Frame

Frame

Reinventing the news with mobile-first, interactive documentaries

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Security Type
SWIFT
Categories
Media
Location
Brooklyn, NY
Offering Date
September 03, 2020
Expected Close Date
October 30, 2020
Target Raise
$25.00K-$107.00K
Deal Notes

Conversion Discount: 20.0%

Interest Rate: 5.0%

Note Term: 24 Months

Company Description

Frame is a media company made for the mobile era. We publish riveting documentaries in an immersive, interactive format made for mobile phones - helping new generations forge a deeper connection with the news.

Key Deal Facts

Awarded Best New Brand at the 2020 Digiday Media Awards
Graduated and received investment from Snap Inc.’s Yellow Accelerator
Frame stories have an average watch time of more than 5:00 minutes (based on 9 documentaries published to date), which is 18x+ the 0:17 second average watch time for a video on the Facebook newsfeed (based on 2017 data)
Angel investors include co-founder of Twitter, Biz Stone
Press coverage from notable publications including TechCrunch, Poynter, and Journalism.co.uk

Use of Proceeds

  • Editorial
  • Product
  • Marketing
  • Branded
  • General & Admin
  • Services/Software

Deal Notes

Conversion Discount: 20.0%

Interest Rate: 5.0%

Note Term: 24 Months

Amount Raised : $0
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Valuation

Security Description

A SWIFT (Simple Weighted Incentive For Time) is a term SeedInvest uses to describe offerings that add an incentive or “time-based discounts” for early investors.

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