DreamItReel on SeedInvest

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

Raise to date: $11,100

Reporting Date: 01/22/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,000,000

Likelihood of Max Unlikely
Start Date

01/10/2020

Stop Date

02/28/2020

Days Remaining

33

Security Type

Convertible Note

Investment Minimum

$1,000

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

Not Known

% of Minimum Raised

44%

% of Maximum Raised

1%

Dollars Per Day to Reach Max

$29,967

DPD* Committed

$925

DPD* Category

$0

DPD* All Companies

$1,100

Kingscrowd Momentum

$11,100

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

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.

INVEST NOW