Distributed Media Lab

Growth Stage

Media Distribution for the Modern Web

Overview

Raised to Date: Raised: $15,200

Total Commitments ($USD)

Platform

Netcapital

Start Date

02/23/2023

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    Open SEC Filing

Price Per Share

$1.48

Pre-Money Valuation

$18,222,112

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/27/2023

Days Remaining

28

% of Min. Goal

152%

% of Max. Goal

2%

Likelihood of Max
unlikely
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

Location

Palo Alto, California

Business Type

High Growth

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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Distributed Media Lab on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $18,222,112

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