Legion M

Growth Stage

The World's First FAN-OWNED Entertainment Company

Analytics

Raised to Date: Raised: $1,749,168

Aggregate Commitments $

Platform

StartEngine

Start Date

10/06/2021

Close Date

04/30/2022

Min. Goal

$15,000

Max. Goal

$3,000,000

Min. Investment

$105

Security Type

Equity - Common

Funding Type

RegCF

Series

Series A

Pre-Money Valuation

$48,512,836

Rolling Commitments $

Status

Active

Reporting Date

10/27/2021

Days Remaining

185

% of Min. Goal

11,661%

% of Max. Goal

58%

Likelihood of Max
extremely
Avg. Daily Raise

$83,294

Momentum
hot
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Location

Los Angeles, California

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Legion M, with a valuation of $48.5 million, is raising funds on StartEngine. It is the world’s first fan-owned entertainment company. The investors get to back a variety of projects diversified across different genres, mediums, and risk profiles. Legion M is disrupting the entertainment industry and is one of the most successful companies in crowdfunding history. Paul Scanlan and Jeff Annison founded Legion M in 2016. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $3,000,000. The campaign proceeds will be used to become one of the most influential companies in Hollywood.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$933,570

$645,565

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,225,398

$-3,645,356

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$157,871

$735,562

Accounts Receivable

$9,922

$21,583

Total Assets

$1,381,289

$2,178,867

Short-Term Debt

$449,951

$328,395

Long-Term Debt

$0

$0

Total Liabilities

$449,951

$328,395

Financials as of: 10/06/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Legion M 04/30/2022 StartEngine $48,512,836 $1,749,168 Equity - Common Active RegCF
Legion M 04/30/2021 Wefunder $40,500,000 $1,470,683 Equity - Common Funded RegCF
Legion M 07/31/2018 Wefunder $19,590,000 $901,888 Equity - Common Funded RegCF
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Legion M on StartEngine 2021
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $48,512,836
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