Connection Publishing

Connection Publishing

Closed: Nov. 2020

About this raise

Connection Publishing, with a pre-money valuation of $2.4 million, is raising funds on Mr. Crowd. It is a magazine company that works with cities to replace their traditional newsletters with full-featured news magazines. The magazines carry the official news of the city, in addition to engaging stories from the local community. Connection Publishing was founded by Melissa Spelts and Ryan Spelts in 2016. The current round of crowdfunding of the company has a minimum goal of $10,000 and a maximum goal of $107,000. The proceeds will be used to expand to new cities and communities. Connection Publishing has been profitable in the past two fiscal years, with revenue growth of 57% in 2018. The company is creating connections in the communities, in addition to providing the news and important information.

Expand

Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Mr. Crowd
Start Date
05/16/2019
Close Date
11/29/2020
Min. Goal
$10,000
Max Goal
$107,000
Min. Investment

$100

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$2,400,000

Company & Team

Company

Year Founded
2016
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
North Odgen, Utah
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Founder Name
Ryan Spelts
Title
CEO
Founder Name
Melissa Spelts
Title
Owner/content creator

Funding data not publicly available

Financials

 Revenue +57% YoY
$305,370
 Monthly Burn
Profitable
 Cash on Hand
$770
 Gross Margin
88%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$305,370

$194,238

COGS

$36,318

$9,071

Tax

$726

$0

 

 

Net Income

$25,453

$34,704

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$770

$11,083

Accounts Receivable

$21,294

$13,298

Total Assets

$22,064

$24,381

Short-Term Debt

$34,922

$29,440

Long-Term Debt

$0

$0

Total Liabilities

$34,922

$29,440

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/29/2020 Mr. Crowd $2,400,000 $0 Equity - Common Not Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Connection Publishing on Mr. Crowd
Platform: Mr. Crowd
Security Type: Equity - Common
Valuation: $2,400,000
Price per Share: $1.00

Follow company

Follow Connection Publishing on Mr. Crowd

Buy Connection Publishing's Deal Report

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

Connection Publishing Deal Report

Get Kingscrowd's comprehensive report on Connection Publishing including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Connection Publishing is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Connection Publishing deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge