About this raise
nedl, with a valuation cap of $8 million, is raising crowdfunding on Wefunder. The app makes it possible for everyone to have their own live radio show in 90 seconds. The users can share their link ad 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 was founded by Ayinde Alakoye and has raised over $1.5 million since its founding. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000, and the funds will be used for personnel, user acquisition, and ongoing server costs. 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.
Investment Overview
Invested : $75,260
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 06/15/2020
- Close Date
- 09/30/2020
$50,000
$250,000
$250
Convertible Note
Early Stage
RegCF
$5,000,000
20%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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