Aro Lucha Animation & Entertainment

Aro Lucha Animation & Entertainment

Early Stage

The World's First Fan Owned Lucha Libre Sports & Entertainment Company.

The World's First Fan Owned Lucha Libre Sports & Entertainment Company.

Overview

Raised to Date: Raised: $435,601

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/22/2021

Close Date

04/23/2023

Min. Goal
$50,000
Max. Goal
$535,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Early Bird Valuation

$2,364,448

Pre-Money Valuation

$3,152,330

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2023

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

$896

# of Investors

911

Momentum
Funded
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Year Founded

2017

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Franklin, Tennessee

Business Type

Growth

Aro Lucha Animation & Entertainment, with a valuation of $3.15 million, is raising funds on Wefunder. The animation and entertainment studio is passionate about ethical, kids, and family entertainment and is focused on the Hispanic and Latino communities. The animation partner of Aro Lucha Animation & Entertainment, Pencilish Animation Studios, is made of a strong team with former Disney, Sony, and Warner Brothers animators. Ron Harris founded Aro Lucha Animation & Entertainment in October 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $535,000. The campaign proceeds will be used for marketing and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-30,458

$-51,504

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$396

$203

Accounts Receivable

$0

$0

Total Assets

$23,948

$26,472

Short-Term Debt

$311,929

$283,997

Long-Term Debt

$0

$0

Total Liabilities

$311,929

$283,997

Financials as of: 12/22/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Aro Lucha Animation & Entertainment 04/22/2023 Wefunder $3,152,330 $435,601 Equity - Preferred Funded RegCF
Aro Lucha 07/24/2018 Wefunder $9,480,000 $135,348 Equity - Common 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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Aro Lucha Animation & Entertainment on Wefunder 2021
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $3,152,330
Price per Share: $1.00

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