Distributed Media Lab

Growth Stage
Media Distribution for the Modern Web
Overview
Raised: $15,200
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
28
% of Min. Goal
152%
% of Max. Goal
2%
Likelihood of Max
Avg. Daily Raise
$475
Momentum
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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
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$1,542,904 |
$1,414,251 |
COGS |
$117,874 |
$13,880 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-583,279 |
$432,971 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
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: 02/23/2023
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