Mevo Inc. on Wefunder

The world's only camera designed for live streaming events

Raise to date: $778,068

Reporting Date: 05/27/2020

Key Stats

Minimum Raise

$200,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

03/25/2020

Stop Date

05/22/2020

Days Remaining

Closed

Security Type

Preferred Stock

Investment Minimum

$500

Deal Type

Top Deal


Investment Summary

Status

Confirmed Closed

# of Investors

846

% of Minimum Raised

389%

% of Maximum Raised

73%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$13,415

DPD* Category

$0

DPD* All Companies

$958

Kingscrowd Momentum

$778,068

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Mevo, with a pre-money valuation of $12 million, is raising funds on WeFunder. The company has made the world’s first and only camera for live streaming events, including personal events like weddings and gaming and professional events like classrooms, conferences, and red carpets. The Mevo camera is affordable and of high quality. Mevo was founded by Max Hoat in 2019 and has raised over $3.5 million since its inception. The proceeds of the current crowdfunding round, with a minimum target of $200,000 and a maximum target of $1,070,000, will be used to start the manufacturing of Mevo Start and fund team and operations expenses. Mevo has already sold over 90,000 cameras and generated $5.9 million in revenues in 2019.

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