Rainshine Global

Rainshine Global

Growth Stage

The content studio + blockchain marketplace for global creators

The content studio + blockchain marketplace for global creators

Overview

Raised this Round: Raised: $99,500

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/18/2022

Close Date

07/28/2022

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$100,000,000

Discount

15%

Year Founded

2020

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

High

Location

New York, New York

Business Type

Growth

Rainshine Global, with a valuation of $100 million, is raising funds on Wefunder. The company has created a content studio and blockchain marketplace for global creators. The marketplace, RainBlox, helps global creators in the global launch and monetization of their content with transparent rights and contracts. It also enables fans to become active community members and investors. Neeraj Bhargava founded Rainshine Global in October 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5,000,000. The campaign proceeds will be used for content development, working capital, and development of the RainBlox platform.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$5,589,607

$0

COGS

$5,261,725

$0

Tax

$-36,689

$0

 

 

Net Income

$-3,747,447

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,277,590

$0

Accounts Receivable

$571,277

$0

Total Assets

$30,753,345

$0

Short-Term Debt

$4,930,731

$0

Long-Term Debt

$3,168,108

$0

Total Liabilities

$8,098,839

$0

Financials as of: 05/18/2022
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Rainshine Global on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $100,000,000

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