{"data":{"type":"company_profile","id":54182,"entity_id":"wefunder:company:54182","attributes":{"canonical_url":"https://wefunder.com/mevo","generated_at":"2026-06-16T18:11:11Z","updated_at":"2026-06-16T05:02:21Z","entity_ids":{"company":"wefunder:company:54182","slug":"wefunder:company_slug:mevo"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-16T18:11:11Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-16T05:02:21Z","as_of":"2026-06-16T18:11:11Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-16T05:02:21Z","as_of":"2026-06-16T18:11:11Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-04-27T16:48:31Z","as_of":"2026-06-16T18:11:11Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-04-27T16:48:31Z","as_of":"2026-06-16T18:11:11Z","confidence":"medium"}}},"company":{"id":54182,"entity_id":"wefunder:company:54182","slug":"mevo","name":"Mevo","tagline":"The world's only camera designed for live streaming events","elevator_pitch":"COVID-19: Mevo demand is surging as schools, houses of worship and businesses move to online communication using live streaming. By investing, you can help us increase our rate of manufacturing and help us avoid being out of stock.","story":"The live\u0026nbsp;streaming market is the fastest-growing\u0026nbsp;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\u0026nbsp;$299 MSRP\u0026nbsp;Up to 6 HOURS of battery life, so you can stream events of all lengths without worrying about power1080p sensor and onboard microphones deliver professional-level quality out of the boxStream to several major platforms including Facebook Live, Youtube, LinkedIn, Twitter, Twitch and moreEasy 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 RoadmapMevo Start: Next Generation CameraMarket-transforming price point of $299 MSRPCurrently in pre-order, shipping Spring 20201080p sensor and 6 hours of battery lifeAll development funded and FCC approved200 cameras already produced and in betaBeta tester rating average of 4.6/5.0Ready 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 2020Mevo 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 customersWorks with Mevo Plus and Mevo StartIncreases Customer Lifetime ValueMevo Multicam Pack launch Q4 2020Includes (3) Mevo Starts for $749 MSRP ($897 when sold separately)Mevo TimelineUse of fundsHow we make moneyWe sell our camera products and accessories on Mevo.com and via our reseller network including Amazon, B\u0026amp;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!","location":"New York, NY","website":"https://mevo.com","total_amount_raised":768130,"total_investors":818,"is_funded":true,"is_active":true,"quality_score":5,"related_urls":["https://wefunder.com/mevo","https://mevo.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/54182/xxl_cropped_Mevo-Video-WeFunder-Thumbnail.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/54182/large_cropped_Mevo_Final_CMYK.jpg","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/54182/standard_cropped_Mevo-Video-WeFunder-Thumbnail.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/54182/standard_cropped_Mevo-Video-WeFunder-Thumbnail.jpg"},"links":{"company_url":"https://mevo.com","twitter_url":"http://twitter.com/mevocamera","instagram_url":"http://instagram.com/mevocamera"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"With recent travel restrictions, Mevo sales have recently increased fivefold. Help us avoid being out of stock by investing in Mevo."},{"index":2,"claim_id":"claim-fact-2","value":"Established startup with $5.9M revenue in 2019. 90,000+ Mevo Plus cameras sold on mevo.com, Best Buy, B\u0026amp;H, Adorama \u0026amp; Amazon"},{"index":3,"claim_id":"claim-fact-3","value":"30,000+ Mevo owners streaming at least one event each month"},{"index":4,"claim_id":"claim-fact-4","value":"Respected partner and investor: Vimeo Inc."},{"index":5,"claim_id":"claim-fact-5","value":"Proprietary software: Dedicated iOS and Android apps control your Mevo camera with live editing features like cutting, zooming, and pans"},{"index":6,"claim_id":"claim-fact-6","value":"Stream events to multiple platforms at once: YouTube, Facebook Live, Twitter, Periscope, Twitch, LinkedIn, Vimeo Livestream and more"},{"index":7,"claim_id":"claim-fact-7","value":"Founder / CEO has 24+ years in software and hardware with two exits. Founded Livestream.com, which was acquired by Vimeo in 2017"},{"index":8,"claim_id":"claim-fact-8","value":"New camera, Mevo Start is in production and will ship to pre-order customers in April. Lower price point ($299) expands the available market."}],"team":[{"id":848208,"entity_id":"wefunder:company_role:848208","user_entity_id":"wefunder:user:581806","role":"founder","name":"Max Haot","title":"Founder \u0026 CEO","bio":"24+ years in software and hardware. Two exits. Founder of Livestream.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/848208/square_cropped_0.jpg?1583941156","profile_url":"https://wefunder.com/maxhaot3","linkedin_url":"https://www.linkedin.com/in/maxhaot/","related_urls":["https://wefunder.com/maxhaot3"]},{"id":848209,"entity_id":"wefunder:company_role:848209","user_entity_id":"wefunder:user:577033","role":"employee","name":"Catherine Rivera","title":"Head of Operations \u0026 Finance","bio":"Previously VP Business Operations at Livestream.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/848209/square_cropped_0__1_.jpg?1583519470","profile_url":"https://wefunder.com/catherine.rivera.4","linkedin_url":"https://www.linkedin.com/in/catherine-rivera-277346150/","related_urls":["https://wefunder.com/catherine.rivera.4"]},{"id":865016,"entity_id":"wefunder:company_role:865016","user_entity_id":"wefunder:user:647162","role":"employee","name":"Jimmy An","title":"Head of Hardware","bio":"Previously VP of Hardware Engineering at Livestream.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/865016/square_cropped_00100dPORTRAIT_00100_BURST20200226150627868_COVER.jpg?1583519470","profile_url":"https://wefunder.com/jimmyan","linkedin_url":"https://www.linkedin.com/in/jimmy-an-92b5103/","related_urls":["https://wefunder.com/jimmyan"]},{"id":865540,"entity_id":"wefunder:company_role:865540","user_entity_id":"wefunder:user:668850","role":"employee","name":"Paul Schumacher","title":"Head of Software Engineering","bio":"Previously Chief Architect at Livestream.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/865540/square_cropped_TH4HPRS58-UH612L6R4-e8187cd0f71a-512.jpg?1583739695","profile_url":"https://wefunder.com/paul.schumacher","linkedin_url":"http://www.linkedin.com/in/paul-schumacher-599ba63/","related_urls":["https://wefunder.com/paul.schumacher"]},{"id":865530,"entity_id":"wefunder:company_role:865530","role":"employee","name":"Scott Yuan","title":"Head of Electrical Engineering","bio":"Previously Director of Electrical Engineering at Livestream.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/865530/square_cropped_Scott_Y.jpg?1583872310","linkedin_url":"http://www.linkedin.com/in/scott-yuan-8717439/","related_urls":[]},{"id":865536,"entity_id":"wefunder:company_role:865536","user_entity_id":"wefunder:user:650641","role":"employee","name":"Brian Sturdivant","title":"Head of Global Sales","bio":"Previously Director of Channel at Cisco / Flip video, VP Marketing Breathometer.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/865536/square_cropped_TH4HPRS58-UHUV11XAP-06b08d80e78a-512.jpg?1583872330","profile_url":"https://wefunder.com/brian.sturdivant","linkedin_url":"http://www.linkedin.com/in/bsturdivant/","related_urls":["https://wefunder.com/brian.sturdivant"]},{"id":865538,"entity_id":"wefunder:company_role:865538","user_entity_id":"wefunder:user:647827","role":"employee","name":"Nathan Lundie","title":"Head of QA \u0026 Customer Experience","bio":"Previously Head of Live Software and Hardware QA at Vimeo.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/865538/square_cropped_TH4HPRS58-UHB6Q856Z-8203d73b83d1-512.jpg?1583519474","profile_url":"https://wefunder.com/nathan.lundie","linkedin_url":"http://www.linkedin.com/in/nathan-lundie-391b6530/","related_urls":["https://wefunder.com/nathan.lundie"]},{"id":869398,"entity_id":"wefunder:company_role:869398","role":"employee","name":"Dmytro Vertynskyi","title":"General Manager, Mevo Software Office","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/869398/square_cropped_Dmytro_Vertynskyi.jpg?1583939199","linkedin_url":"http://www.linkedin.com/in/dmytro-vertynskyi-1a5908149/","related_urls":[]},{"id":865545,"entity_id":"wefunder:company_role:865545","user_entity_id":"wefunder:user:650348","role":"employee","name":"Volodymyr Kryvankov","title":"Technical Director","bio":"Previously Firmware Lead at Livestream.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/865545/square_cropped_TH4HPRS58-UH735EGK1-e02bb795d2d4-512.jpg?1583519657","profile_url":"https://wefunder.com/volodymyr.kryvankov","linkedin_url":"http://www.linkedin.com/in/vladimir-krivankov-4335b348/","related_urls":["https://wefunder.com/volodymyr.kryvankov"]},{"id":865531,"entity_id":"wefunder:company_role:865531","user_entity_id":"wefunder:user:647625","role":"employee","name":"Philip Worthington","title":"Head of Design","bio":"Co-Founder and Chief Product Officer of Livestream.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/865531/square_cropped_TH4HPRS58-UH7GA2QAG-36bcc76b22e6-512.jpg?1583519657","profile_url":"https://wefunder.com/philip.worthington","linkedin_url":"http://www.linkedin.com/in/philworthy/","related_urls":["https://wefunder.com/philip.worthington"]},{"id":848210,"entity_id":"wefunder:company_role:848210","user_entity_id":"wefunder:user:562208","role":"employee","name":"Otto Cedeno","title":"Design and Marketing","bio":"Previously Director of Operations and Production at Livestream.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/848210/square_cropped_0__2_.jpg?1583519595","profile_url":"https://wefunder.com/otto.cedeno.2","linkedin_url":"https://www.linkedin.com/in/otto-cedeno-97041b20/","related_urls":["https://wefunder.com/otto.cedeno.2"]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":129,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":29372,"entity_id":"wefunder:fundraise:29372","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":200000.0,"minimum_target":"200000.36","maximum_target":"1069999.65","funding_started_at":"2020-03-13T21:36:34Z","funding_closed_at":"2020-05-23T05:01:52Z","auto_close_at":"2020-05-23T03:59:59Z"}],"latest_fundraise":{"id":29372,"entity_id":"wefunder:fundraise:29372","state":"successful","offering_type":"4(a)(6)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2020-03-13T21:36:34Z","funding_closed_at":"2020-05-23T05:01:52Z","terms":{"eb":null,"nb":"$12M","txt":"pre-money valuation"}},"recent_posts":[],"q_and_a":[{"id":83416,"entity_id":"wefunder:comment:83416","question":"Why the $500 Minimum? Any chance it decreases? I’m interested but can’t do it at that level given REG CF limitations. That’s almost 25% of allowable investment amount for many non-accredited investors.","author_name":"Brian Citizen","votes":2,"created_at":"2020-03-21T20:27:54Z","canonical_url":"https://wefunder.com/mevo#question-83416","answers":[]},{"id":83225,"entity_id":"wefunder:comment:83225","question":"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 adding to your product lineup. I’m just a bit confused on how I would reap dividends from your successes by donating through Wefunder.","author_name":"Asher A Purvis","votes":2,"created_at":"2020-03-20T03:31:42Z","canonical_url":"https://wefunder.com/mevo#question-83225","answers":[{"id":83267,"entity_id":"wefunder:comment:83267","answer":"Hi Asher, The Wefunder transaction is not a donation or a product pre-order such a Kickstarter: \u0026nbsp;instead you would be purchasing stock from Mevo Inc. which might have\u0026nbsp;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 immediately - but we are working hard on creating value so that the Mevo Inc. is eventually liquid and create outstanding returns to its investors and employees.","author_name":"Max Haot","votes":3,"created_at":"2020-03-20T13:20:53Z"}]},{"id":131245,"entity_id":"wefunder:comment:131245","question":"Great job Max, I received my payout this morning. Best of Luck with your future endeavors.","author_name":"Francis Harrington","votes":1,"created_at":"2021-02-18T15:13:35Z","canonical_url":"https://wefunder.com/mevo#question-131245","answers":[]},{"id":126937,"entity_id":"wefunder:comment:126937","question":"Was the fund raising goal reach in time? What is next?","author_name":"Jose Israel Noboa","votes":1,"created_at":"2021-01-28T14:48:41Z","canonical_url":"https://wefunder.com/mevo#question-126937","answers":[]},{"id":112949,"entity_id":"wefunder:comment:112949","question":"Hello, how is the progress?","author_name":"Dawood Ismail","votes":1,"created_at":"2020-11-03T12:34:46Z","canonical_url":"https://wefunder.com/mevo#question-112949","answers":[]},{"id":111852,"entity_id":"wefunder:comment:111852","question":"Hello sir. Live streaming is big. A camera that can go live to any platform via DATA/Lte/5g is where it is at. People want to LIVE VLOG. No need for wifi, I want to move while streaming all over a city. Can I use this without any other connections to stream with data?","author_name":"Adam Heidmann","votes":1,"created_at":"2020-10-23T00:31:05Z","canonical_url":"https://wefunder.com/mevo#question-111852","answers":[]},{"id":98896,"entity_id":"wefunder:comment:98896","question":"Hi, Any new updates? I also never got my discount code.","author_name":"Fernando Ramos","votes":1,"created_at":"2020-07-23T18:03:26Z","canonical_url":"https://wefunder.com/mevo#question-98896","answers":[]},{"id":98602,"entity_id":"wefunder:comment:98602","question":"Hi Max. Any new updates? Is there another place that we can follow to get the latest news about progress with Mevo?","author_name":"Quincy Maggit","votes":1,"created_at":"2020-07-21T19:33:42Z","canonical_url":"https://wefunder.com/mevo#question-98602","answers":[]},{"id":98382,"entity_id":"wefunder:comment:98382","question":"I've searched through the questions but haven't seen an answer as to how the investor discount codes are applied. The last question regarding this was posted on June 1st - so kinda unsettling that this hasn't been addressed as it's now July 19th and the products have been shipping for some time. Thanks!","author_name":"Paul Mathieu","votes":1,"created_at":"2020-07-19T19:17:22Z","canonical_url":"https://wefunder.com/mevo#question-98382","answers":[]},{"id":97622,"entity_id":"wefunder:comment:97622","question":"How do I find documents related to my investments?","author_name":"Richard TOMASOVIC","votes":1,"created_at":"2020-07-12T15:14:36Z","canonical_url":"https://wefunder.com/mevo#question-97622","answers":[]},{"id":92478,"entity_id":"wefunder:comment:92478","question":"Hi Max, I have missed out on this crowd funding round (assuming that I have time until July 2020). Is there any other way that I can invest in your company at this valuation. Thanks, Puneeth","author_name":"Puneeth Penmatsa","votes":1,"created_at":"2020-06-05T02:10:27Z","canonical_url":"https://wefunder.com/mevo#question-92478","answers":[]},{"id":91864,"entity_id":"wefunder:comment:91864","question":"Hi there, I'm a proud supporter who invested at the level that came with a Mevo Start, could you please let me know how to order it? Thanks!","author_name":"Laurent Haug","votes":1,"created_at":"2020-06-01T07:50:56Z","canonical_url":"https://wefunder.com/mevo#question-91864","answers":[]},{"id":91753,"entity_id":"wefunder:comment:91753","question":"How long before we receive discounts for the different investment tiers?","author_name":"Travis Versher","votes":1,"created_at":"2020-05-30T14:54:55Z","canonical_url":"https://wefunder.com/mevo#question-91753","answers":[]},{"id":91196,"entity_id":"wefunder:comment:91196","question":"I missed the deadline yesterday. Please contact me directly with options to invest? Thanks!","author_name":"Scott Pederson","votes":1,"created_at":"2020-05-23T18:39:48Z","canonical_url":"https://wefunder.com/mevo#question-91196","answers":[]},{"id":91187,"entity_id":"wefunder:comment:91187","question":"I attempted to finalize my investment last night (closing hours) and the website would not load after clicking 'invest'. I tried this 4 times to no avail. Will there be another round of investing and how else might I invest/buy shares? Thank you!","author_name":"Kylan Walker","votes":1,"created_at":"2020-05-23T17:57:13Z","canonical_url":"https://wefunder.com/mevo#question-91187","answers":[]},{"id":91036,"entity_id":"wefunder:comment:91036","question":"How i know that my investment is registered yet?","author_name":"Stanly THANKACHAN","votes":1,"created_at":"2020-05-22T17:58:54Z","canonical_url":"https://wefunder.com/mevo#question-91036","answers":[]},{"id":90839,"entity_id":"wefunder:comment:90839","question":"Why is this particular investing time closing May 22th?","author_name":"Giascarlo Escarfullery","votes":1,"created_at":"2020-05-21T03:53:11Z","canonical_url":"https://wefunder.com/mevo#question-90839","answers":[]},{"id":90813,"entity_id":"wefunder:comment:90813","question":"Will investors pass the 250k point still get in on stock purchase?","author_name":"Varkeno White","votes":1,"created_at":"2020-05-20T22:56:35Z","canonical_url":"https://wefunder.com/mevo#question-90813","answers":[]},{"id":90657,"entity_id":"wefunder:comment:90657","question":"Hi, What type of contract revenue are you offering the investors ? Thank you.","author_name":"Hapsatou Diawara","votes":1,"created_at":"2020-05-19T11:19:28Z","canonical_url":"https://wefunder.com/mevo#question-90657","answers":[]},{"id":90618,"entity_id":"wefunder:comment:90618","question":"if I invest now, am I buying future stock at $.80 per share?","author_name":"Stephen Strealy","votes":1,"created_at":"2020-05-18T20:38:05Z","canonical_url":"https://wefunder.com/mevo#question-90618","answers":[]},{"id":90137,"entity_id":"wefunder:comment:90137","question":"As one of the investors, I got qualified to get a Mevo Start, but I also want to buy a 2nd Mevo and two Ethernet PA for both. Can I order and have one single package with everything to be shipped once to Angola via DHL?","author_name":"Lisa Jucyara Antas Videira","votes":1,"created_at":"2020-05-14T22:04:36Z","canonical_url":"https://wefunder.com/mevo#question-90137","answers":[]},{"id":89766,"entity_id":"wefunder:comment:89766","question":"Do you have plan to support SRT protocol?","author_name":"Albert Yuwono","votes":1,"created_at":"2020-05-12T16:20:52Z","canonical_url":"https://wefunder.com/mevo#question-89766","answers":[{"id":89796,"entity_id":"wefunder:comment:89796","answer":"It is on our roadmap. No set date yet.","author_name":"Max Haot","votes":0,"created_at":"2020-05-12T21:55:15Z"}]},{"id":89618,"entity_id":"wefunder:comment:89618","question":"Hi, I had a look at the available figures. I was wondering if you could explain the loss from the last year of 3.1 Mio. Would it be possible to see a gain and loss sheet? Thank you in advance.","author_name":"Jaroslav Maljar","votes":1,"created_at":"2020-05-10T20:39:34Z","canonical_url":"https://wefunder.com/mevo#question-89618","answers":[{"id":89656,"entity_id":"wefunder:comment:89656","answer":"You can see the reviewed financials : https://d2qbf73089ujv4.cloudfront.net/uploads/form_c/59633/remote_files/81150-mrlQhhoZ1yuF10RpnxF4JhZq/19.12.31_Mevo_FS_FINAL__1_.pdf","author_name":"Max Haot","votes":0,"created_at":"2020-05-11T13:42:33Z"}]},{"id":89588,"entity_id":"wefunder:comment:89588","question":"Hi Max: I'm interesting in make a huge invest. I use MEVO and is incrediboe for 1 to n media. But today we need n to n. The second problem to resolve is ti cut tue contract with mevo, i buy it and the service is really poor. Is not good integration If you compromiso to 1) multiple conect camara every olace in the world. 2) you editor stay in other olace 3) dont have to upgrade to vimeo and every is availible on mevo software for 3 dollar per month suscribers (then the people will really a masive and disruptive and the grow will be x1000. If you compromise in develop this 3 point I will invest 1 million Gino Lorenzini","author_name":"Gino Lorenzini Barrios","votes":1,"created_at":"2020-05-10T13:31:12Z","canonical_url":"https://wefunder.com/mevo#question-89588","answers":[]},{"id":89573,"entity_id":"wefunder:comment:89573","question":"Hi Max - congrats on such a great product! What's the current sales mix with respect to commercial and consumer clients? Also, what are the new key customer segments as a result of COVID-19 -- I have seen info on churches in your twitter feed, but are there other large categories of customers that you're seeing lately?","author_name":"Ryan G","votes":1,"created_at":"2020-05-10T03:56:53Z","canonical_url":"https://wefunder.com/mevo#question-89573","answers":[{"id":89657,"entity_id":"wefunder:comment:89657","answer":"Ryan, Pre-COVID at was 30% consumers, 70% organizations including small businesses, government, education and house of worship. The COVID surge is primary organizations.","author_name":"Max Haot","votes":1,"created_at":"2020-05-11T13:44:06Z"}]}],"faq":[{"question":"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.","answer":"Revenue 2020: $7.3M, 2021: $10.2M, 2022: $20.5M. 2023/2024 is not yet available."},{"question":"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...","answer":"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..."},{"question":"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.","answer":"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."},{"question":"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...","answer":"Hi Asher, The Wefunder transaction is not a donation or a product pre-order such a Kickstarter: \u0026nbsp;instead you would be purchasing stock from Mevo Inc. which might have\u0026nbsp;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..."},{"question":"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?","answer":"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..."}]}}}