metaMedia (previously Metaiye Knights) (2023)

metaMedia (previously Metaiye Knights) (2023)

About this raise

metaMedia, with a valuation of $48.8 million,, is raising funds on StartEngine. The company is introducing blockchain into storytelling and teaching its users how to implement blockchain to change a graphic novel into a TV or film series. metaMedia will be the first experience combining storytelling with blockchain. It has already partnered with Comic Republic, Microsoft, Ebony, and Unanimous Games. Dele Atanda founded metaMedia in August 2018. The current crowdfunding campaign has a minimum target of $9,992.67 and a maximum target of $4,746,732.57. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $67,045

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
08/18/2022
Close Date
01/16/2023
Min. Goal
$9,993
Max Goal
$4,746,733
Min. Investment

$268

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$26.79

Pre-Money Valuation

$48,836,938

Company & Team

Company

Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
New York, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Dele Atanda
Title
CEO

Financials

 Revenue -98.5% YoY
$774
 Monthly Burn
$54,212
 Runway
1 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$774

$53,854

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-650,545

$-334,384

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$54,527

$26,466

Accounts Receivable

$39,500

$53,750

Total Assets

$69,150

$80,217

Short-Term Debt

$90,739

$65,897

Long-Term Debt

$50,000

$0

Total Liabilities

$140,739

$65,897

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,095,701
VC Backed?
No
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
metaKnyts (previously metaMedia and Metaiye Knights) 08/11/2023 Netcapital $48,800,479 $0 Equity - Common Not Funded RegCF
metaMedia (previously Metaiye Knights) 01/16/2023 StartEngine $48,836,938 $67,045 Equity - Common Funded RegCF
Metaiye Knights 01/25/2022 StartEngine $8,000,000 $1,070,050 Equity - Preferred Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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metaMedia on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $48,836,938
Price per Share: $26.79

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