Called Higher Studios

Called Higher Studios

Early Stage

Faith & Family-Based Entertainment

Overview

Raised to Date: Raised: $599,610

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/18/2021

Close Date

04/15/2023

Min. Goal
$50,002
Max. Goal
$4,999,996
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.10

Early Bird Valuation

$9,007,388

Pre-Money Valuation

$18,014,776

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2023

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

$1,102

# of Investors

1,404

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

Life Style

Called Higher Studios, with a valuation of $18 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. The studio has already sold its first film, Camp Hideout. Jason Brown and Ash Greyson founded Called Higher Studios in June 2019. The current crowdfunding campaign has a minimum target of $50,002 and a maximum target of $4,999,996. The campaign proceeds will be used for marketing, future projects, project development, line extensions, company payroll, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,942

$0

COGS

$7,302

$0

Tax

$0

$0

 

 

Net Income

$-601,815

$-52,740

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$225,522

$38,156

Accounts Receivable

$30,300

$0

Total Assets

$499,564

$114,650

Short-Term Debt

$11,633

$2,502

Long-Term Debt

$0

$0

Total Liabilities

$11,633

$2,502

Financials as of: 10/18/2021
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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 - $0 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 Wefunder 2021
Platform: Wefunder
Security Type: Equity - Common
Valuation: $18,014,776
Price per Share: $6.10

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