pocstock (2023)

pocstock (2023)

Closed: Feb. 2023

About this raise

pocstock, with a valuation of $19.9 million, is raising funds on Wefunder. It is a global stock photo and video platform focused exclusively on people of color. The global business model of pocstock allows influencing the visual narratives of representation and inclusion of underrepresented cultures. The proprietary tech platform has over 170,000 assets and more than 600 registered contributors in 60 countries. Steve Jones, Tamara Fleming, and DeSean Brown founded pocstock in November 2019. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $1.07 million. The campaign proceeds will be used for platform automation, social media marketing and advertising campaigns, content development and acquisition, and increasing staff.

Expand

Investment Overview

Invested this round: $128,040

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
10/07/2022
Close Date
02/28/2023
Min. Goal
$50,001
Max Goal
$1,069,998
Min. Investment

$100

Security Type

Equity - Preferred

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.27

Pre-Money Valuation

$19,958,836

Company & Team

Company

Year Founded
2019
Industry
Marketing & Advertising
Tech Sector
AdTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Newark, New Jersey
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Steve Jones
Title
CEO
Founder Name
Tamara Fleming
Title
Chief Content Officer
Founder Name
DeSean Brown
Title
Chief Relationship Officer

Financials

 Revenue +423% YoY
$264,969
 Monthly Burn
$639
 Runway
24+ months
 Gross Margin
61%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$264,969

$50,636

COGS

$102,300

$21,699

Tax

$0

$0

 

 

Net Income

$-7,662

$-730

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$579,187

$23,969

Accounts Receivable

$0

$0

Total Assets

$676,514

$23,969

Short-Term Debt

$62,497

$16,465

Long-Term Debt

$18,861

$18,861

Total Liabilities

$81,358

$35,326

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$764,365
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/31/2025 Wefunder $48,000,000 $77,621 Equity - Preferred Active RegCF
02/28/2023 Wefunder $19,958,836 $128,040 Equity - Preferred Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

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

Add to portfolio
pocstock on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $19,958,836
Price per Share: $2.27

Follow company

Follow pocstock on Wefunder 2022

Buy pocstock's Deal Report

Warning: according to the close date for this deal, pocstock may no longer be accepting investments.

pocstock Deal Report

Get Kingscrowd's comprehensive report on pocstock including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether pocstock is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the pocstock deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge