This company is no longer in business. Investors can get details about any potential exits or failures here.

Hearo

Early Stage

Talk+Watch Together

Overview

Raised to Date: Raised: $224,365

Growth Charts New!

Total Commitments ($USD)

Platform

Republic

Start Date

06/06/2022

Close Date

10/23/2022

Min. Goal

$25,000

Max. Goal

$535,000

Min. Investment

$200

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF

Valuation Cap

$25,000,000

Discount

Rolling Commitments ($USD)

Status

Funded

Reporting Date

10/30/2022

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$1,614

# of Investors

318

Momentum

Funded

Create a free account today to gain access to KingsCrowd analytics.

Logos provided by Clearbit

Year Founded

2015

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

Low

Location

San Fracisco, California

Business Type

High Growth

Company Website

Hearo, with a valuation of $25 million, is raising funds on Republic. It is a new platform to watch and enjoy media together. The platform allows users to watch YouTube videos and e-sports together and talk about it. Hearo is making watching media as multiplayer as gaming, with over one million people already using it as their virtual living room. Ned Lerner and Dwight Kwok founded Hearo in January 2015. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $535,000. The campaign proceeds will be used to launch Hearo Hubs and Super Hearo, begin monetization, and continue growth.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$49,997	$0
COGS	$24,998	$0
Tax	$0	$0


Net Income	$-963,383	$-768,246

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$491,498	$14,502
Accounts Receivable	$0	$0
Total Assets	$491,498	$14,502
Short-Term Debt	$519,129	$400,947
Long-Term Debt	$1,986,000	$1,974,000
Total Liabilities	$2,505,129	$2,374,947

Financials as of: 06/06/2022

Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
Hearo	10/23/2022	Republic	$25,000,000	$224,365	SAFE	Funded	RegCF
Hearo.Live	01/14/2021	Republic	$12,500,000	$657,943	SAFE	Funded	RegCF

Create a free account today to gain access to KingsCrowd analytics.

Price per Share
Valuation
Revenue
Employees

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

Pay Monthly

Annually (Save 17%)

: $25 /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 Get Edge Monthly

Already a member? Log in here.

Ratings

Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

View on Republic (Closed)

Community Stats

18 Following

95 Investors

Hearo

Hearo

Talk+Watch Together

Talk+Watch Together

Overview

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials