World Illustrated
Early Stage
Innovative, disruptive platform combining social media, publishing, e-commerce
Overview
Raised: $92,070
Total Commitments ($USD)
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
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$12,800,000
Valuation Cap
$13,800,000
Discount
7%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/28/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$509
# of Investors
32
Momentum
Funded
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Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
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.
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 |
Financials as of: 08/10/2022
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