SupChina

Early Stage

The Omni-Platform Covering China Without Fear or Favour

Analytics

Raised to Date: Raised: $695,117

Aggregate Commitments $

Platform

Dalmore Group

Start Date

10/26/2021

Close Date

04/28/2022

Min. Goal

$25,000

Max. Goal

$5,000,000

Min. Investment

$1,000

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$45,000,000

Rolling Commitments $

Status

Active

Reporting Date

12/05/2021

Days Remaining

144

% of Min. Goal

2,780%

% of Max. Goal

14%

Likelihood of Max
unlikely
Avg. Daily Raise

$17,378

Momentum
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Location

New York, New York

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Business Type

Growth

SupChina, with a valuation of $45 million, is raising funds on Dalmore Group. It is a multimedia and business platform that helps the world understand China better by covering all the news about the country. The Omni-platform covers China without fear or favor and lets the world know about its business, culture, politics, and society. SupChina reported a 55% year-over-year paid subscriber growth, 86% subscription renewal rate, and over 2 million monthly audiences for web, social, and video. Anla Cheng founded SupChina in August 2015. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for sales and marketing, editorial, and product launches.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$531,220

$503,288

COGS

$15,885

$80,068

Tax

$951

$4,793

 

 

Net Income

$-1,595,499

$-1,613,480

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$303,707

$294,535

Accounts Receivable

$90

$90

Total Assets

$310,163

$301,906

Short-Term Debt

$2,351,473

$1,501,654

Long-Term Debt

$5,159,303

$4,405,366

Total Liabilities

$7,510,776

$5,907,020

Financials as of: 10/26/2021
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SupChina on Dalmore Group 2021
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Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $45,000,000

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