Memik
Early Stage
Music & Dance Meet Augmented Reality!
Overview
Raised: $22,152
Total Commitments ($USD)
Platform
StartEngine
Start Date
11/30/2021
Close Date
02/23/2022
Min. Goal
$9,999
Max. Goal
$1,070,000
Min. Investment
$267
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$2.67
Pre-Money Valuation
$17,997,776
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/27/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$264
# of Investors
29
Momentum
Not Funded
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Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Memik, with a valuation of $18 million, is raising funds on StartEngine. The company has developed an augmented-reality-based platform for social media. The platform helps influencers to reach and monetize more demographics and increase the profitability of the content they create. Memik allows influencers to create their custom avatar, custom music, custom dances, and track the reach of their content. Amari Ruff and Laron Walker founded Memik in May 2021. The current crowdfunding campaign has a minimum target of $9,999.15 and a maximum target of $1,069,999.83. The campaign proceeds will be used to expand the team, support 2022 feature updates, enhance the IP portfolio, and extend distribution channels and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
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Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/30/2021
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