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: $92,070

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/09/2022

Close Date

02/07/2023

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

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$12,800,000

Valuation Cap

$13,800,000

Discount

7%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2023

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

$509

# of Investors

32

Momentum
Funded
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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

World Illustrated, with a valuation of $13.8 million, is raising funds on Wefunder. The company has developed an innovative and disruptive platform that combines publishing, e-commerce, and social media. The platform functions as a web publisher along with content licensing and merchandising functionalities. World Illustrated has 15 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 $250,000. The campaign proceeds will be used for the development of social media functionality, enhancements to Phase 1 software and functionality, and editorial staff.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-23,440

$-42,682

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$213

$-13

Accounts Receivable

$0

$0

Total Assets

$193,268

$56,418

Short-Term Debt

$0

$0

Long-Term Debt

$259,280

$99,000

Total Liabilities

$259,280

$99,000

Financials as of: 08/09/2022
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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

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World Illustrated on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $13,800,000

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