Fanbase
About this raise: Fanbase, with a valuation of $160.03 million, is raising funds on StartEngine through Reg A+ crowdfunding. It is a subscription-based social media network that allows users to monetize their content and earn. Fanbase users can either grow organically for free or pay for a subscription to exclusive content. The network is building a new ecosystem and combining social networks and monetization platforms. Fanbase has over 570,000 users, with a 27% CMGR, and has launched over 20 new features, including Chat Rooms in Fanbase Audio, Fanbase Audio on the Web, and AI Algorithms. Isaac Hayes III founded Fanbase in 2018. The current crowdfunding campaign has a maximum target of $17.6 million. The campaign proceeds will be used for research and development, sales and marketing, and general and administrative expenses.
Investment Overview
Committed : $7,672,944
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 02/26/2024
- Close Date
- Not Provided
$399
$17,595,000
$399
Equity - Common
Series A
RegA+
$6.65
$160,030,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -16.6% YoY
- $134,989
- Monthly Burn
- $134,202
-
Runway
- 8.4 months
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 |
|---|---|---|---|---|---|---|
| 02/26/2025 | StartEngine | $160,030,000 | $7,672,944 | Equity - Common | Active | RegA+ |
| 11/06/2023 | StartEngine | $84,926,904 | $4,563,175 | Equity - Common | Funded | RegCF |
| 04/29/2022 | StartEngine | $50,000,000 | $2,599,944 | Equity - Common | Funded | RegCF |
| 06/27/2021 | StartEngine | $20,000,000 | $3,495,066 | Equity - Common | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.