Revohloo
Interactive Music Video Technology.
Overview
Raised: $33,641
Total Commitments ($USD)
Platform
Netcapital
Start Date
10/01/2021
Close Date
04/29/2022
Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment
$99
Security Type
Equity - Common
Series
Pre-Seed
Funding Type
RegCF
Price Per Share
$0.24
Pre-Money Valuation
$12,070,800
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/01/2022
Days Remaining
Funded
% of Min. Goal
336%
% of Max. Goal
13%
Likelihood of Max
Funded
Avg. Daily Raise
$160
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Location
Las Vegas, Nevada
Industry
Media, Entertainment & Publishing
Tech Sector
AdTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Revohloo, with a valuation of $12.07 million, is raising funds on NetCapital. The company has created a revolutionary music video technology that provides engaging experiences for fans and creates value for artists. The business model of Revohloo favors the compensation of music rights-holders, artists, and advertisers. Revohloo is powered by AdDefender that stitches advertisements into an interactive music video, and delivers one packet to the viewers. Glen DeBarros and Gerardo Melendrez founded Revohloo in March 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for app development, marketing, content development, accounting, office expenses, and salaries.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$7,241 |
$-5,806 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$580 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$14,937 |
$3,696 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$76,873 |
$76,873 |
Total Liabilities |
$76,873 |
$76,873 |
Financials as of: 10/01/2021
Create a free account today to gain access to KingsCrowd analytics.
Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
Revohloo | 04/29/2022 | Netcapital | $12,070,800 | $33,641 | Equity - Common | Funded | RegCF |
Revohloo | 06/25/2018 | StartEngine | $33,697,650 | $2,927 | Equity - Common | Not Funded | RegCF |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.