ChaseArt
Early Stage
Knowledge, technology, and fractionation of property
Overview
Raised: $0
Total Commitments ($USD)
Platform
Fundme
Start Date
01/14/2021
Close Date
04/18/2021
Min. Goal
$500
Max. Goal
$25,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
Uncapped
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/17/2021
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
2020
Industry
Arts & Crafts
Tech Sector
Fintech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
ChaseArt, an online art gallery, is raising crowdfunding on FundMe. The platform allows people to buy fractions of artworks, specifically lost or worn-out artworks. The company has partnerships with doctors and masters linked to European museums and universities and has contracts with artwork owners in Europe and Africa. Jose Nicomedes Moreira founded ChaseArt in March 2020. The proceeds of the current crowdfunding campaign, with a minimum raise of $25,000 and a maximum raise of $1,070,000, will be used for general marketing, research and development, equipment purchases, technology development, and other accrued expenses. ChaseArt is led by an experienced team with more than 15 years of involvement in the art market.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$35,500 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-4,660 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$355 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$355 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 01/14/2021
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