Distributed Media Lab
Growth Stage
Media Distribution for the Modern Web
Overview
Raised: $32,098
Total Commitments ($USD)
Platform
Netcapital
Start Date
02/22/2023
Close Date
04/24/2023
Min. Goal
$10,000
Max. Goal
$690,661
Min. Investment
$99
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.48
Pre-Money Valuation
$18,222,112
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$535
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2017
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Distributed Media Lab, with a valuation of $18.2 million, is raising funds on NetCapital. The company builds web technologies to empower local news publishers, journalism organizations, and national brand marketers. The Distributed Media Lab platform can be used by businesses to grow their audience through content discovery, monetization, and distribution. Distributed Media Lab has launched The Branded Content Project, its subscription platform, and branded content programmatic distribution. Dave Gehring and Sam Parnell founded Distributed Media Lab in November 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $690,661. The campaign proceeds will be used for salaries, marketing, and technology.
Summary Profit and Loss Statement
| FY 2021 | FY 2020 | |
|---|---|---|
|
Revenue |
$1,542,904 |
$1,414,251 |
|
COGS |
$117,874 |
$13,880 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-583,279 |
$432,971 |
Summary Balance Sheet
| FY 2021 | FY 2020 | |
|---|---|---|
|
Cash |
$1,068,108 |
$583,522 |
|
Accounts Receivable |
$14,156 |
$40,345 |
|
Total Assets |
$1,289,374 |
$731,302 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$1,293,749 |
|
Total Liabilities |
$0 |
$1,293,749 |
Financials as of: 02/22/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.