Discovered
About this raise
Discovered, with a valuation of $25 million, is raising funds on StartEngine. It is a gamified streaming and content distribution platform that empowers creators. Discovered hosts a library of inclusive and diverse content pieces and offers content distribution, earnings, and streaming in one place. The platform has distribution partnerships with leading companies in media, advertising, and technology and handles its own advertising deals with brands and agencies worldwide. Charles Vaughn Pankey and Kenneth Yould founded Discovered in April 2019. The current crowdfunding campaign has a minimum target of $124,000 and a maximum target of $1.23 million. The campaign proceeds will be used for operations, company employment, technology expansion, and working capital.
Investment Overview
Not Funded: $1,035
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 02/13/2025
- Close Date
- 04/17/2025
$124,000
$1,234,995
$500
Equity - Common
Early Stage
RegCF
$5.00
$25,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$437
as of FY2024
- Monthly Burn
-
$20,000
as of Jan '25
-
Runway
-
0.1 months
as of Jan '25
- Gross Margin
-
1,957%
as of FY2024
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/17/2025 | StartEngine | $25,000,000 | $1,035 | Equity - Common | Not Funded | RegCF |