World Illustrated (2023)

World Illustrated (2023)

Closed: Feb. 2023

About this raise

World Illustrated, with a valuation of $13.8 million, is raising funds on Wefunder. The company has developed an innovative and disruptive platform that combines publishing, e-commerce, and social media. The platform functions as a web publisher along with content licensing and merchandising functionalities. World Illustrated has 15 channels, hundreds of sub-channels, and thousands of threads on specific topics for users to search and view at any level. Charles Taylor founded World Illustrated in October 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for the development of social media functionality, enhancements to Phase 1 software and functionality, and editorial staff.

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Investment Overview

Invested this round: $92,070

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
08/10/2022
Close Date
02/07/2023
Min. Goal
$50,000
Max Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$12,800,000

Valuation Cap

$13,800,000

Discount

7%

Company & Team

Company

Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Fort Myers, Florida
Business Type
High Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Charles Taylor
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$1,953
 Runway
0.1 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-23,440

$-42,682

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$213

$-13

Accounts Receivable

$0

$0

Total Assets

$193,268

$56,418

Short-Term Debt

$0

$0

Long-Term Debt

$259,280

$99,000

Total Liabilities

$259,280

$99,000

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/13/2024 Wefunder $19,000,000 $0 SAFE Not Funded RegCF
02/07/2023 Wefunder $13,800,000 $92,070 SAFE Funded RegCF
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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

Employee History

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Add to portfolio
World Illustrated on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $13,800,000

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

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