MESMERIZE

MESMERIZE

Interactive art experiences

Interactive art experiences

Overview

Raised to Date: Raised: $36,180

Total Commitments ($USD)

Platform

SMBX

Start Date

03/15/2023

Close Date

05/31/2023

Min. Goal
$20,000
Max. Goal
$124,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.00%

Term Length

3.0 years

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/03/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$476

Momentum
Funded
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Year Founded

2018

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Austin, Texas

Business Type

Growth

MESMERIZE is raising funds on SMBX. The company makes multi-sensory and immersive art installations for extraordinary interactive art experiences. The installations of MESMERIZE are used by brands, artists, agencies, entertainers, and community organizations to promote their businesses. MESMERIZE’s next project is named ‘Mind Over Matter’ and takes the guests through an experience of discovering a magic meteorite in an abandoned building. Matthew Gutierrez and Clayton Lillard founded MESMERIZE in February 2018. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $124,000. The campaign proceeds will be used for equipment purchases, construction costs, and a lease for new space.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$121,562

$50,706

COGS

$23,887

$11,400

Tax

$0

$0

 

 

Net Income

$67,484

$16,203

Summary Balance Sheet

FY 2022 FY 2021

Cash

$28,306

$3,582

Accounts Receivable

$0

$0

Total Assets

$28,306

$5,382

Short-Term Debt

$15,855

$15,855

Long-Term Debt

$0

$0

Total Liabilities

$15,855

$15,855

Financials as of: 03/15/2023
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MESMERIZE on SMBX 2023
Platform: SMBX
Security Type: Debt

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