Vlogmi
A Social Media App based ENTIRELY around Genuine and Authentic Content
Overview
Raised: $108,039
Total Commitments ($USD)
Platform
Wefunder
Start Date
01/22/2021
Close Date
07/14/2021
Min. Goal
$51,040
Max. Goal
$580,000
Min. Investment
$100
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.46
Pre-Money Valuation
$3,930,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/31/2021
Days Remaining
Funded
% of Min. Goal
212%
% of Max. Goal
19%
Likelihood of Max
Funded
Avg. Daily Raise
$625
# of Investors
45
Momentum
Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Vlogmi, with a pre-money valuation of $4.96 million, is raising funds on Wefunder. 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. Luke Thorssen, LeRoy Thorssen, and Rafaella Thorssen founded Vlogmi in October 2020. The current crowdfunding round has a minimum goal of $51,040 and a maximum goal of $580,000, and the proceeds will be used towards operating and development team, office and utility costs, hardware and software costs, and marketing and travel. Vlogmi believes in making an impact on the wellbeing and mental health of millions of people with its authenticity.
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 |
Financials as of: 01/22/2021
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