Connection Publishing on Mr. Crowd

A community magazine company

Raise to date: $100

Reporting Date: 08/09/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

06/22/2020

Stop Date

12/31/2020

Days Remaining

142

Security Type

Common Stock

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

Not Known

% of Minimum Raised

1%

% of Maximum Raised

N/A

Dollars Per Day to Reach Max

$753

DPD* Committed

$2

DPD* Category

$0

DPD* All Companies

$1,856

Kingscrowd Momentum

$100

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Connection Publishing, with a pre-money valuation of $2.4 million, is raising funds on Mr. Crowd. It is a magazine company that works with cities to replace their traditional newsletters with full-featured news magazines. The magazines carry the official news of the city, in addition to engaging stories from the local community. Connection Publishing was founded by Melissa Spelts and Ryan Spelts in 2016. The current round of crowdfunding of the company has a minimum goal of $10,000 and a maximum goal of $107,000. The proceeds will be used to expand to new cities and communities. Connection Publishing has been profitable in the past two fiscal years, with revenue growth of 57% in 2018. The company is creating connections in the communities, in addition to providing the news and important information.

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