Hi. What are your revenue goals for the next 5 years? I'd like to get an idea of what kind of sales growth you are aiming to achieve year by year. Thanks.

Revenue 2020: $7.3M, 2021: $10.2M, 2022: $20.5M. 2023/2024 is not yet available.

How many units each month are you now selling? Since I understand the purpose of this raise is to be able to produce more units to meed rising demand, what is your current amount of units being sold? Can you have confidence that if you ramp up production to make more units tha...

In the last two days, we have been selling at a rate of more than 300 Mevo Plus per day - a run rate of 9,000 per month if sustained. In the USA, we will be out of our 3,000 Mevo Plus camera stock before the end of this week (sales have again doubled since we created this page). The first 1,000 Mevo Start due to arrive mid-April are already sold. The following 4,000 due in May will likely be sold to resellers before they arrive. Our goal is to order another 10,000 Mevo Start as soon as possib...

Wefunder is asking for Social Security number and I am not comfortable with that. Do we need to do that through them, or can we have documents explaining this process and we can give to the financial department and accounting for MEVO.

I believe that this is a requirement from the SEC as part of regulation crowdfunding. All I can say is that at Mevo, we certainly trust Wefunder with our business data and investment escrow.

You’re going public. Does that mean you’ll be listed on a stock exchange? Also are you saying that any investment made through Wefunder will be converted into shares of the aforementioned stock? I think you have a great product, and I’m excited to hear you’re innovating and ad...

Hi Asher, The Wefunder transaction is not a donation or a product pre-order such a Kickstarter: instead you would be purchasing stock from Mevo Inc. which might have value and liquidity at a later date. Typically private startups can produce a return to their holders of stocks from the following scenarios: (a) Being acquired (b) Paying profit dividends to shareholders (c) Going public at which point the stock is liquid and tradable. a, b or c are not guaranteed and will not occur i...

Right now there is a high demand for Mevo cameras due to the social distancing and coronavirus pandemic. How do you see the company doing after this all passes? Do you estimate your sales dropping?

The current demand proves that there's a much larger market for Mevo cameras than we had reached. It is likely that sales will not remain at 10x forever and soften at the end of the pandemic - but now every house of worship, education and government entities, small businesses realize that they need a live streaming solution in place. As a result, we expect Mevo demand to remain higher than it was before the pandemic and we expect that our future marketing campaigns will convert better since t...

Mevo

The world's only camera designed for live streaming events

mevo.com

New York, NY

Technology B2B B2C Mobile Apps Entertainment

Highlights

With recent travel restrictions, Mevo sales have recently increased fivefold. Help us avoid being out of stock by investing in Mevo.

Established startup with $5.9M revenue in 2019. 90,000+ Mevo Plus cameras sold on mevo.com, Best Buy, B&H, Adorama & Amazon

30,000+ Mevo owners streaming at least one event each month

Respected partner and investor: Vimeo Inc.

Team

We made the world's only camera designed to live stream events.

The live streaming market is the fastest-growing video segment.

Expected to double yearly and grow to 17% of all video consumption by 2022.

But live streaming camera options aren't ideal.

We built a camera that has all the features of a professional rig. But at a price that EVERYONE can afford.

Who uses Mevo?

Today we expect all events to be live streamed. From moments in daily life to the most influential professional events across the globe.

Meet Mevo Start.

Mevo Start is our second-generation Mevo camera, reimagined and engineered to address the needs of our growing customer base.

Affordable price point at $299 MSRP
Up to 6 HOURS of battery life, so you can stream events of all lengths without worrying about power
1080p sensor and onboard microphones deliver professional-level quality out of the box
Stream to several major platforms including Facebook Live, Youtube, LinkedIn, Twitter, Twitch and more

Easy yet sophisticated controls.

The companion Mevo App gives our customers the ability to up their production value with the touch of a finger:

See Our Unboxing Video learn more about Mevo Start!

First look review for Mevo Start.

This isn't our first rodeo.

In 2016, we launched the critically acclaimed Mevo Plus and have grown to more than 30,000 active users streaming using Mevo every month.

We've partnered with the best of the best to create a scalable supply chain.

It’s a team with proven results that has worked together for over 7 years.

The Mevo Roadmap

Mevo Start: Next Generation Camera

Market-transforming price point of $299 MSRP
Currently in pre-order, shipping Spring 2020
1080p sensor and 6 hours of battery life
All development funded and FCC approved
200 cameras already produced and in beta
Beta tester rating average of 4.6/5.0
Ready to produce 5,000 cameras (Spring 2020)
First 1,000 Mevo Start started manufacturing on March 10, 2020 and will ship to consumers and resellers by the end of April 2020

Mevo Multicam App and Pack

- New feature: connecting and mixing multiple Mevo cameras

- Public beta testing in progress, full release Summer 2020

#1 feature request from existing Mevo customers
Works with Mevo Plus and Mevo Start
Increases Customer Lifetime Value
Mevo Multicam Pack launch Q4 2020
Includes (3) Mevo Starts for $749 MSRP ($897 when sold separately)

Mevo Timeline

Use of funds

How we make money

We sell our camera products and accessories on Mevo.com and via our reseller network including Amazon, B&H, Adorama, Best Buy and others. We also offer a subscription plan to unlock advanced features in our iOS and Android app. Since 2016, we have manufactured and sold more than 90,000 Mevo cameras. Our customers range from consumers streaming family events (~30%) to organizations (~70%) sharing events with their customers and communities (examples: House of worship, Sports, Government, Education, ...). With the launch of Mevo Start and the Mevo multi-camera functionality and pack, we expect to grow sales and increase consumer adoption.

Invest today!

Join our mission to revolutionize live streaming. What're you waiting for? Let's do this and bring every event in the world online!

Downloads

WeFunder Mevo Presentation.pdf

Overview