Mesh Communities
Early Stage
Create content. Build community. Get paid.
Overview
Raised: $214,425
Total Commitments ($USD)
Platform
Wefunder
Start Date
04/12/2021
Close Date
04/30/2022
Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$6,000,000
Valuation Cap
$8,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/01/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$560
# of Investors
29
Momentum
Funded
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Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
AdTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Mesh Communities, with a valuation cap of $8 million, is raising crowdfunding on Wefunder. The social media platform allows communities and users to reimagine digital advertising. The users get to become the owners of their content, privacy, safety, and relationships. Jess Wise and Cliff Atkinson founded Mesh Communities in March 2019. The current crowdfunding raise has a minimum target of $100,000 and a maximum target of $1,070,000, and the proceeds will be used for marketing, research, hiring additional engineers, and expanding the community. Mesh Communities works on an ethical business model and incentivizes trust and safety to reduce violence, hate, and wrong information.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$30,989 |
$0 |
| ||
| ||
|
Net Income |
$-133,073 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$17,007 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$17,007 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 04/12/2021
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