TagMango
Early Stage
The only platform creators need to monetize content, courses, and community
Overview
Raised: $72,470
Total Commitments ($USD)
Platform
Republic
Start Date
11/06/2022
Close Date
01/28/2023
Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$18,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$884
# of Investors
122
Momentum
Funded
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Year Founded
2019
Industry
Business Services, Software, & Applications
Tech Sector
EdTech
Distribution Model
B2B2C
Margin
Low
Capital Intensity
Low
TagMango, with a valuation of $18 million, is raising funds on Republic. The company has developed a platform for creators to monetize their content, courses, and community. The simple and cost-effective platform of TagMango has a landing page builder, community feed, live video streaming, chat rooms, course builder, deep customer analytics, and marketing automation. TagMango has over 1,000 creators and over 100,000 paid users, growing 33% month-over-month for past 21 months. Divyanshu Damani and Mohammad Hasan founded TagMango in December 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, engineering, operations, and processes.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$480,382 |
$23,288 |
|
COGS |
$602,754 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-810,120 |
$-269,161 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1,081,390 |
$71,813 |
|
Accounts Receivable |
$40,192 |
$0 |
|
Total Assets |
$1,198,204 |
$372,500 |
|
Short-Term Debt |
$75,114 |
$24,987 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$75,114 |
$24,987 |
Financials as of: 11/06/2022
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