Fanbase

Neutral
BETA

Subscription Social Media

Analytics

Raised to Date: $1,069,396

Aggregate Commitments $
Platform

StartEngine

Start Date

11/02/2020

Close Date

04/28/2021

Min. Goal

$10,000

Max. Goal

$1,069,996

Min. Investment

$256

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$20,000,000

Weekly Commitments $
Status

Active

Reporting Date

02/24/2021

Days Remaining

62

% of Min. Goal

10,694%

% of Max. Goal

100%

Likelihood of Max
Avg. Daily Raise

$9,381

# of Investors

4,487

Momentum
Location

Atlanta, Georgia

Industry

Consumer Products, Goods & Services

Tech Sector

MediaTech

Distribution Model

B2B2C

Margin

High

Capital Intensity

Low

Business Type

High Growth

Fanbase, with a pre-money valuation of $20 million, is raising funds on StartEngine. It is a subscription-based social media network that allows users to monetize their content and earn. The users can either grow organically for free or pay for a subscription to exclusive content. Isaac Hayes III founded Fanbase in October 2019. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $1,069,996, will be used to put out more content, engage with the community, and generate more revenue. Fanbase is building a new ecosystem and combining the social network and monetization platforms. It already has over 12,700 organic users and a 227% user growth in the first year of its launch.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$12,616

$0

COGS

$7,300

$0

Tax

$0

$0

 

 

Net Income

$-37,657

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$8,238

$35,895

Accounts Receivable

$0

$0

Total Assets

$8,238

$35,895

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Ratings

last updated 02/25/2021

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.

Analyst Report

Neutral
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Cadi on StartEngine

In recent years, many experts felt that golf was a declining sport. It’s been 15 years since U.S.…

Crowd
StorEn Technologies on StartEngine

Every year, the need for higher quality battery and storage technologies grows. Global energy demand is on the…

Pro
Dan Clark Audio on StartEngine

The Dan Clark Audio team has been selected as a “Deal to Watch” by KingsCrowd. This distinction is…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Fanbase on StartEngine
Follow company
Follow Fanbase on StartEngine