Collabr

Collabr

[Closed for Investment] Collabr, with a valuation of $6 million, is raising funds on StartEngine. It is a social media company focused on empowering artists to collaborate, create, and showcase their work. Collabr functions as a centralized workspace for artists to collaborate seamlessly and interact with their fans. The app has over 35,000 installs with 350% user growth and 300% higher user engagement than industry averages. Joshua Strone founded Collabr in July 2017. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $600,000. The campaign proceeds will be used for research and development, marketing, administration, and working capital.

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Investment Overview

Raised this Round: Raised: $1,894

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
05/28/2024
Close Date
08/26/2024
Min. Goal
$15,000
Max. Goal
$600,000
Min. Investment

$360

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.00

Pre-Money Valuation

$6,000,000

Company & Team

Company

Year Founded
2017
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Newark, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Joshua Strone
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue
$0
 Monthly Burn
$2,500
 Runway
1.6 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$55,064

$25,043

Tax

$0

$0

 

 

Net Income

$-55,064

$-25,043

Summary Balance Sheet

FY 2023 FY 2022

Cash

$4,071

$5,302

Accounts Receivable

$0

$0

Total Assets

$4,071

$5,302

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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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
08/26/2024 StartEngine $6,000,000 $1,894 Equity - Preferred Not Funded RegCF
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Add to portfolio
Collabr on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $6,000,000
Price per Share: $6.00

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Follow Collabr on StartEngine 2024

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Warning: according to the close date for this deal, Collabr may no longer be accepting investments.

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