Playwatch
Early Stage
Children's Streaming Platform, Where Every Child Is The Hero!
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
07/18/2022
Close Date
09/02/2022
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$13,500,000
Valuation Cap
$15,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/01/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Playwatch, with a valuation of $15 million, is raising funds on Wefunder. It is a children’s streaming media platform with a variety of content. The content on Playwatch will include animations, children’s live-action shows, educational videos, a digital library, and a virtual arcade. The platform has been developed over a period of two years with 1,500 hours of content and direct consumer testing with over 500 families. Tim White and Jimmy Jenkins founded Playwatch in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for platform and tech development, premium content creation, operational capital, and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-60,105 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$61,095 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$61,095 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 07/18/2022
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