Beacons

Neutral
BETA

Helping creators build the businesses of tomorrow

Analytics

Raised to Date: $200,000

Aggregate Commitments $
Platform

Republic

Start Date

02/10/2021

Close Date

04/30/2021

Min. Goal

$25,000

Max. Goal

$200,000

Min. Investment

$50

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$20,000,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

03/03/2021

Days Remaining

57

% of Min. Goal

800%

% of Max. Goal

100%

Likelihood of Max
Avg. Daily Raise

$9,524

# of Investors

277

Momentum
Location

San Francisco, California

Industry

Business Services, Software, & Applications

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

High Growth

Beacons, with a $20 million valuation cap, is raising crowdfunding on Republic. The company helps people build their ‘link in bio’ websites for TikTok and Instagram. It assists the creators in monetizing their audiences  and connect their followers to the monetization platforms. David Zeng, Jesse Zhang, Greg Luppescu, and Neal Jean founded Beacons in January 2019. The proceeds of the current crowdfunding raise, with a minimum raise of $25,000 and a maximum raise of $200,000, will be used to accelerate product development and increase the monthly recurring revenue. Beacons has over 1,500 new signups every day without any paid marketing, and 95% of the new users have been acquired through viral growth loops.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$368

$0

COGS

$55

$0

Tax

$0

$0

 

 

Net Income

$-123,248

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$602,260

$0

Accounts Receivable

$5,000

$0

Total Assets

$623,624

$0

Short-Term Debt

$11,889

$0

Long-Term Debt

$0

$0

Total Liabilities

$11,889

$0

Ratings

last updated 03/04/2021

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