Sound Legends
Early Stage
Built for Independent Artist Worldwide
Overview
Raised: $0
Total Commitments ($USD)
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
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$32,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/20/2022
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
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2012
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
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.
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 |
Financials as of: 08/24/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.