Altair

A mental wellness-focused live streaming service for all types of creators

Analytics

Raised to Date: Raised: $100,137

Aggregate Commitments $
Platform

Wefunder

Start Date

07/20/2021

Close Date

04/30/2022

Min. Goal

$100,000

Max. Goal

$2,500,000

Min. Investment

$100

Security Type

Revenue Share

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $
Status

Active

Reporting Date

07/28/2021

Days Remaining

276

% of Min. Goal

100%

% of Max. Goal

4%

Likelihood of Max
likely
Avg. Daily Raise

$12,517

# of Investors

92

Momentum
cold
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Location

West Hollywood, California

Industry

Media, Entertainment & Publishing

Tech Sector

EnterpriseTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Altair, a mental wellness-focused live streaming service, is raising funds on Wefunder. The platform aims to make content creation a more mentally healthy industry by focusing more on transparency, mindfulness, safety, consent, identity, and eventuality. All the features built aim to be mindful of the overall health of creators. Bryan Veloso founded Altair in July 2020. The current crowdfunding campaign has a minimum goal of $100,000 and a maximum goal of $2,500,000, and the proceeds will be used towards bringing members of the founding team on full-time, extending operations runway, and third-party CDN costs. Altair is led by an experienced team and focused on the safety and wellbeing of creators and their communities.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-22,185

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$28,703

$0

Accounts Receivable

$0

$0

Total Assets

$28,703

$0

Short-Term Debt

$124

$0

Long-Term Debt

$50,764

$0

Total Liabilities

$50,888

$0

Financials as of: 07/20/2021
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