PopViewers

PopViewers

Closed: Jun. 2021

About this raise: PopViewers, with a $15 million valuation, is raising funds on Wefunder. It is a community-driven entertainment platform that brings power and analytics to media consumers. The platform helps users find the content that is right for them, along with creating a community. Chris Witherspoon founded PopViewers in April 2018 and raised $1.4 million in previous rounds of financing. The current crowdfunding round has a minimum raise of $200,000 and a maximum raise of $1,070,000. The raise proceeds will be used for building the Android version and the data analytics platform, retaining CMO, and rolling out new features. PopViewers has upcoming partnerships with Netflix, Hulu, CNN, and NBCUniversal.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
04/05/2021
Close Date
06/30/2021
Min. Goal
$200,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$12,000,000

Valuation Cap

$15,000,000

Discount

20%

Company & Team

Company

Year Founded
2018
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
New York, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Chris Witherspoon
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$49,228
 Runway
6.3 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$1,012

$50

 

 

Net Income

$-590,735

$-164,646

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$311,849

$1,128,700

Accounts Receivable

$0

$0

Total Assets

$689,361

$1,202,288

Short-Term Debt

$77,808

$0

Long-Term Debt

$0

$0

Total Liabilities

$77,808

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/30/2021 Wefunder $15,000,000 $0 Convertible Note Not Funded RegCF
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PopViewers on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $15,000,000

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