The Studio Creative Group
Early Stage
Creative Co-Working Film and Photo Studios Share
Overview
Raised: $13,400
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/16/2021
Close Date
07/02/2021
Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$9,999,600
Valuation Cap
$12,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
06/30/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$99
Momentum
Not Funded
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Year Founded
2017
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
High
Capital Intensity
High
The Studio Creative Group
The Studio Creative Group, with a $12 million valuation cap, is raising funds on Wefunder. It is an innovative and creative co-working studio concept that creates high-quality content to keep the audience engaged. Along with producing its own theatrical content, The Studio Creative Group also works as a consultant and partner for independent filmmakers. Joseph Maxwell and Allison Maxwell founded The Studio Creative Group in 2017. The current crowdfunding campaign has a minimum goal of $100,000 and a maximum goal of $1,070,000, and the funds will be used to purchase film and photo equipment, hire a sales professional, and cover marketing expenses. The Studio Creative Group is led by an experienced and established Emmy Award-winning team.
The Studio Creative Group, with a $12 million valuation cap, is raising funds on Wefunder. It is an innovative and creative co-working studio concept that creates high-quality content to keep the audience engaged. Along with producing its own theatrical content, The Studio Creative Group also works as a consultant and partner for independent filmmakers. Joseph Maxwell and Allison Maxwell founded The Studio Creative Group in 2017. The current crowdfunding campaign has a minimum goal of $100,000 and a maximum goal of $1,070,000, and the funds will be used to purchase film and photo equipment, hire a sales professional, and cover marketing expenses. The Studio Creative Group is led by an experienced and established Emmy Award-winning team.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$69,677 |
$92,246 |
|
COGS |
$20,145 |
$27,489 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$14,750 |
$31,101 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,478 |
$2,508 |
|
Accounts Receivable |
$6,350 |
$6,165 |
|
Total Assets |
$25,282 |
$22,972 |
|
Short-Term Debt |
$2,133 |
$1,701 |
|
Long-Term Debt |
$34,600 |
$0 |
|
Total Liabilities |
$36,733 |
$1,701 |
Financials as of: 02/16/2021
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