JoyJam
About this raise
JoyJam, with a valuation of $20.02 million, is raising funds on StartEngine. It is an innovative music media company with a music-centric social platform. JoyJam empowers music creators by connecting their live events to the platform and deepening their fan connections. The social + live model of JoyJam helps creators get more visibility, get direct-to-fan monetization, and achieve community-driven engagement. The platform is currently in beta phase 1 and is on track to generate revenue through sponsorships, advertising, subscriptions, and live events. Howard H. Conyack Jr. and Howard H. Conyack III founded JoyJam in May 2024. The current crowdfunding campaign has a minimum target of $124,000 and a maximum target of $1.24 million. The campaign proceeds will be used for operations, legal and music licensing, company employment, marketing, and working capital.
Investment Overview
Committed : $8,266
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 02/24/2025
- Close Date
- 05/26/2025
$124,000
$1,235,000
$200
Equity - Common
Pre-Seed
RegCF
$2.00
$20,020,000
Company & Team
Company
- Year Founded
- 2024
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $1,928
- Monthly Burn
- $9,357
-
Runway
- 11.8 months
- Gross Margin
- 63%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/26/2025 | StartEngine | $20,020,000 | $8,266 | Equity - Common | Active | RegCF |
