Sound Legends

Sound Legends

Closed: Oct. 2022

About this raise

Sound Legends, with a valuation of $32 million, is raising funds on StartEngine. It is a global media company that provides musicians the suite of tools to copyright, license, and distribute their music. The platform empowers independent artists worldwide by providing them with the automated technology platform to distribute their music and retain 100% of their royalties. Sound Legends is available in 195 countries and is focused on global markets. Alex Malagon founded Sound Legends in April 2012. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing the two live platforms to artists and making an impact on the global market.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
08/24/2022
Close Date
10/19/2022
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$500

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$32,000,000

Company & Team

Company

Year Founded
2012
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Miami, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
9
Prior Founder Exits?
No
Founder Name
Zackary Samuel
Title
Board Member
Founder Name
Alex Malagon
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
 Cash on Hand
$2,793

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$150

$150

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,793

$822

Accounts Receivable

$0

$0

Total Assets

$2,793

$822

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/19/2022 StartEngine $32,000,000 $0 Equity - Common Not Funded RegCF
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Add to portfolio
Sound Legends on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $32,000,000
Price per Share: $1.00

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Follow Sound Legends on StartEngine 2022

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

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