Globalist
Early Stage
A MEMBERS-ONLY COMMUNITY FOR THE WORLD'S BEST TRAVELERS
Overview
Raised: $51,400
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/17/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Convertible Note
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$6,000,000
Valuation Cap
$8,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$126
# of Investors
12
Momentum
Funded
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Year Founded
2018
Industry
Travel and Hospitality
Tech Sector
MediaTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Globalist, with a valuation of $8 million, is raising funds on Wefunder. It is a members-only travel community that is highly curated and highly coveted. It is the world’s largest database of travel itineraries with highly sophisticated audience targeting and industry-leading marketing and digital infrastructure. Globalist has partnered with Coca-Cola, Tiffany’s, and Procter & Gamble and has generated $10 million in revenue. Ari S. Goldberg and Brandon Feldman founded Globalist in January 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for ad spend and influencer marketing, and further development of the app.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-132,643 |
$-57,387 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$103,454 |
$240,288 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$179,854 |
$292,100 |
|
Short-Term Debt |
$390,662 |
$0 |
|
Long-Term Debt |
$27,397 |
$397,662 |
|
Total Liabilities |
$418,059 |
$397,662 |
Financials as of: 03/17/2022
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