L2 Records

L2 Records

Early Stage

A Subsidiary Of Varner Enterprises.

A Subsidiary Of Varner Enterprises.

Overview

Raised this Round: Raised: $3,800

Total Commitments ($USD)

Platform

truCrowd

Start Date

04/07/2019

Close Date

08/10/2019

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$1,000

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,800,000

Discount

0%

Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

Location

Southfield, Michigan

L2 Records, with a pre-money valuation of $2.8 million, is raising funds on TruCrowd. The company is an independent record label that works in the pop, EDM, and hip-hop genres. They sign and develop unproven but talented artists and help them grow their fanbase. L2 Records will invest in new artists, grow and market them, and will monetize the arrangement through a co-development agreement when the artists have fully developed. L2 Records is a wholly-owned subsidiary of Varner Enterprises, a holding company formed by Michael Varner. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $1,070,000. L2 Records has already signed its first artist, RIIV, and has released his first single.
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L2 Records on TruCrowd
Platform: truCrowd
Security Type: SAFE
Valuation: $2,800,000

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Warning: according to the close date for this deal, L2 Records may no longer be accepting investments.

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