Streamport

Streamport

Closed: Sep. 2021

About this raise: Streamport, with a valuation cap of $6 million, is raising funds on Wefunder. The company has developed a streaming portal that fits unlimited video content, both live and on-demand. It works like a shopping mall for content and allows content owners to distribute their content internationally. Sorin Mihail Pigulea founded Streamport in October 2020. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used for advertising, brand awareness, equipment, strategic content acquisition, and operations expenses. Streamport has end-to-end proprietary technology without any third-party dependencies. It has unlimited capacity for shops and high user scalability connected to demand.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
04/06/2021
Close Date
09/24/2021
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$5,000,000

Valuation Cap

$6,000,000

Discount

16%

Company & Team

Company

Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B2C
Margin
Low
Capital Intensity
Low
Location
Randolph, New Jersey
Business Type
Life Style
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Sorin Pigulea
Founder Name
Razvan Matei

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$82
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$400

$0

 

 

Net Income

$-985

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2

$0

Accounts Receivable

$0

$0

Total Assets

$13,797

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/24/2021 Wefunder $6,000,000 $0 SAFE Not Funded RegCF
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Streamport on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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