About this raise
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.
Investment Overview
Not Funded: $16,726
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 01/18/2023
- Close Date
- 04/17/2023
$10,000
$1,235,000
$100
Equity - Common
Seed
RegCF
$1.00
$9,470,349
Company & Team
Company
- Year Founded
- 2020
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $290,799
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/17/2023 | StartEngine | $9,470,349 | $16,726 | Equity - Common | Not Funded | RegCF |
| 07/14/2021 | Wefunder | $3,930,000 | $108,039 | Equity - Preferred | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.