nedl

nedl

Early Stage

Have your own live radio show — in seconds!

Have your own live radio show — in seconds!

Overview

Raised to Date: Raised: $155,019

Total Commitments ($USD)

Platform

Republic

Start Date

10/14/2021

Close Date

04/22/2022

Min. Goal
$25,000
Max. Goal
$535,000
Min. Investment

$150

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$22,500,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2022

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

$820

# of Investors

334

Momentum
Funded
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Year Founded

2020

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Santa Monica, California

Business Type

Growth

nedl, with a valuation of $22.5 million, is raising funds on Republic. The app makes it possible for everyone to have their own live radio show in 90 seconds. The users can share their links, and listeners can tune in automatically, without having to download any app. nedl allows audio creators to amplify, monetize, and transcribe their words in real-time. nedl is democratizing access to information and the microphone. It has lots of opportunities ahead with the support of its strong team and disrupting technology. Ayinde Alakoye founded nedl in 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $535,000. The campaign proceeds will be used to become the premier platform for audio creation and discovery.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$187

$540

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-140,870

$-749,128

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$6,473

$486

Accounts Receivable

$0

$0

Total Assets

$321,307

$311,053

Short-Term Debt

$33,700

$20,326

Long-Term Debt

$202,460

$99,419

Total Liabilities

$236,160

$119,745

Financials as of: 10/14/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
nedl 04/21/2022 Republic $22,500,000 $155,019 SAFE Funded RegCF
nedl 09/29/2020 Wefunder $5,000,000 $75,260 Convertible Note Funded RegCF
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Price per Share History

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

Valuation History

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.

Employee History

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nedl on Republic 2021
Platform: Republic
Security Type: SAFE
Valuation: $22,500,000

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