Legion M
[Closed for Investment] Legion M is raising funds on Wefunder. It is the world’s first fan-owned entertainment company. Legion M investors get to back a variety of projects diversified across different genres, mediums, and risk profiles. The company 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 March 2016. The current crowdfunding campaign has a minimum target of $1,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, project development, and operating expenses.
Investment Overview
Raised: $167,940
Deal Terms
- Platform
- Wefunder
- Start Date
- 07/24/2017
- Close Date
- 09/05/2017
$1,000
$250,000
$1,000
Equity - Common
RegCF
$7.47
Company & Team
Company
- Year Founded
- 2016
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Location
- Los Angeles, California
- Company Website
-
Visit Website
Team
Financials
-
Revenue
- $0
- Monthly Burn
- $106,052
-
Runway
- 6 months
- Gross Margin
- 28%
Upgrade to gain access
-
$12.50 /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
Edge
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2025 | StartEngine | $62,198,730 | $87,309 | Equity - Common | Active | Test the Waters |
| 10/28/2024 | StartEngine | $58,700,000 | $6,857,611 | Equity - Common | Funded | RegA+ |
| 02/17/2023 | Wefunder | - | $750,000 | Revenue Share | Funded | RegCF |
| 04/30/2022 | StartEngine | $48,512,836 | $3,849,523 | Equity - Common | Funded | RegCF |
| 04/30/2021 | Wefunder | $40,500,000 | $1,470,683 | Equity - Common | Funded | RegCF |
| 07/31/2018 | Wefunder | $19,590,000 | $901,888 | Equity - Common | Funded | RegCF |
| 09/05/2017 | Wefunder | - | $167,940 | Equity - Common | Funded | RegCF |
| 08/14/2016 | Wefunder | - | $999,999 | Equity - Common | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.