Everipedia

Everipedia

Early Stage

The crowd-sourced online encyclopedia for absolutely everything

The crowd-sourced online encyclopedia for absolutely everything

Overview

Raised this Round: Raised: $129,878

Platform

Wefunder

Start Date

07/28/2016

Close Date

12/31/2016

Min. Goal
$50,000
Max. Goal
$200,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$22,000,000

Discount

0%

Year Founded

2015

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Location

Los Angeles, California

Everipedia, with a valuation of $22 million, is raising funds on Wefunder. The company has developed a crowd-sourced online encyclopedia for almost everything. Everipedia has 3.5 million pages and aims to become a site more important than Wikipedia, Reddit, and Google. The platform has 1.8 million monthly unique visitors and generates banner ad revenue of about $150-300 per day. Mahbod Moghadam, Travis Moore, Sam Kazemian, and Theodor Forselius founded Everipedia in August 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $200,000. The campaign proceeds will be used for hiring, salaries, rent, and office expenses.

Summary Profit and Loss Statement

FY 2015 FY 2014

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-138,231

$0

Summary Balance Sheet

FY 2015 FY 2014

Cash

$17,769

$0

Accounts Receivable

$0

$0

Total Assets

$17,769

$0

Short-Term Debt

$0

$0

Long-Term Debt

$155,000

$0

Total Liabilities

$155,000

$0

Financials as of: 07/28/2016
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Everipedia on Wefunder 2016
Platform: Wefunder
Security Type: SAFE
Valuation: $22,000,000

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