Subverse

Subverse

Early Stage

A community-owned, decentralized news network

A community-owned, decentralized news network

Overview

Raised to Date: Raised: $1,070,000

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/30/2019

Close Date

08/08/2019

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

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

25%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/06/2019

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

$133,750

# of Investors

2,421

Momentum
Funded
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Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

Location

South Norwalk, Connecticut

Subverse, with a valuation cap of $15 million, is raising crowdfunding on WeFunder. The company runs a decentralized news network that is focused on providing good-faith coverage of global issues in the form of balanced reporting. Subverse produces about four new videos per week, covering global and national topics with utmost honesty and integrity. Subverse was founded by Timothy Pool and Emily Molli in 2019. The current crowdfunding round of the company has a minimum target of $100,000 and a maximum target of $1,070,000, and the funds will be used for hiring, marketing, technology development, and business development. Subverse already has over 130,000 subscribers and garners over 2.7 million views per month.
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Subverse on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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

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