Company Profile (AI Text)
Name: MoviePass
Canonical URL: https://wefunder.com/moviepass
Updated at: 2026-06-04T05:03:17Z

Tagline: A prediction market and fantasy league for entertainment.

Key claims:
- Total raised on Wefunder: 476172 | citation: https://wefunder.com/moviepass#claim-total-raised
- Total investors: 597 | citation: https://wefunder.com/moviepass#claim-total-investors

Verified facts:
- Total raised on Wefunder: 476172 | observed_at: 2026-06-04T05:03:17Z | expires_at: 2026-06-05T05:03:17Z
- Total investors: 597 | observed_at: 2026-06-04T05:03:17Z | expires_at: 2026-06-05T05:03:17Z

Computed metrics:
- total_amount_raised: 476172
- total_investors: 597
- team_size: 7
- featured_investor_count: 9
- faq_count: 5
- recent_post_count: 0

Quick facts:
- Original Co-Founder Stacy Spikes bought MoviePass back from private equity ownership | citation: https://wefunder.com/moviepass#claim-fact-1
- Epic turnaround story featured in the HBO Original documentary produced by Mark Wahlberg | citation: https://wefunder.com/moviepass#claim-fact-2
- $14M in annual recurring revenue and 2.8M movie visits booked since relaunch | citation: https://wefunder.com/moviepass#claim-fact-3
- 630,000+ waitlist for Mogul by MoviePass - the first prediction market for film & entertainment | citation: https://wefunder.com/moviepass#claim-fact-4
- Backed by top VCs including Lightship Capital, Harlem Capital, Wavemaker and more | citation: https://wefunder.com/moviepass#claim-fact-5
- Featured in Vanity Fair, Rolling Stone, Hollywood Reporter, TIME, and the New York Times | citation: https://wefunder.com/moviepass#claim-fact-6
- First-mover where movies meet fantasy sports, gaming, & prediction markets | citation: https://wefunder.com/moviepass#claim-fact-7
- Giving movie lovers a real stake in the future of entertainment | citation: https://wefunder.com/moviepass#claim-fact-8

FAQ:
- Q: The American Gaming Association (AGA) has actively cautioned sports leagues against partnering with 'insufficiently regulated' prediction markets. How do you plan to build partnerships with movie studios (your equivalent of 'leagues') when you exist in this legal gray area?
  A: It’s an important question, Spencer, and we’re very deliberate here. Mogul is not a sportsbook, and today it operates in a play-for-fun format with no real-money wagering, which allows studios to engage without regulatory risk. As we explore future monetization, we’re taking a compliance-first, jurisdiction-by-jurisdiction approach, working with experienced legal counsel and regulators before introducing any real-money mechanics. Our conversations with studios are grounded in engagement, insi...
- Q: The pitch mentions “tokenized predictive contracts” and “liquidity pools” powered by SUI. Could you clarify how these instruments are structured to avoid classification as swaps or event-based contracts under CFTC regulations? Have you obtained formal legal opinions confirming...
  A: Hi Spencer, At this stage, the game operates entirely as a free-to-play experience, with no real-money trading or financial instruments in use. The references to “tokenized predictive contracts” and “liquidity pools” in the pitch are conceptual elements intended for future development once the appropriate regulatory pathways and licenses are in place -- soon! The current capital raise is primarily aimed at funding the necessary legal reviews, licensing efforts, and compliance infrastructure t...
- Q: Can y'all explain? https://www.vox.com/22526008/moviepass-ftc-complaint-password-block-scam
  A: Thanks for reaching out Chris. What happened with HMNY was difficult for everyone involved, myself included. When I was pushed out of MoviePass, decisions were made that I fundamentally disagreed with, and those choices ultimately led to the company’s collapse. I bought MoviePass back to restore our original mission: bringing movies to more people. This time, we’re committed to responsible growth and full transparency. I don’t take your trust lightly. I’ve rebuilt MoviePass — and our new plat...
- Q: Can you please confirm whether the shares being issued in this priced round will qualify as Qualified Small Business Stock (QSBS) under Section 1202 of the Internal Revenue Code? Details: I understand the pre-money valuation is listed at $50 million, which is the upper limit f...
  A: Great question — QSBS eligibility is an important consideration for many early-stage investors, and I’m happy to clarify what we can share publicly. Before I begin, a quick note: I’m not able to provide tax or legal advice, and investors should rely on their own advisors for final determinations. That said, here’s the information we can confirm: 1. Corporate Structure Yes — MoviePass is a U.S. C-corporation. 2. Gross Assets Threshold Based on our current financials and projections, our aggreg...
- Q: Hi moviepass team/Stacy, Congrats on what you have achieved so far. I have a few questions; 1. Is moviepass pivoting to prediction market from Movie tickets subscription or planning to continue on movie subscription as well. 2. When is mogul expected to launch? i.e. open for a...
  A: Thank you for the thoughtful questions — happy to clarify each of these. 1. Are we pivoting away from subscriptions into prediction markets? No — we’re not pivoting away. MoviePass will continue operating and growing the subscription business, which remains a strong, sustainable revenue engine. Mogul is an expansion, not a replacement. We see MoviePass evolving into a multi-product entertainment ecosystem, with subscriptions + Mogul working together to deepen fan engagement. 2. When will Mogu...