Vampr

Neutral
BETA

The largest music social network is about to become a LinkedIn for all creatives

Analytics

Raised to Date: $525,802

Aggregate Commitments $
Platform

Wefunder

Start Date

08/28/2019

Close Date

01/16/2020

Min. Goal

$100,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Valuation

$6,750,000

Weekly Commitments $
Status
Funded
Reporting Date

02/02/2020

Days Remaining
Funded
% of Min. Goal

526%

% of Max. Goal

49%

Likelihood of Max
Funded
Avg. Daily Raise

$3,729

# of Investors

1,181

Momentum
Funded

Vampr, with a valuation cap of $7.5 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 $100,000 and a maximum goal of $1,070,000, 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 4 million professionals across 198 countries and targets to reach 10 million users and $3 million in revenues by the first quarter of 2021.

Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
02/05/2021 Wefunder $9,600,000 $191,532 Equity - Preferred Active RegCF
01/16/2020 Wefunder $6,750,000 $525,802 SAFE Confirmed Closed RegCF

Analyst Report

Neutral
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