SeeMe
Global platform for artists using matching and data science to connect them with art buyers
Overview
Raised: $0
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/22/2020
Days Remaining
Not Funded
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2015
Industry
Arts & Crafts
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
SeeMe, with a $5 million valuation cap, is raising funds on SeedInvest. The company is offering a global platform to connect emerging artists with art buyers. The platform uses matching, data science, and algorithmic valuation to identify the right match. The process benefits both ambitious artists and discerning collectors. Brendan Burns founded SeeMe in 2015 and has raised over $700,000 in previous rounds of funding. The current crowdfunding campaign has a minimum raise of $25,000 and a maximum raise of $535,000, and the funds will be used for marketing, IP rights fund, web design and IT, and salaries. SeeMe has a user base of over 3,000 artists. It generated $140,000 in revenue in 2019, a growth of over 100% from 2018.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$143,800 |
$63,393 |
COGS |
$25,253 |
$1,323 |
Tax |
$0 |
$-1,516 |
| ||
| ||
Net Income |
$-196,191 |
$-385,009 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$4,750 |
$38,523 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$138,917 |
$187,690 |
Short-Term Debt |
$70,113 |
$376,951 |
Long-Term Debt |
$453,634 |
$0 |
Total Liabilities |
$523,747 |
$376,951 |
Financials as of: 10/02/2020
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Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
SeeMe | 03/18/2023 | Republic | $6,000,000 | $39,954 | SAFE | Funded | RegCF |
SeeMe | 11/20/2020 | SeedInvest | $5,000,000 | $0 | Convertible Note | Not Funded | RegCF / RegD 506(c) |
SeeMe | 12/17/2018 | Microventures | $4,000,000 | $62,523 | Convertible Note | Funded | RegCF |
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