Ad Fontes Media

Ad Fontes Media

Early Stage

We rate news for reliability and bias to help people navigate the news landscape

We rate news for reliability and bias to help people navigate the news landscape

Overview

Raised to Date: Raised: $343,285

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/31/2020

Close Date

01/27/2021

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,319

# of Investors

529

Momentum
Funded
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Year Founded

2018

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

Westminister, Colorado

Business Type

Growth

Ad Fontes Media, with a $5 million valuation cap, is raising crowdfunding on Wefunder. The company reduces polarising junk news and rates news articles for reliability and bias. The human analysts look at the news content and score it based on their methodology. The Media Bias Chart of Ad Fontes Media functions as the reference product for consumers and educators. Vanessa Otero founded Ad Fontes Media in 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000, and the funds will be used for hiring analyst staff, business development and customer support, and software and database development. Ad Fontes Media is one of the most trusted and recognized news rating organizations and is growing 370% year-over-year.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$19,984

$42,759

COGS

$2,920

$4,512

Tax

$5,058

$0

 

 

Net Income

$-40,162

$19,886

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$529

$19,242

Accounts Receivable

$1,651

$0

Total Assets

$8,207

$26,066

Short-Term Debt

$13,374

$13,374

Long-Term Debt

$0

$0

Total Liabilities

$13,374

$13,374

Financials as of: 08/31/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Ad Fontes Media 10/05/2022 Wefunder $8,249,573 $226,032 Equity - Preferred Funded RegCF
Ad Fontes Media 01/26/2021 Wefunder $5,000,000 $343,285 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

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Ad Fontes Media on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

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