TipSnaps on SeedInvest

Social media platform that allows influencers to sell exclusive content directly to their fans.


Key Stats

Minimum Raise

$25,000

Maximum Raise

$500,000

Likelihood of Max Unlikely
Start Date

08/27/2019

Stop Date

10/14/2019

Days Remaining

Closed

Security Type

Convertible Note

Investment Minimum

$1,000

Deal Type

Deal to Watch


Investment Summary

Status

Disappeared

# of Investors

Not Known

% of Minimum Raised

N/A

% of Maximum Raised

N/A

Dollars Per Day to Reach Max

N/A

DPD* Committed

N/A

DPD* Category

$0

DPD* All Companies

$1,285

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

TipSnaps, with a valuation cap of $3.5 million, is raising funds on SeedInvest. The platform of TipSnaps allows social media content creators and influencers to monetize their content directly by selling it to their fans. Thus, social media influencers can monetize their followership through a subscription business. TipSnaps was founded by Lyonel Doug, and the company is currently fully bootstrapped by the founder. The current crowdfunding round has a minimum target of $150,000 and a maximum target of $500,000. TipSnaps has already reached profitability in 2018, with more than 279,000 users growing at a month-over-month rate of about 30%.

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