About this raise: Doodeo, with a valuation cap of $6.5 million, is raising crowdfunding on Wefunder. The platform is LinkedIn for entertainers and allows users to connect, collaborate, and find opportunities. It uses artificial intelligence to connect clients looking for entertainers with the entertainers looking for work. Doodeo deals with a number of classified websites and plans to target more websites. Rony Hage founded Doodeo in 2018 and has raised over $290,000 since its founding. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used for product development, marketing, and general and administrative expenses. Doodeo works for 443 categories of entertainers and uses a powerful approach to make the entertainers more creative and more productive.
Investment Overview
Invested : $263,306
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 11/30/2020
- Close Date
- 05/06/2021
$50,000
$1,070,000
$150
SAFE
Pre-Seed
RegCF
$5,850,000
$6,500,000
20%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
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Founder Profile
Doodeo Founder Rony Hage Is Bringing Tech to Entertainment
The entertainment industry has long been one based on connections, which can make it hard for new or undiscovered entertainers to find work. The pandemic has further exacerbated this issue. A lack of live performance opportunities -- often the main source of income for entertainers -- has forced people to find other ways to put their talents to work.Doodeo wants to eliminate this problem. It is creating an all-encompassing platform for entertainers, bringing together live-streaming capabilities, social media, ad creation, and gig discovery in one place. To find out more about this ambitious idea, we spoke to founder and CEO Rony Hage. He told us about how years of experience in the entertainment industry revealed the need for a platform like Doodeo.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.