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 to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/24/2024

Close Date

08/25/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$17,100,000

Valuation Cap

$19,000,000

Discount

5%

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/17/2024

Days Remaining

99

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
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Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Location

Fort Myers, Florida

World Illustrated, with a valuation of $19 million, is raising funds on Wefunder. The company has developed an innovative and disruptive platform that combines publishing, e-commerce, and social media. World Illustrated’s platform functions as a web publisher along with content licensing and merchandising functionalities. The platform has 16 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 $124,000. The campaign proceeds will be used for software development and the addition of more features and functionalities.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$857,393

$497,217

COGS

$212,568

$109,415

Tax

$2,252

$764

 

 

Net Income

$12,001

$-3,602

Summary Balance Sheet

FY 2023 FY 2022

Cash

$30,365

$30,531

Accounts Receivable

$185,278

$120,946

Total Assets

$2,254,160

$2,085,779

Short-Term Debt

$271,622

$159,656

Long-Term Debt

$281,832

$281,233

Total Liabilities

$553,453

$440,888

Financials as of: 04/24/2024
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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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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

Funding data not publicly available

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World Illustrated on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $19,000,000

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