Mesh Communities

Mesh Communities

Closed: Apr. 2022

About this raise

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.

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Investment Overview

Invested this round: $214,425

Deal Terms

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    Open SEC Filing

Early Bird Val. Cap

$6,000,000

Valuation Cap

$8,000,000

Discount

20%

Company & Team

Company

Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
AdTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Los Angeles, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Jess Zakira Wise
Title
CEO
Founder Name
Cliff Atkinson
Title
CRO

Financials

 Revenue
$0
 Monthly Burn
$11,089
 Runway
1.5 months

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2022 Wefunder $8,000,000 $214,425 SAFE Funded RegCF
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Add to portfolio
Mesh Communities on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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Warning: according to the close date for this deal, Mesh Communities may no longer be accepting investments.

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