BitMovio

BitMovio

Early Stage

next-generation gamified video entertainment platform

next-generation gamified video entertainment platform

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Netcapital

Start Date

11/17/2019

Close Date

03/02/2020

Min. Goal
$10,002
Max. Goal
$500,001
Min. Investment

$101

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.60

Pre-Money Valuation

$6,461,975

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

02/18/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2018

Industry

Media, Entertainment & Publishing

Tech Sector

Location

Palo Alto, California

BitMovio, with a post-money valuation of $6.96 million, is raising funds on NetCapital. The BitMovio platform offers gamified video entertainment to next-generation users. The platform changes the way how content creators are paid, how content creators and users interact, and how attention is rewarded. The company follows a freemium business model. BitMovio was founded by Simon Zhu, Jerry Kowal, and Riz Virk in 2018 and has raised $1.2 million since its inception. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $500,001, and the proceeds will be used for research & development, marketing, user acquisition, content funding & partnership, and admin and operational expenses. BitMovio already has over 300 content creators and more than 14,000 registered users, with over 6,500 hours of content on the platform.
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BitMovio on Netcapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $6,461,975
Price per Share: $2.60

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