Straw Hut Media
About this raise
Straw Hut Media, with a valuation of $2 million, is raising funds on MicroVentures. The company has developed a platform that helps users create and distribute 30 podcasts ranging from pop culture and history to health and fitness. The podcast portfolio of Straw Hut Media includes content created by personalities like Brandi Glanville, Daisey Fuentes, and Richard Marx. The podcasts of Straw Hut Media were downloaded over 12 million times in 2021. Ryan Tillotson and Tyler Neilsen founded Straw Hut Media in November 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, research and development, equipment purchases, and general working capital.
Investment Overview
Not Funded: $4,350
Deal Terms
Total Commitments
- Platform
- Microventures
- Start Date
- 05/11/2022
- Close Date
- 08/15/2022
$25,000
$500,000
$100
Convertible Note
Early Stage
RegCF
$2,000,000
20%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
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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 |
|---|---|---|---|---|---|---|
| 08/15/2022 | Microventures | $2,000,000 | $4,350 | Convertible Note | Not Funded | RegCF |