Connyct
About this raise
Connyct, with a valuation of $15 million, is raising funds on Wefunder. It is a social infrastructure platform transforming the market with WMG music deals. Connyct connects people to experiences seamlessly and has video and events at its core. The platform has millions of songs from artists people love, powered by BMG, WMG, and more, and blends the appeal of TikTok with the community focus of Reddit. David Polinsky and Matthew Berman founded Connyct in March 2023. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $3 million. The campaign proceeds will be used for technology, marketing, music, and corporate expenses.
Investment Overview
Not Funded: $76,248
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 03/20/2025
- Close Date
- 04/16/2025
$250,000
$3,000,000
$100
Equity - Common
Early Stage
RegCF
$10.00
$10,518,987
$15,027,124
Company & Team
Company
- Year Founded
- 2023
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$232,600
as of Jan '25
-
Runway
-
0 months
as of Jan '25
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,818,987
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/16/2025 | Wefunder | $15,027,124 | $76,248 | Equity - Common | Not Funded | RegCF |