Vampr

Neutral
BETA

Bring live streaming to the world's largest professional network for creatives

Analytics

Raised to Date: $590,340

Aggregate Commitments $
Platform

Wefunder

Start Date

10/16/2020

Close Date

02/05/2021

Min. Goal

$50,015

Max. Goal

$577,606

Min. Investment

$250

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$9,600,000

Weekly Commitments $
Status

Active

Reporting Date

01/24/2021

Days Remaining

9

% of Min. Goal

1,180%

% of Max. Goal

102%

Likelihood of Max
Avg. Daily Raise

$5,903

# of Investors

601

Momentum
Location

Santa Monica, California

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Vampr, with a pre-money valuation of $9.6 million, is raising crowdfunding on WeFunder. Vampr is the social network for musicians and is set to become the LinkedIn of all creative people. The application allows musicians all over the world to connect and collaborate with one another and has plans to open it up to other creatives including filmmakers, fashion designers, and animators. Vampr was founded by Josh Simons and Baz Palmer in 2015. The current crowdfunding round of Vampr has a minimum goal of $50,015 and a maximum goal of $577,606, and the funds will be used for app development, sales and working space, marketing, IT operational, and administrative services. Vampr has already facilitated the connection of over 6 million professionals across over 190 countries and targets to reach 10 million users and $3 million in revenues by the first quarter of 2021.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$17,000

$93,494

COGS

$17,417

$69,403

Tax

$0

$922

 

 

Net Income

$-320,885

$-268,427

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$357,045

$28,282

Accounts Receivable

$13,559

$67,292

Total Assets

$453,966

$293,860

Short-Term Debt

$122,539

$66,548

Long-Term Debt

$156,080

$0

Total Liabilities

$278,619

$66,548

Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
02/05/2021 Wefunder $9,600,000 $590,340 Equity - Preferred Active RegCF
01/16/2020 Wefunder $6,750,000 $525,802 SAFE Confirmed Closed RegCF

Ratings

last updated 01/26/2021

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Analyst Report

Neutral
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
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