Memik
About this raise
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.
Investment Overview
Not Funded: $22,152
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 12/01/2021
- Close Date
- 02/23/2022
$9,999
$1,070,000
$267
Equity - Common
Early Stage
RegCF
$2.67
$17,997,776
Company & Team
Company
- Year Founded
- 2021
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/23/2022 | StartEngine | $17,997,776 | $22,152 | Equity - Common | Not Funded | RegCF |