Mesh Communities

Mesh Communities

Early Stage

Create content. Build community. Get paid.

Create content. Build community. Get paid.

Overview

Raised to Date: Raised: $214,425

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/11/2021

Close Date

04/30/2022

Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$6,000,000

Valuation Cap

$8,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$560

# of Investors

29

Momentum
Funded
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Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

AdTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Los Angeles, California

Business Type

High Growth

Mesh Communities, with a valuation cap of $8 million, is raising crowdfunding on Wefunder. The social media platform allows communities and users to reimagine digital advertising. The users get to become the owners of their content, privacy, safety, and relationships. Jess Wise and Cliff Atkinson founded Mesh Communities in March 2019. The current crowdfunding raise has a minimum target of $100,000 and a maximum target of $1,070,000, and the proceeds will be used for marketing, research, hiring additional engineers, and expanding the community. Mesh Communities works on an ethical business model and incentivizes trust and safety to reduce violence, hate, and wrong information.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$30,989

$0

 

 

Net Income

$-133,073

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$17,007

$0

Accounts Receivable

$0

$0

Total Assets

$17,007

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/11/2021
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Mesh Communities on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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Warning: according to the close date for this deal, Mesh Communities may no longer be accepting investments.

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