Gigmor

Early Stage
LiveNation for Independent Music
Overview
Raised: $0
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/26/2023
Days Remaining
216
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2010
Industry
Marketing & Advertising
Tech Sector
AdTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Gigmor, with a valuation of $11.99 million, is raising funds on Wefunder. The company has developed a monetization platform for music creators. Gigmor connects artists with venues and fans and helps them earn income and grow their careers. The booking and marketing platform empowers creators and assists in event promotion, booking, and ticketing. David Baird and Tracy Eumont founded Gigmor in February 2010. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, payroll, R&D, business development, and general and administrative expenses.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$27,476 |
$14,163 |
COGS |
$3,829 |
$13,061 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-628,460 |
$-558,224 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$1,294 |
$25,363 |
Accounts Receivable |
$624 |
$160 |
Total Assets |
$220,443 |
$218,764 |
Short-Term Debt |
$81,951 |
$52,109 |
Long-Term Debt |
$4,011,850 |
$3,541,945 |
Total Liabilities |
$4,093,801 |
$3,594,054 |
Financials as of: 08/10/2023
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