Crossflix Plus
Early Stage
Crossflix Plus is a VR/3D Streaming Faith Channel for Churches and Families
Overview
Raised: $111,880
Total Commitments ($USD)
Platform
Wefunder
Start Date
01/31/2021
Close Date
08/31/2021
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$8,000,000
Valuation Cap
$10,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/04/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$530
# of Investors
77
Momentum
Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Crossflix Plus, with a $10 million valuation cap, is raising crowdfunding on Wefunder. It is a virtual reality/3D streaming faith channel for families and churches. The channel has over 1,700 hours of video on demand and has partnered with over 10,000 churches and pastors. Alan Mehrez, Gil Ilutowich, Ilan Goldberg, and Shai Newman founded Crossflix Plus in August 2020. The proceeds of the current crowdfunding raise, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used for development and marketing. Crossflix Plus offers 3D and VR courses, games, and journeys for all ages. It aims to equip churches with modern digital technology to help them reach new generations across the world.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 01/31/2021
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