# Isina Music

Closed: Oct. 2018

## About this raise

ISINA Music is here to provide all aspiring musicians with the chance to get discovered. By using ISINA’s online platform, all artists simply need to do is create a track, upload it to the platform, and receive a rating and review from ISINA’s team of mentors. Selected artists are then invited to ISINA’s music program in LA, where they work specifically within one of five divisions: songwriters, instrumentalists, vocalists, producers, and DJs. ISINA’s mission, as they put it, is “...to take talented artists from a multitude of countries and a variety of backgrounds, and give them the tools and mentorships to develop a flourishing artistic career that influences the global music environment.” So far, INSINA has helped develop artists like New District, Shannon Jae Prior, and Jennifer Lauren.

## Investment Overview

**Not Funded:** $500

**Deal Terms**  
Company & Team  
- [Deal Terms](https://kingscrowd.com/isina-music-on-startengine/#deal_basics)  
- [Company & Team](https://kingscrowd.com/isina-music-on-startengine/#company_profile)

### Deal Terms

#### Total Commitments  
- **Platform:** StartEngine  
- **Start Date:** 07/06/2018  
- **Close Date:** 10/15/2018  
- **Min. Goal:** $10,000  
- **Max Goal:** $1,070,000  
- **Min. Investment:** $500  
- **Security Type:** Equity - Common

#### Company Stage

Growth Stage

#### SEC Filing Type  
RegCF

- **Price Per Share:** $1.00  
- **Pre-Money Valuation:** $51,000,000

### Company & Team

#### Company  
- **Year Founded:** 2017  
- **Industry:** Media, Entertainment & Publishing  
- **Location:** Beverly Hills, California  
- **Company Website:** [Visit Website](https://isina.com/)

#### Team  
- **Employees:** 3  
- **Founder Name:** Alexander Sitkovetsky  
- **Title:** CEO

## Financials

### Summary Profit and Loss Statement

|          | FY 2017      | FY 2016      |
|----------|--------------|--------------|
| Revenue  | $20,765      | $0           |
| COGS     | $1,075,625   | $0           |
| Tax      | $0           | $0           |
| Net Income| $-1,770,579 | $0           |

### Summary Balance Sheet

|                     | FY 2017      | FY 2016      |
|---------------------|--------------|--------------|
| Cash                | $29,723      | $0           |
| Accounts Receivable  | $85,000      | $0           |
| Total Assets       | $136,339     | $0           |
| Short-Term Debt    | $1,106,918   | $0           |
| Long-Term Debt     | $0           | $0           |
| Total Liabilities   | $1,106,918   | $0           |

## Company Funding & Growth

### Funding history

| Close Date | Platform   | Valuation      | Total Raised | Security Type      | Status         | Reg Type |
|-------------|------------|----------------|--------------|---------------------|----------------|----------|
| 10/15/2018  | StartEngine | $51,000,000 | $500         | Equity - Common   | Not Funded      | RegCF    |