Thumzup Media

Thumzup Media

Closed: Jan. 2024

About this raise

Thumzup Media is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. The company has developed an innovative digital advertising platform. The platform enables businesses to pay their users cash when they post about the business on their social media and connects brands to consumers. Thumzup Media is led by an experienced team and uses best-in-class technology in the vertical of digital marketing and branding. Robert Steele founded Thumzup Media in 2020. The current crowdfunding campaign has a maximum target of $9 million. The campaign proceeds will be used for software development, research and development, working capital, product marketing, and general and administrative expansion.

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Investment Overview

Invested this round: $3,008,750

Deal Terms

Total Commitments

Platform
Dalmore Group
Start Date
01/20/2023
Close Date
Not Provided
Min. Goal
$1,000
Max Goal
$9,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$4.50

Pre-Money Valuation

$27,170,262

Company & Team

Company

Year Founded
2020
Industry
Marketing & Advertising
Tech Sector
AdTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Los Angeles, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Robert Steele
Title
CEO

Financials

 Revenue
$6,524
 Monthly Burn
$66,037
 Runway
16.7 months

Balance Sheet

Cash and Cash Equivalents

$1,099,761

Property, Plant and Equipment (PP&E)

$3,093

Total Assets

$1,226,692

Accounts Payable & Accrued Liabilities

$32,256

Long Term Debt

$0

Total Liabilities

$32,256

Total Stockholders' Equity

$1,194,436

Total Liabilities and Equity

$1,226,692

Statement of Comprehensive Income Information

Total Revenues

$6,524

Costs & Expenses Applicable to Rev

$1,900

Depreciation and Amortization

$1,620

Net Income

$-792,445

Earnings Per Share - Basic

$-0.13

Earnings Per Share - Diluted

$-0.13

Auditor: Haynie & Company
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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
01/09/2024 Dalmore Group $27,170,262 $3,008,750 Equity - Common Funded RegA+
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Add to portfolio
Thumzup Media on Dalmore Group 2023
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $27,170,262
Price per Share: $4.50

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