MESMERIZE
Interactive art experiences
Overview
Raised: $2,500
Total Commitments ($USD)
Platform
SMBX
Start Date
03/16/2023
Close Date
05/01/2023
Min. Goal
$40,000
Max. Goal
$124,000
Min. Investment
$10
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
11.00%
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
39
% of Min. Goal
6%
% of Max. Goal
2%
Likelihood of Max
Avg. Daily Raise
$357
Momentum
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Year Founded
2018
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Location
Austin, Texas
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
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$121,562 |
$50,706 |
|
COGS |
$23,887 |
$11,400 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$67,484 |
$16,203 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
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: 03/16/2023
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