Revohloo

Revohloo

Early Stage

Interactive Music Video Technology.

Interactive Music Video Technology.

Overview

Raised to Date: Raised: $33,641

Total Commitments ($USD)

Platform

Netcapital

Start Date

09/30/2021

Close Date

04/29/2022

Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.24

Pre-Money Valuation

$12,070,800

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

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

$160

Momentum
Funded
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Year Founded

2017

Industry

Media, Entertainment & Publishing

Tech Sector

AdTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Las Vegas, Nevada

Business Type

Growth

Revohloo, with a valuation of $12.07 million, is raising funds on NetCapital. The company has created a revolutionary music video technology that provides engaging experiences for fans and creates value for artists. The business model of Revohloo favors the compensation of music rights-holders, artists, and advertisers. Revohloo is powered by AdDefender that stitches advertisements into an interactive music video, and delivers one packet to the viewers. Glen DeBarros and Gerardo Melendrez founded Revohloo in March 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for app development, marketing, content development, accounting, office expenses, and salaries.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$7,241

$-5,806

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$580

$0

Accounts Receivable

$0

$0

Total Assets

$14,937

$3,696

Short-Term Debt

$0

$0

Long-Term Debt

$76,873

$76,873

Total Liabilities

$76,873

$76,873

Financials as of: 09/30/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Revohloo 04/25/2024 Netcapital $18,112,101 $39,803 Equity - Common Active RegCF
Revohloo 04/28/2022 Netcapital $12,070,800 $33,641 Equity - Common Funded RegCF
Revohloo 06/24/2018 StartEngine $33,697,650 $2,927 Equity - Common Not 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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Revohloo on NetCapital 2021
Platform: Netcapital
Security Type: Equity - Common
Valuation: $12,070,800
Price per Share: $0.24

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Follow Revohloo on NetCapital 2021

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