Ad Fontes Media

BETA

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

Analytics

Raised to Date: $89,687

Aggregate Commitments $
Platform

Wefunder

Start Date

09/01/2020

Close Date

12/02/2020

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$5,000,000

Discount Rate

15%

Weekly Commitments $
Status

Active

Reporting Date

09/20/2020

Days Remaining

71

% of Min. Goal

179%

% of Max. Goal

36%

Likelihood of Max
Avg. Daily Raise

$4,720

# of Investors

130

Momentum
Location

Westminister, CO

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

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

Ratings

last updated 09/21/2020

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