TruSo

TruSo

Closed: Sep. 2022

About this raise

TruSo, with a valuation of $16.2 million, is raising funds on StartEngine. The company has developed a true social network based on the video. The TruSo social network is the place where real conversations happen among people on video calls and with an integrated chat community. The app is also accessible for the deaf and helps the users and community monetize their content. TruSo is led by an experienced team and has a waitlist of over 2,000 individuals ready to participate in the beta. Matthew Newman founded TruSo in February 2021. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $1,069,998.15. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $73,280

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
01/03/2022
Close Date
09/27/2022
Min. Goal
$10,000
Max Goal
$1,069,998
Min. Investment

$117

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.95

Pre-Money Valuation

$16,155,750

Company & Team

Company

Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Middleton, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Matthew Newman
Title
CEO

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$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
09/27/2022 StartEngine $16,155,750 $73,280 Equity - Common Funded RegCF
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Add to portfolio
TruSo on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $16,155,750
Price per Share: $1.95

Follow company

Follow TruSo on StartEngine 2022

Buy TruSo's Deal Report

Warning: according to the close date for this deal, TruSo may no longer be accepting investments.

TruSo Deal Report

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