World Illustrated

World Illustrated

Closed: Dec. 2024

About this raise

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.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
04/25/2024
Close Date
12/13/2024
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%

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
15
Prior Founder Exits?
No
Founder Name
Charles Taylor
Title
CEO

Funding data not publicly available

Financials

as of Fiscal Year 2023
 Revenue +73% YoY
$857,393
 Monthly Burn
$3,506
 Cash on Hand
$30,365
Gross Margin
75%

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$157,170
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

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

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