Frame
Reinventing the news with mobile-first, interactive documentaries
Analytics
Raised to Date: $64,000
Aggregate Commitments $
SeedInvest
09/03/2020
10/23/2020
$25,000
$107,000
$1,000
Convertible Note
RegCF / RegD 506(C)
Pre-Seed
$4,000,000
20%
Weekly Commitments $
11/01/2020
256%
60%
$1,280
Brooklyn, New York
Media, Entertainment & Publishing
MediaTech
B2B/B2C
Medium
Low
Frame, with a valuation cap of $5 million, is raising crowdfunding on SeedInvest. It is a mobile media company that publishes interactive documentaries in an immersive format. The stories of Frame are short documentaries in a narrative non-fiction style. Ben Moe founded Frame in June 2019 and has raised over $150,000 in the pre-seed round of funding. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $107,000, and the funds will be used towards the product, marketing, editorial, services and software, and general and administrative expenses. Frame has received the Best New Brand Award at the 2020 Digiday Media Awards and has received press coverage from notable publications.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$4,115 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-168,583 |
$0 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$122,342 |
$0 |
Accounts Receivable |
$1,451 |
$0 |
Total Assets |
$126,482 |
$0 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$125,000 |
$0 |
Total Liabilities |
$125,000 |
$0 |
Summary of Crowdfunding Raises
Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
10/23/2020 | SeedInvest | $4,000,000 | $64,000 | Convertible Note | Confirmed Closed | RegCF |
03/23/2020 | SeedInvest | $5,000,000 | $0 | Convertible Note | Disappeared | RegCF |
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