Connection Publishing on Mr. Crowd

Creating connection in our communities

Raise to date: $9,350

Reporting Date: 03/31/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$600,000

Likelihood of Max Unlikely
Start Date

05/16/2019

Stop Date

12/31/2020

Days Remaining

Closed

Security Type

Other Security Type

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

15

% of Minimum Raised

19%

% of Maximum Raised

2%

Dollars Per Day to Reach Max

$2,180

DPD* Committed

$29

DPD* Category

$0

DPD* All Companies

$894

Kingscrowd Momentum

$9,350

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Connection Publishing, a community magazine company with a pre-money valuation of $2.4 million, is raising funds on Mr Crowd. The company partners with cities to replace conventional newsletters with its full-featured news magazines that carry official city news, and other interesting stories. The community news magazines of Connection Publishing also contain restaurant highlights, recipes, local history, local hiking trails, and other local information. Connection Publishing was founded by Melissa Spelts and Ryan Spelts in July 2016. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $600,000, will be used to open new magazines and serve more communities. Connection Publishing has been profitable in the past two fiscal years and reported revenues of over $300,000 in 2018, up 57% compared to the prior year.

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