About this raise

Called Higher Studios is raising funds on Wefunder. The faith-based movie studio makes movies that matter. Called Higher Studios creates movies that honor God’s values and Christian faith. The current raise is for The Anne Beiler Movie, which will celebrate Christian women and the struggles they go through. Jason Brown and Ash Greyson founded Called Higher Studios in June 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for the development of the film, hiring screenwriters, attaching actors for the film, and project development costs.

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Investment Overview

Invested this round: $34,970

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
01/25/2024
Close Date
04/07/2024
Min. Goal
$10,000
Max Goal
$250,000
Min. Investment

$100

Security Type

Revenue Share

Series

Series C

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.20X

Company & Team

Company

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
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Jason Brown
Title
CEO
Founder Name
Ash Greyson
Title
Co-Founder

Financials

as of Fiscal Year 2022
 Revenue +4,225% YoY
$2,115,064
 Monthly Burn
$23,126
 Runway
8.2 months
Gross Margin
2%

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

$3,300

Total Assets

$622,313

$2,582,779

Short-Term Debt

$37,046

$2,107,179

Long-Term Debt

$0

$0

Total Liabilities

$37,046

$2,107,179

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
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
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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.

Employee History

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Called Higher Studios on Wefunder 2024
Platform: Wefunder
Security Type: Revenue Share

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