Digitally Imported

Digitally Imported

Early Stage

Electronic music streaming service with a human touch

Electronic music streaming service with a human touch

Overview

Raised this Round: Raised: $396,112

Platform

Wefunder

Start Date

09/14/2017

Close Date

12/29/2017

Min. Goal
$250,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.05

Pre-Money Valuation

$12,000,000

Year Founded

2000

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Location

Denver, Colorado

Digitally Imported, with a valuation of $12 million, is raising funds on Wefunder. The company has launched an electronic music streaming service with a human touch. Digitally Imported has grown into a destination and lifestyle for music listeners and has something unique for every electronic music fan. The business reported a revenue of $4.5 million in 2016 with over 495,000 unique monthly listeners and has reported a 422% growth in Active Premium Subscribers since 2010. Ari Shohat founded Digitally Imported in August 2000. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1 million. The campaign proceeds will be used for user acquisition campaigns, brand marketing, and salaries.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$4,537,235

$4,024,454

COGS

$865,918

$577,254

Tax

$0

$0

 

 

Net Income

$55,777

$48,035

Summary Balance Sheet

FY 2016 FY 2015

Cash

$689,663

$470,003

Accounts Receivable

$329,281

$516,246

Total Assets

$1,176,935

$1,216,917

Short-Term Debt

$1,474,636

$1,453,220

Long-Term Debt

$389,757

$506,932

Total Liabilities

$1,864,393

$1,960,152

Financials as of: 09/14/2017
Create a free account today to gain access to Kingscrowd analytics.

Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Digitally Imported 12/29/2017 Wefunder $12,000,000 $396,112 Equity - Common Funded RegCF

No prior online funding rounds.

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

Funding data not publicly available

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.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Digitally Imported on Wefunder 2017
Platform: Wefunder
Security Type: Equity - Common
Valuation: $12,000,000
Price per Share: $1.05

Follow company

Follow Digitally Imported on Wefunder 2017

Buy Digitally Imported's Deal Report

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

Digitally Imported Deal Report

Get Kingscrowd's comprehensive report on Digitally Imported including:

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

Buy the Digitally Imported deal report for only $10!

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