DreamItReel

DreamItReel

Early Stage

The All-In-One solution for premium video content creation at scale

The All-In-One solution for premium video content creation at scale

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

SeedInvest

Start Date

01/09/2020

Close Date

02/23/2020

Min. Goal
$25,000
Max. Goal
$1,000,000
Min. Investment

$1,000

Security Type

Convertible Note

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap

$4,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

02/22/2020

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

2014

Industry

Business Services, Software, & Applications

Tech Sector

Location

New York, New York

DreamItReel, with a valuation cap of $4 million, is raising funds on SeedInvest. The company provides video-centric solutions to businesses through its pre-creation tools, creation marketplace, and post-creation tools. The business model involves a subscription fee or a percentage of sales on videos created on its platform. DreamItReel was founded by Ravid Razak in 2015 and raised $116,000 in its pre-seed round of financing. The current round of crowdfunding has a minimum goal of $300,000 and a maximum goal of $1,000,000, and the proceeds will be used for platform development, marketing, business development, and rent. DreamItReel has remained profitable in 2017 and 2018, with a total net income of over $297,000 and a gross profit margin of 68% in 2018.
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DreamItReel on SeedInvest
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $4,000,000

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