SongVest on Dealmaker Securities 2022

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SongVest on Dealmaker Securities 2022


Platform

Dealmaker Securities

Valuation Cap

$20,000,000

Reporting Date

09/28/2022

Probability of Max

Momentum

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Location

Raleigh, North Carolina

Business

Monetary & Insurance coverage Merchandise & Providers

SongVest, with a valuation of $20 million, is elevating funds on Dealmaker Securities. It’s a music market that permits followers and buyers to buy fractional shares of royalties from their favourite songs and artists. The customers get to view SongShares, assessment public sale particulars and monetary highlights, and place their bids. SongVest is just not solely an funding platform but additionally a central hub for music followers to assist enhance streaming and different income streams of artists and file labels. Sean Peace and Alexander Guiva based SongVest in March 2021. The present crowdfunding marketing campaign has a minimal goal of $50,000 and a most goal of $5 million. The marketing campaign proceeds will likely be used for the acquisition of music royalty property.

Abstract Revenue and Loss Assertion

Income

$204,092

$0

COGS

$703,425

$0

Tax

$0

$0

 

 

Web Earnings

$-503,716

$0

Abstract Stability Sheet

Money

$239,624

$0

Accounts Receivable

$97,206

$0

Complete Belongings

$459,023

$0

Brief-Time period Debt

$288,151

$0

Lengthy-Time period Debt

$0

$0

Complete Liabilities

$288,151

$0

Financials as of: 08/03/2022

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Elevate Historical past

SongVest 09/12/2023 Self Managed $20,000,000 $0 SAFE
Energetic
RegA+
SongVest 08/02/2023 Dealmaker Securities $20,000,000 $0 SAFE
Energetic
RegCF

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