Psychics1on1
Early Stage
Digitizing the psychic industry
Overview
Raised: $0
Total Commitments ($USD)
Platform
StartEngine
Start Date
12/28/2020
Close Date
03/21/2021
Min. Goal
$9,999
Max. Goal
$499,995
Min. Investment
$248
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$4.50
Early Bird Valuation
$3,600,000
Pre-Money Valuation
$4,500,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/20/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2020
Industry
Education, Training, & Coaching
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Psychics1on1, with a pre-money valuation of $4.5 million, is raising crowdfunding on StartEngine. The company is building a technology-driven platform for psychics to grow their businesses and for the customers to find and engage with psychics. Robert Earl founded Psychics1on1 in June 2020. The proceeds of the current crowdfunding round, with a minimum goal of $9,999 and a maximum goal of $499,995, will be used for marketing and expansion. Psychics1on1 has already created a digital platform and developed business tools. The company is focused on revolutionizing the stagnant industry of psychics and return the power to individual professionals. The customers will be able to engage with top-rated online psychics simply and transparently.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$66 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-875,954 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$4,042 |
$0 |
|
Short-Term Debt |
$879,996 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$879,996 |
$0 |
Financials as of: 12/28/2020
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