PodTV

PodTV

Closed: Feb. 2023

About this raise

PodTV, with a valuation of $10 million, is raising funds on NetCapital. The business creates genre-based streaming TV channels and networks. The company creates its networks by sourcing and producing programming from established podcasters and independent video creators. PodTV delivers the holistic experience through its proprietary streaming TV apps and live linear channels distributed through smart TV manufacturers. PodTV generated its first revenue at the launch of Crime and Conspiracy in December 2021. Jeffrey White founded PodTV in December 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, content acquisition and development, and compensation for managers.

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Investment Overview

Invested this round: $58,252

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
09/15/2022
Close Date
02/28/2023
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$99

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$10,000,000

Company & Team

Company

Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
West Chester, Pennsylvania
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Jeff White
Title
CEO
Founder Name
Brandon Blackburn
Title
Chief Creative Officer

Financials

 Revenue
$58,400
 Monthly Burn
$30,361
 Runway
7.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$58,400

$0

COGS

$60,202

$0

Tax

$0

$0

 

 

Net Income

$-364,337

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$223,370

$0

Accounts Receivable

$26,000

$0

Total Assets

$279,926

$0

Short-Term Debt

$0

$0

Long-Term Debt

$600,000

$0

Total Liabilities

$600,000

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$500,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/28/2023 Netcapital $10,000,000 $58,252 Equity - Common Funded RegCF
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Add to portfolio
PodTV on NetCapital 2022
Platform: Netcapital
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $1.00

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Follow PodTV on NetCapital 2022

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

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