Truth & Conviction

Truth & Conviction

Early Stage

Watch The Highest Rated Concept Footage (Torch) in Angel Studios' History

Watch The Highest Rated Concept Footage (Torch) in Angel Studios' History

Overview

Raised to Date: Raised: $277,025

Total Commitments ($USD)

Platform

Angel Funding

Start Date

06/06/2023

Close Date

06/28/2023

Min. Goal
$100,000
Max. Goal
$4,395,000
Min. Investment

$50

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$25,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/01/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$13,192

# of Investors

671

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Logos provided by Clearbit
Year Founded

2017

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

PROVO, Utah

Business Type

Life Style

Company Website

Truth & Conviction is raising funds on Angel Funding. It is a 4-part limited series capturing one of the most powerful stories of World War II. Truth & Conviction is based on the firsthand account of the life of Helmuth Huber by Karl-Heinz Schnibbe, one of Helmuth’s best friends. It is the first dramatic limited series about teenage resistance fighters in Nazi Germany. Russ Kendall founded Truth & Conviction in February 2017. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $4.4 million. The campaign proceeds will be used for hiring, greenlight production of the series, and post-production of the series.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,582

$-2,430

Summary Balance Sheet

FY 2022 FY 2021

Cash

$836,164

$226,954

Accounts Receivable

$5,000

$0

Total Assets

$2,202,859

$787,750

Short-Term Debt

$1,031,922

$250,223

Long-Term Debt

$0

$0

Total Liabilities

$1,031,922

$250,223
Financials as of: 06/06/2023
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Truth & Conviction 06/27/2023 Angel Funding $25,000,000 $277,025 Equity - Preferred Funded RegCF
Truth & Conviction 11/21/2022 Angel Funding - $0 Equity - Preferred Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Truth & Conviction on Angel Funding 2023
Platform: Angel Funding
Security Type: Equity - Preferred
Valuation: $25,000,000
Price per Share: $1.00

Follow company

Follow Truth & Conviction on Angel Funding 2023
View on Angel Funding
Deal Analytics
Deal Considerations

Buy Truth & Conviction's Deal Report

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

Truth & Conviction Deal Report

Get KingsCrowd’s comprehensive report on Truth & Conviction including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Truth & Conviction is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Truth & Conviction deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge