Overview
Raised: $0
Total Commitments ($USD)
Platform
Mr. Crowd
Start Date
05/16/2019
Close Date
05/01/2020
Min. Goal
$50,000
Max. Goal
$600,000
Min. Investment
$100
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$2,400,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/30/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2016
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Location
North Odgen, Utah
Connection Publishing, a community magazine company with a pre-money valuation of $2.4 million, is raising funds on Mr Crowd. The company partners with cities to replace conventional newsletters with its full-featured news magazines that carry official city news, and other interesting stories. The community news magazines of Connection Publishing also contain restaurant highlights, recipes, local history, local hiking trails, and other local information. Connection Publishing was founded by Melissa Spelts and Ryan Spelts in July 2016. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $600,000, will be used to open new magazines and serve more communities. Connection Publishing has been profitable in the past two fiscal years and reported revenues of over $300,000 in 2018, up 57% compared to the prior year.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Connection Publishing | 11/29/2020 | Mr. Crowd | $2,400,000 | $0 | Equity - Common | Not Funded | RegCF |
| Connection Publishing | 05/01/2020 | Mr. Crowd | $2,400,000 | $0 | Equity - Common | Not Funded | RegCF |
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