Energy Network Media Group
About this raise
Energy Network Media Group, with a valuation of $100 million, is raising funds on NetCapital. It is a rebrand of Shale Magazine and provides relevant news related to oil and gas. Energy Network Media Group covers top stories in oil and gas from various viewpoints and gives direct access to industry stakeholders. The business has high visibility on digital issues and its website and has grown from one radio station to national syndication. Kym Bolado founded Energy Network Media Group in December 2003. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for the creation of an editorial board, hiring a team of digital experts, marketing, merchandising, and events.
Investment Overview
Invested : $12,850
Deal Terms
Total Commitments
- Platform
- Netcapital
- Start Date
- 01/11/2024
- Close Date
- 04/26/2024
$10,000
$5,000,000
$100
Equity - Common
Growth Stage
RegCF
$10.00
$100,000,000
Company & Team
Company
- Year Founded
- 2003
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -8.1% YoY
-
$364,760
as of FY2022
- Monthly Burn
-
Profitable
as of FY2022
-
Cash on Hand
-
$24,020
as of FY2022
- Gross Margin
-
86%
as of FY2022
Upgrade to gain access
-
$12.50 /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
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/26/2024 | Netcapital | $100,000,000 | $12,850 | Equity - Common | Funded | RegCF |