ReelwUrld

ReelwUrld

Early Stage

Making the future of filmmaking social

Making the future of filmmaking social

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Netcapital

Start Date

12/31/2020

Close Date

03/01/2021

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$10,700,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

03/02/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2017

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Burbank, California

Business Type

Growth

ReelwUrld, with a post-money valuation of $11.77 million, is raising crowdfunding on NetCapital. It is a social film studio making movies with the world. The patent-pending technology is merging social media with movies and shows to create a new form of filmmaking. Jan Lucanus founded ReelwUrld in 2017. The proceeds of the current crowdfunding campaign, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used for technology development, marketing, patent filings, compensation, convertible note repayment, and legal and accounting expenses. ReelwUrld works on a crowdsourced cinematic universe model and allows people to create their own characters and stories.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,795

$-11,403

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$495

$7

Accounts Receivable

$2,683

$0

Total Assets

$3,178

$7

Short-Term Debt

$12,500

$12,500

Long-Term Debt

$5,000

$0

Total Liabilities

$17,500

$12,500

Financials as of: 12/31/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
ReelwUrld 04/28/2024 Wefunder $10,700,000 $15,180 Equity - Preferred Active RegCF
ReelwUrld 02/28/2021 Netcapital $10,700,000 $0 Equity - Common Not Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

Funding data not publicly available

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ReelwUrld on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $10,700,000
Price per Share: $1.00

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