Watch Party

Watch Party

Early Stage

The Watch Party app makes it easy for friends to connect and share their passion for TV.

The Watch Party app makes it easy for friends to connect and share their passion for TV.

Overview

Raised to Date: Raised: $50,187

Total Commitments ($USD)

Platform

Netcapital

Start Date

05/03/2020

Close Date

12/31/2021

Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$101

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.14

Pre-Money Valuation

$856,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/01/2022

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

$83

Momentum
Funded
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Year Founded

2017

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B

Margin

Low

Capital Intensity

Low

Location

Allston, Massachusetts

Business Type

Growth

Watch Party, with a post-money valuation of $963,000, is raising funds on NetCapital. It is an app that makes it easier for friends to share their passion for television and watch it together. Watch Party application helps users to find new shows, see what their friends are watching, and make recommendations to each other. Watch Party was founded by Chelinde Edouard in 2017. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $107,000, and the funds will be used towards app development. Watch Party offers a cross-platform TV guide to the users, inspired by their friends and family, and plans to generate revenue through advertising and monetizing user data.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-379

$-728

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$1,107

$728

Long-Term Debt

$0

$0

Total Liabilities

$1,107

$728

Financials as of: 05/03/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Watch Party 05/18/2023 Netcapital $5,033,408 $49,973 Equity - Common Funded RegCF
Watch Party 12/30/2021 Netcapital $856,000 $50,187 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Watch Party on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $856,000
Price per Share: $2.14

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