Vlogmi

Early Stage

A Social Media App based ENTIRELY around Genuine and Authentic Content

Overview

Raised to Date: Raised: $14,604

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/18/2023

Close Date

04/17/2023

Min. Goal

$10,000

Max. Goal

$1,235,000

Min. Investment

$100

Security Type

Equity - Common

Series

Seed

Funding Type

RegCF

Price Per Share

$1.00

Pre-Money Valuation

$9,470,349

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

74

% of Min. Goal

146%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$974

# of Investors

25

Momentum
cool.svg
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Location

Denver, Colorado

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

High Growth

Vlogmi, with a valuation of $9.47 million, is raising funds on StartEngine. The company has developed a social media app that helps share original, authentic, and genuine content in the form of Vlogs. The platform aims to make social media a healthier place by promoting authentic and genuine content rather than disingenuous content. Vlogmi’s ad tech platform also provides incentivized advertisements that allow creators to monetize their profiles through non-intrusive advertisements. Luke Thorssen, LeRoy Thorssen, and Rafaella Thorssen founded Vlogmi in October 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used to launch publicly on both iOS and Android, roll out the go-to-market strategy, and scale to the first 50,000 users.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-378,315

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$481

$0

Accounts Receivable

$0

$0

Total Assets

$638

$0

Short-Term Debt

$170,029

$0

Long-Term Debt

$16,801

$0

Total Liabilities

$186,830

$0

Financials as of: 01/18/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Vlogmi 04/17/2023 StartEngine $9,470,349 $14,604 Equity - Common Active RegCF
Vlogmi 07/14/2021 Wefunder $3,930,000 $108,039 Equity - Preferred Funded RegCF
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Vlogmi on StartEngine 2023
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $9,470,349
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

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