Psychics1on1

Psychics1on1

Closed: Mar. 2021

About this raise

Psychics1on1, with a pre-money valuation of $4.5 million, is raising crowdfunding on StartEngine. The company is building a technology-driven platform for psychics to grow their businesses and for the customers to find and engage with psychics. Robert Earl founded Psychics1on1 in June 2020. The proceeds of the current crowdfunding round, with a minimum goal of $9,999 and a maximum goal of $499,995, will be used for marketing and expansion. Psychics1on1 has already created a digital platform and developed business tools. The company is focused on revolutionizing the stagnant industry of psychics and return the power to individual professionals. The customers will be able to engage with top-rated online psychics simply and transparently.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
12/29/2020
Close Date
03/21/2021
Min. Goal
$9,999
Max Goal
$499,995
Min. Investment

$248

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.50

Early Bird Valuation

$3,600,000

Pre-Money Valuation

$4,500,000

Company & Team

Company

Year Founded
2020
Industry
Education, Training, & Coaching
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Orlando, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Robert Earl
Title
Founding Shareholder

Funding data not publicly available

Financials

 Revenue
$66
 Monthly Burn
$72,996
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$66

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-875,954

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$4,042

$0

Short-Term Debt

$879,996

$0

Long-Term Debt

$0

$0

Total Liabilities

$879,996

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/21/2021 StartEngine $4,500,000 $0 Equity - Common Not Funded RegCF
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Add to portfolio
Psychics1on1 on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $4,500,000
Price per Share: $4.50

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Follow Psychics1on1 on StartEngine

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Warning: according to the close date for this deal, Psychics1on1 may no longer be accepting investments.

Psychics1on1 Deal Report

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