Pencilish Animation Studios

Pencilish Animation Studios

Early Stage

A Crowd-Owned Animation Studio Created by Top Disney Alumni

A Crowd-Owned Animation Studio Created by Top Disney Alumni

Overview

Raised to Date: Raised: $351,878

Total Commitments ($USD)

Platform

StartEngine

Start Date

07/17/2022

Close Date

01/11/2023

Min. Goal
$10,000
Max. Goal
$2,806,795
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.88

Pre-Money Valuation

$18,334,648

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2023

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

$1,988

# of Investors

342

Momentum
Funded
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Year Founded

2020

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Franklin, Tennessee

Business Type

Growth

Pencilish Animation Studios, with a valuation of $18.3 million, is raising funds on StartEngine. It is an animation studio created by top alumni of Disney, Sony Pictures, and Warner Bros. The studio aims to produce high-quality films, television, intellectual property, and animation that will be distributed through licensing, merchandise, and other revenue streams. Pencilish Animation Studios is led by a passionate team with years of experience in filmmaking and animation and has released the first episodes of two new original series, “Bjorn the Last Unicorn” and “Mind over Murphy.” Tom Bancroft founded Pencilish Animation Studios in October 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $2,806,795.44. The campaign proceeds will be used to launch new series.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$6,010

$0

COGS

$4,884

$0

Tax

$400

$0

 

 

Net Income

$-721,094

$-11,772

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,348,456

$6,797

Accounts Receivable

$800

$0

Total Assets

$1,420,212

$22,297

Short-Term Debt

$46,360

$31,378

Long-Term Debt

$0

$0

Total Liabilities

$46,360

$31,378

Financials as of: 07/17/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Pencilish Animation Studios 01/10/2023 StartEngine $18,334,648 $351,878 Equity - Common Funded RegCF
Pencilish Animation Studios 10/30/2021 Wefunder $8,460,000 $2,303,618 Equity - Common 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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Pencilish Animation Studios on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $18,334,648
Price per Share: $4.88

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