World Illustrated

World Illustrated

Early Stage

Innovative, disruptive platform combining social media, publishing, e-commerce

Innovative, disruptive platform combining social media, publishing, e-commerce

Overview

Raised this Round: Raised: $92,070

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/09/2022

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    Open SEC Filing

Early Bird Val. Cap

$12,800,000

Valuation Cap

$13,800,000

Discount

7%

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

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: 08/09/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
World Illustrated 08/24/2024 Wefunder $19,000,000 $0 SAFE Active RegCF
World Illustrated 02/06/2023 Wefunder $13,800,000 $92,070 SAFE Funded RegCF
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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.

Employee History

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

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