Merchagogo
About this raise
Merchagogo, with a valuation of $12.5 million, is raising funds on Republic. It is a new vintage and secondary marketplace for exclusive music merchandise. Merchagogo caters to people who want to make a fashion statement and fans who value the merchandise as a sign of a connection to music. The business has partnered with Spotify, Instagram, and YouTube for music merchandise and has access to a fan database of 7 million and over 100 million fan-artist connections. John Hecker founded Merchagogo in July 2024. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $1.24 million. The campaign proceeds will be used for tech platform development, SaaS subscriptions, web hosting, customer support teams, business development, and marketing.
Investment Overview
Committed [Withdrawn]: $29,349
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 11/21/2024
- Close Date
- 05/02/2025
$75,000
$1,235,000
$100
SAFE
Early Stage
RegCF
$10,000,000
$12,500,000
0%
Company & Team
Company
- Year Founded
- 2024
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$166
as of Oct '24
-
Runway
-
12 months
as of Oct '24
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/02/2025 | Republic | $12,500,000 | $29,349 | SAFE | Withdrawn | RegCF |
