Megara
Early Stage
We are looking to build a theme park for immersive experiences outside of NYC
Overview
Raised: $96,967
Total Commitments ($USD)
Platform
Wefunder
Start Date
07/25/2022
Close Date
11/26/2022
Min. Goal
$50,001
Max. Goal
$249,999
Min. Investment
$100
Security Type
Equity - Preferred
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$2.00
Early Bird Valuation
$1,892,501
Pre-Money Valuation
$2,523,334
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$782
# of Investors
151
Momentum
Funded
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Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Megara, with a valuation of $2.52 million, is raising funds on Wefunder. The company is planning to build a theme park with immersive experiences outside of New York City. The new fantasy-themed festival and experience, Kingdom Faire, launched this spring in Hudson Valley and received rave reviews and over 5,000 attendees. Megara is led by a passionate team and plans to grow its guest base and locations. Christopher Francia founded Megara in April 2021. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $249,999. The campaign proceeds will be used for property acquisition, planning and design, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$503 |
$0 |
|
COGS |
$1,183 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-80,675 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$289,076 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$293,062 |
$0 |
|
Short-Term Debt |
$23,729 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$23,729 |
$0 |
Financials as of: 07/25/2022
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