Storiad

Storiad

Early Stage

Author's Book Marketing App

Author's Book Marketing App

Overview

Raised this Round: Raised: $44,250

Platform

StartEngine

Start Date

04/19/2017

Close Date

07/27/2017

Min. Goal
$10,000
Max. Goal
$100,000
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$25.00

Pre-Money Valuation

$2,500,000

Year Founded

2010

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Location

Pasadena, California

Storiad, with a valuation of $2.5 million, is raising funds on StartEngine. It is a provide-a-platform company serving the book-selling industry. Storiad’s subscription-based software and database solutions allow authors to sell books without worrying about the book-selling infrastructure. The business generates revenue through software and database subscription fees and offers a variety of services, including marketing, research, messaging, and planning. Ramzi Hajj founded Storiad in March 2010. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $100,000. The campaign proceeds will be used for software development, marketing, outsourcing, working capital, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-36,890

$-31,107

Summary Balance Sheet

FY 2016 FY 2015

Cash

$13,414

$13,214

Accounts Receivable

$0

$0

Total Assets

$13,414

$13,214

Short-Term Debt

$3,800

$3,600

Long-Term Debt

$0

$0

Total Liabilities

$3,800

$3,600

Financials as of: 04/19/2017
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Storiad on StartEngine 2017
Platform: StartEngine
Security Type: Equity - Common
Valuation: $2,500,000
Price per Share: $25.00

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