Archive · 24 Jul 2025
Legion M Closes 10th Round, Surpasses $25M in Equity Crowdfunding
Imagine a movie studio, but instead of one big boss, it's owned by its fans!
This studio, Legion M, lets fans buy stock, hoping the company does well and they get money back.
They just finished their 10th round of asking for money, getting over $2.93 million from thousands of people, most of them new.
Since they started, they've collected over $25 million from fans.
They use this money to make movies, like 'My Dead Friend Zoe'.
They also let fans directly invest in specific movies.
The new money will help them grow, make more movies, and give more fans a chance to be part of the action.
Legion M, a fan-owned studio, closed its 10th fundraising round, raising $2.93 million.
Nearly 70% of the 5,840 investors in the latest round were new.
Since 2016, Legion M has raised over $25 million from more than 58,000 investors via equity crowdfunding.
The company has also raised over $4 million for three films through 'Fan-First-Financing'.
Proceeds will expand Legion M's community and capabilities to support independent film.
- Who
- Legion M, a fan-owned studio.
- What
- Legion M, a fan-owned studio, closed its 10th fundraising round.
- When
- The 10th fundraising round closed recently.
- Where
- The information does not specify a location.
- Why
- To accelerate community growth and expand the company's capabilities in supporting independent film.
Legion M's Community Growth
Industry Trends
Community Growth
Legion M's Community Growth
Legion M's community is growing rapidly, with a large number of new investors in the recent round.
Industry Trends
The articles do not include an opposing view for this topic.
- Company
- Legion M
- Fundraising Round
- 10th
- Amount Raised in Round 10
- $2.93 million
- Total Investors
- Over 58,000
- Total Raised (Since 2016)
- Over $25 million