COMMUNITYx

COMMUNITYx

Early Stage

Unite Humanity. Mobilize the World.

Unite Humanity. Mobilize the World.

Overview

Raised to Date: Raised: $98,622

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/27/2020

Close Date

11/26/2020

Min. Goal
$9,999
Max. Goal
$1,070,000
Min. Investment

$150

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$6,202,500

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,096

# of Investors

186

Momentum
Funded
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Year Founded

2018

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

San Jose, California

Business Type

Growth

COMMUNITYx, with a $6.2 million pre-money valuation, is raising funds on StartEngine. It is a coalition-building platform that unites like-minded individuals locally and globally. The algorithms of COMMUNITYx platform understand what people are passionate about and form real connections between them to bring about real changes. Chloe Sledd founded COMMUNITYx in 2018. The current crowdfunding campaign has a minimum raise of $9,999 and a maximum raise of $1,069,999.50. COMMUNITYx’s data points, including who people are, where they are, and what they care about, are suitable to bring about positive social and political changes. The platform has quadrupled monthly user growth between June and July of 2020.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-90,180

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$149

$30

Accounts Receivable

$0

$0

Total Assets

$149

$30

Short-Term Debt

$3,333

$0

Long-Term Debt

$0

$0

Total Liabilities

$3,333

$0

Financials as of: 08/27/2020
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COMMUNITYx on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,202,500
Price per Share: $1.50

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Warning: according to the close date for this deal, COMMUNITYx may no longer be accepting investments.

COMMUNITYx Deal Report

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  • Detailed price, market, team, differentiators, performance, and risk ratings
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  • Scores on the founding team and key personnel's background and expertise

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