Megafono Corporation
Early Stage
Social platform revolutionizing the way 160M voters impact legislation
Overview
$84,162 - RegCF
$184,162 - Total
$184,162 - Total
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$368
# of Investors
27
Momentum
Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Megafono Corporation, with a valuation of $5 million, is raising funds on Wefunder. The company has developed a platform that makes government easily and effectively accessible to everyone. The social platform removes barriers between the people and government, makes the legislation fully accessible, and enables users to make real changes on the federal, state, and local levels. Megafono Corporation has an estimation of reaching 470,000 users in the first three years and $34 million in revenue. Bill Lockhart, Ronald D. Wright, and Nathan Jahncke founded Megafono Corporation in September 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for development, marketing, sales, administration, and carryover.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-23,965 |
$-4,799 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$1,277 |
$20,451 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$91,487 |
$20,451 |
Short-Term Debt |
$45,001 |
$0 |
Long-Term Debt |
$75,000 |
$25,000 |
Total Liabilities |
$120,001 |
$25,000 |
Financials as of: 09/12/2022
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