Fanbase offering is now closed and is no longer accepting investments.
INVEST IN FANBASE TODAY!
Subscription Social Media
$3,421,525.16 Raised
REASONS TO INVEST
Over 12.7K organic users and 227% user growth in our first year.
An average margin of over 90%, which we anticipate will increase as we scale.
A team of seasoned techies, developers, and creatives determined to alter the social media landscape and pay creators what they’re worth.
ABOUT
HEADQUARTERS
976 Jefferson St. NW Suite I
Atlanta, GA 30318
WEBSITE
View Site
Fanbase is a new subscription-based social network that is helping users monetize their content and earn revenue while also increasing authentic user engagement. Users can grow their following organically with the ability to follow each other for free on the platform, with the option to pay for a subscription to exclusive content at an increased rate, helping users monetize their followings unlike on other platforms.
TEAM
Isaac Hayes III
Chief Executive Officer
He is a veteran songwriter-producer from Atlanta, Ga., As well as President and C.E.O of Isaac Hayes Enterprises, his late father Isaac Hayes’ estate. His broad catalog of writing, producing, and licensing music for TV and film, his extensive experience in social media marketing, and his passion for African American entrepreneurship led him to develop Fanbase.
As CEO of Fanbase, Isaac is the driving force behind the platform's development and future path.
Ramiro Canovas
Chief Technology Officer
ConsultR empowers organizations to reinvent themselves through creativity, technology, and innovation. His company has helped businesses like Taco Bell, FITTS, Heineken, and Pet Releaf to reach their customers through artfully crafted experiences.
In his role as Chief Technology Officer at Fanbase, he handles all the technology layers of the platform from development to integrations to data analytics. He is a former professional soccer player and avid fan.
Federico Cardinali
Dev Leader
Santiago Nogues
Creative Director
Julian Bravo
Coordinator
TERMS
Fanbase
Overview
PRICE PER SHARE
$4
DEADLINE
Jun 28, 2021
VALUATION
$20M
AMOUNT RAISED
$3,421,525.16
Breakdown
MIN INVESTMENT
$256
MAX INVESTMENT
$107,000
MIN NUMBER OF SHARES OFFERED
2,500
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Class B Non-Voting Common Stock
MAX NUMBER OF SHARES OFFERED
875,000
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Fanbase Social Media, Inc. |
Corporate Address | : | 976 Jefferson St. NW Suite I, Atlanta, GA 30318 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $3,500,000.00 |
Minimum Investment Amount(per investor) | : | $256.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Class B Non-Voting Common Stock |
Minimum Number of Shares Offered | : | 2,500 |
Maximum Number of Shares Offered | : | 875,000 |
Price per Share | : | $4.00 |
Pre-Money Valuation | : | $20,000,000.00 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based:
Friends and Family Early Birds
Invest within the first 48 hours and receive additional 15% bonus shares
Super Early Bird Bonus
Invest within the first week and receive additional 10% bonus shares
Early Bird Bonus
Invest within the first two weeks and receive an additional 5% bonus shares
Amount-Based Perks:
$500+ | Bronze Tier
Early Access to new Fanbase features on the platform and 10,000 loves to use on Fanbase.
$1,000+ | Silver Tier
Early access to new Fanbase features on the platform, a verified profile, and 20,000 loves to use on Fanbase.
$2,500+ | Gold Tier
Early access to new features on the platform, a verified profile, and 30,000 loves to use on Fanbase.
$5,000+ | Platinum Tier
5% bonus shares, early access to new features on the platform, a verified profile, and 50,000 loves to use on Fanbase.
$10,000+ | Diamond Tier
10% bonus shares, early access to new features on the platform, early adopter profile badge, 75,000 loves, and access to a private dinner for Diamond level investors with Founder and Executive Team. *Transportation and lodging not included.
*All perks occur when the offering is completed.
The 10% Bonus for StartEngine Shareholders
Fanbase Social Media, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Non-Voting Common Stock at $4.00 / share, you will receive 110 shares of Class B Non-Voting Common Stock, meaning you'll own 110 shares for $4.00. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
ALL UPDATES
10.05.22
We've Raised Over $550,000 In 11 Days! Invest Now!
In our first 11 days of our last campaign on StartEngine we've brought in over $550,000 in committed investment. Thank You to all out new and returning investors! Invest now at startengine.com/fanbase to own equity a social media platform you can simultaneously use!
We Love Our Investors!
Isaac
09.30.22
We've Raised over $375,000 In 7 Days! THANK YOU! 🥳
AMAZING! This first 7 days of our final Reg CF Campaign on StartEngine has brought in more than $375,000 in committed investment!
We want to thank all of you for your support and belief in what we continue to build! This has been a company changing moment to give you, the user the opportunity to invest in and own a part of Fanbase.
Remember, this is the LAST time you will have a chance to invest in Fanbase in a Reg CF campaign. This last round closes at $2.5 million dollars.
If you want to invest, now is the time.
Thank You All! 🥳
- Fanbase
09.28.22
We've Raised over $100,000 In 4 Days. Thank You!
Hey Fanbase Investors!,
Our 3rd and Final Reg CF Campaign on StartEngine is off to an amazing start! We've already raised $116,000 in committed funds!
Thank you to all our new and returning investors! We have been honored to offer equity in social media to the users that give the platform their value, You!
You are the biggest asset in our success! Tell a friend, your family and anyone you think would want to invest to do so now.
We begin our press run for this campaign today! Also CHECK YOUR EMAIL and START ENGINE PROFILE FOR UPDATES.
Make sure your investment is ACCEPTED and CONFIRMED. If you aren't sure contact Investor Support for help.
Again, Thank you for believing in Fanbase. Onward to our next milestone of $150,000!
Isaac Hayes III - Founder / CEO
09.23.22
Invest In Fanbase! New Round Open Today!
Greetings Everyone !
We are excited to announce our 3rd raise on StartEngine and your chance to become a Fanbase investor.
We have launched a new StartEngine campaign to give you the users the opportunity at having equity in the social media apps you use.
Our Development Accomplishments in 2022 include:
Flickz, our short form video editor launched on February 16th, 2022.
Fanbase Audio 2.0, drop in audio chat launched on April 13th, 2022.
TikTok Migration Functionality launched on June 23rd, 2022.
Fanbase Audio Exclusive Subscriber Rooms launched on July 21st, 2022.
New Unlimited Subscriptions Functionality launched on August 8th, 2022
With this new round we plan on:
Invest in creative marketing strategies to ignite user growth.
Continue developing products to bring disruptive monetization tools.
Keep supporting our path to Series-A and future self-sustainability.
Improve our patent and legal coverage to gain a competitive advantage around the world and protect our brand.
Thank you for your belief and continued support of Fanbase and the future of social media! 🥳
Invest now at StartEngine.com/fanbase
#FanbaseSE3 #Fanbase
01.19.22
We've Raised Over $1 Million Dollars In 3 Weeks! Thank You! 🥳
The second round of investing in Fanbase is on pace to close in less than 2 weeks!
First off, thank you to all our new and returning investors for believing in our vision. We have several new products launching in then coming weeks we can't wait to share with you. A new update came out today with performance improvements and an all new look to our icon!
We have multiple live TV and radio interviews lined up the next week starting today. Bloomberg, Breakfast Club and more! Be on the lookout.
Again thank you for your belief in ownership and equity in social media!
09.10.21
Fanbase Grants Equity To 23-Member Creator Advisory Board. Bill Campbell Formerly Of TikTok/Bytedance Joins As Advisor To Help Launch Flickz, New Short-form Video Editor
Today, Fanbase, has granted equity to all 23 members of its Creator Advisory Board. The Creator Advisory Board was formed in response to the disparities and inequities rampant within the entire creator economy. As part of their role on the Board, creatives across the nation - especially Black creatives - will shape the design of Fanbase's new video function firsthand, specifically tailoring the feature to address the specific needs of creatives often left behind, or insufficiently compensated for their work in the digital space.
With input from the Creator Advisory Board, Fanbase announced the upcoming release of its new short-form video and music editor, Flickz, to its platform available later this fall. The new feature marks the latest development to come to the platform, allowing Fanbase users to record short video clips and augment in real-time their personal collections with filters, music and more.
"I'm grateful to have been part of the design process for Flickz," said popular social media influencer Ziggi Tyler. "The industry moves so quickly nowadays that it often leaves creators like us behind when it comes time for platforms to pay us and recognize us in the ways we deserve. I haven't experienced anything like what I've encountered at Fanbase, where a platform invests in us every step of the way - from tapping our voices in the early ideation stages of platform functions, to compensating us with robust stakes in the company. It's clear that consideration of the user guides every direction Fanbase takes as it continues to grow."
Supporting the creation of Flickz is Bill Campbell, who will serve as Music, Growth, and Flickz Development Advisor. Previously, Bill was an advisor to both TikTok and ByteDance. 
"Flickz is something the Fanbase team has worked on tirelessly to design - alongside creators themselves. It's a space where users can create content without the burden or worry of whether their work will be valued disproportionately compared to other creators," said Isaac Hayes III, Founder and CEO of Fanbase. "With Flickz, Fanbase is another step closer to becoming the equitable alternative in the social media landscape."
06.18.21
Update On Verification And Love Perks.
Greetings Valued Investors!
We wanted to give you an update on verifications and loves. As soon as the raise closes we will get a full list of every investor and your contact email. We will then be sending out emails to all investors that qualify for the perks. Once you receive your email please let us know what account username you would like to verify and upload love to.
Thank you so much for your patience and continued support of Fanbase!
Isaac
06.03.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Fanbase has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Fanbase be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
05.19.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Fanbase has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Fanbase be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
05.13.21
International Expansion Day! Fanbase now Avaiable In Canada, The U.K. and Austraila For Apple iOS!
Continuing with our growth and expansion path for Fanbase, we're happy to announce that Fanbase is now available in Canada, The UK, and Australia for iOS on the Apple App Store! 🇨🇦•🇬🇧•🇦🇺
We welcome our new international users to a new world of content monetization through photo, video, and audio.
Welcome to Fanbase!
Isaac
REWARDS
$256
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500
Bronze Tier
Early Access to new Fanbase features on the platform and 10,000 loves.
$1,000
Silver Tier
Early access to new Fanbase features on the platform and a verified profile and 20,000 loves.
$2,500
Gold Tier
Early access to new features on the platform and a verified profile and 30,000 loves.
$5,000
Platinum Tier
5% bonus shares, early access to new features on the platform, a verified profile, and 50,000 loves.
$10,000
Diamond Tier
10% bonus shares, early access to new features on the platform, early adopter profile badge, 75,000 loves, access to a private dinner for Diamond level investors with Founder and Executive Team. *Transportation and lodging not included.
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
Invest in over 200 start-ups and collectibles!
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
