Coppertino (2018)

Coppertino (2018)

Closed: Jun. 2018

About this raise

Coppertino is the HD video of the audio world. MP3 files are the regular video -- flat and no dimensions -- and Coppertino’s “lossless” files are the next level HD. Lossless files allow users to experience music the way it’s supposed to be experienced -- in its fullest, most robust, and most dynamic form. Since Spotify and iTunes can’t play these types of high-quality audio files, Coppertino has created the VOX Player, and listeners are jumping on the VOX train fast. Coppertino launched VOX Premium only three months ago, and they’ve already made $70,000 from the subscription service, with 2.360 Premium subscribers, and a 3.4% MoM growth. They also have a $27,000 average monthly revenue, 1.2 million downloads of VOX for Mac with 174,000 monthly Mac app users, and 600,000 downloads for iPhones with 60,000 monthly iOS app users. Coppertino is here to transform the audio scene...and they’re starting a VOX revolution, one lossless file at a time.

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Investment Overview

Not Funded: $60,170

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
03/22/2018
Close Date
06/30/2018
Min. Goal
$100,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,000,000

Discount

0%

Company & Team

Company

Year Founded
2009
Industry
Media, Entertainment & Publishing
Tech Sector
Distribution Model
B2C
Margin
Capital Intensity
Location
Wilmington, Delaware
Company Website
Visit Website

Team

Employees
13

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/19/2019 Wefunder $6,000,000 $66,553 SAFE Funded RegCF
06/30/2018 Wefunder $6,000,000 $60,170 SAFE Not 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.

Valuation History

Employee History

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Coppertino on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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