 | StartEngine | $1,730,000 | $1,069,991 | Equity - Common | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.