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Are.na’s deadline was May 26, 2018

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Are.na

Build ideas together
Immigrant Founders Social Impact B2C Social Media + Networks Software Subscription Apps
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$270,206
Raised
849
Investors
Successfully funded and closed on May 26, 2018.
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Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by When It Changed Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
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Hear from some of the 849 investors in Are.na


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Deal highlights

  • A visual organization tool designed to help you think and create
  • No ads, no likes, no invasive recommendations
  • Buy a real stake in Are.na's future with as little as $100
  • 370% growth in paying members in 2017
  • 102% growth in total registered users in 2017 
  • 60% growth in total registered users in Q1 2018
  • Used by creatives at Apple, Calvin Klein, Nike, Tumblr, Dropbox, MoMA, Yale, MIT, Columbia, RISD + more
  • On track to cover current burn rate in 2018

 



The Problem

The apps we use every day kill creative thinking.

Creative people and knowledge workers rely on a mix of social and productivity apps to come up with new ideas. But instead of helping, these tools actually make it harder to concentrate and create.

Productivity apps provide structure, but they let notifications, tasks, and information overload get in the way of creative thinking. Social media has valuable information, but it’s noisy and distracting. Most networks are designed to hijack our attention and show us more ads — not to help us find what we need.

Creative thinkers need a tool and a space where they can organize their ideas and make new things together.




The Solution

A visual platform that helps you have ideas

Are.na is a knowledge sharing platform that combines the creative back-and-forth of social media with the focus of a productivity tool — stripping away distractions to let you focus on your ideas.


 On Are.na, there are no ads, likes, or recommendations to get in your way. It’s a more mindful space where you can work through any project over time.

 



The Product

“Creativity is just connecting things.” 
- Steve Jobs

Are.na lets you build simple, visual collections by adding links and files of any kind. It’s the only platform designed to help you learn by connecting ideas with other people.

  • Save and organize images, documents, video, quotes, links, and more.

  • Arrange ideas visually in a distraction-free space

  • Connect other users’ content to your own collections

  • Share collections privately or build public collections with everyone




 

How it works 

1. Add anything to Are.na from your phone, browser, or desktop. Content is organized in simple collections called channels.

Your browser does not support HTML5 video.

    

2. Save other users’ discoveries to your own channels. Explore related topics by following connections between channels.

Your browser does not support HTML5 video.


3. Build channels together with collaborators. The entire Are.na community is your knowledge base.

Your browser does not support HTML5 video.



 

Traction


60% growth in 2018 to date

  

Are.na is quickly building a base of loyal members who want to spend their time online more mindfully and more effectively. The Are.na community now has 40,000 total members, and we’ve grown by nearly two thirds in 2018 to date.  Active users invite an average of three other people to join.

 

 

Quarterly connections made on Are.na:

  

We measure usage by the number of connections our members make. A connection is any new piece of content a user adds to the platform or links from one channel to another.

   

 Invest in Are.na

 

 What people are saying

    


 

Business Model

Are.na already has a sustainable revenue stream

Are.na relies on a freemium membership model. Free accounts are limited to 100 private pieces of content. More privacy for professional projects requires an upgrade:

Are.na Premium ($5 / month or $45 / year):

  • Unlimited private content
  • Access to personalized support
  • Hide from search engines

Over 6% of active users currently pay for Premium, translating to $10,000 of revenue in Q1 2018. Premium memberships already more than cover the cost of all site infrastructure. 

Growth in Premium memberships is on track to generate over $40,000 in Q4 2018 . We project that revenue will grow to cover all current expenses and salaries by Q4 2018. A new business product launching in Q2 2018 will help us get there.


Revenue has been consistently proportional to the number of active users as we grow. This allows us to make a linear projection:

   


 

Market

Uniquely suited to serve today’s knowledge workers 

A growing cohort of freelancers needs more effective ideation tools and wants more genuine interactions online. These are creative thinkers who require a lightweight tool for personal knowledge management.

Are.na is the only social network that connects you to other people without taking over your life. Engagement on Are.na means connecting information, not mindlessly “liking.” Are.na members spend 10 minutes per session on the platform — compared to 9.6 minutes for Reddit, 5.8 for Tumblr, 5 for Facebook, and 3 for Twitter according to Statista.


Total addressable market

15 million workers at the core of the U.S. “creative class” are our beta audience, and unlocking that group means we can address a global market of 230 million knowledge workers who don’t have the ideation tools they need.

 

Used by professionals at:

 

Used by students and educators at:




 


  


 

What's next

Team ideation tools for effortless knowledge sharing 

 

Are.na is launching a team product in Q2 2018 for small businesses and enterprise clients. Think Slack for your team’s ideas.

Business pricing and support will likely generate immediate revenue from those teams and facilitate sales to larger clients. There’s a built-in demand for team features among our members: 200+ accounts already use Are.na with other members of an organization.

   

Product roadmap:

  


  

Mission

Are.na’s mission is to build a member-supported community for shared knowledge, collaborative thinking, and lifelong learning.

As a mission-driven business, we’re choosing to crowdfund Are.na’s future so that we can grow in a way that lines up with our values. We won’t accept investments that will force us to compromise on our core beliefs, and we will never abuse the trust of our members by selling ads or personal data.

We believe that our members and like-minded people should be stakeholders in Are.na’s future. Equity crowdfunding will allow us to scale at a sustainable pace while making an ownership stake available to anyone who shares our vision.

  


 

Founders

Led by artists, designers, and creative entrepreneurs

    



Invest in a better Internet

We're building a new kind of platform for a more curious and collaborative Internet. Invest now to own an equity stake in Are.na.

Deal terms


Valuation cap

$5,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for Are.na occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Are.na is accepting.
Learn more

Funding goal

$1.07M

Are.na must achieve its minimum goal of $50K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Are.na needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by When It Changed Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov

Why others invested

See all reviews (0) See all (0)

Are.na feels like what the internet should have been.

Profile picture of James Hicks
James Hicks
Investor
over 5 years ago

As a psychologist and sometimes inventor, I find your concept both exciting, challenging and well worth $100 to see how well it works.

Profile picture of Robert Schmidt
Robert Schmidt
Active investor
over 5 years ago

Having a well designed platform focused on creativity, research and collaboration without the distractions of ads and other egregious intrusions seems so intuitive. I'm excited about the promise of Are.na!

Profile picture of Michael Kuras
Michael Kuras
Active investor
over 5 years ago

About Are.na

Legal Name
When It Changed Inc.
Founded
Jul 2014
Form
Delaware Corporation
Employees
5
Website
are.na
Social Media
Headquarters
Google Map location of of Are.na
219 36th Street , Brooklyn, NY
Headquarters
219 36th Street, Brooklyn, NY, United States 11232

Are.na Team
Everyone helping build Are.na, not limited to employees

Profile picture of Charles Broskoski
Charles Broskoski
CEO
Charles is a full-stack engineer with 10+ years of experience, most recently as a lead engineer at Artsy. Previously he was a practicing artist in New York City.
Profile picture of Daniel Pianetti
Daniel Pianetti
Product
Daniel worked as an art director before joining Are.na. He is a partner at No Plans, a web design studio with clients including Sotheby's, Leonardo DiCaprio Foundation, and Central Saint Martins.
Profile picture of Chris Sherron
Chris Sherron
Design
Chris is a designer, animator, and co-founder of K-Hole, the trend forecasting group that invented ‘normcore.’ He previously worked at global branding agency Wolff Olins helping brands like Google and Univision.
Profile picture of Chris Barley
Chris Barley
CMO
Chris is the founder of Consortia, a design and strategy office in NYC, where he has led projects for Audi, Microsoft, LVMH, Harvard University and Columbia University.
Profile picture of Damon Zucconi
Damon Zucconi
CTO
Damon is a full-stack engineer with over 10 years of experience developing for the web. Prior to joining Are.na, Damon was a full-stack engineer at Artsy.
2 more team members
Charles Broskoski
CEO
Daniel Pianetti
Product
Chris Sherron
Design
Chris Barley
CMO
Damon Zucconi
CTO

Press

'It Doesn't Produce Anxiety': Meet Are.na, a Social Netwo...
ARTnews ARTnews
·
Apr 27, 2018

Certain popular social networks have origin stories that, from the outside, can feel a bit like techno-libertarian fantas...

Artists Are Teaching Us How to Use the Internet More Mind...
Artsy Artsy
·
Apr 22, 2018

So far, several buckets of advice exist within the library. The first is a collaborative page in which any Are.na member ...

The Ad-Free, User-Owned Future Of Social Media
Co.Design Co.Design
·
Apr 3, 2018

One alternative is Are.na. Designed by creatives for creatives, Are.na is a research platform that happens to have a soci...

Are.na is the Artist-Designed, Distraction-Free Alternati...
Garage Garage
·
Mar 14, 2018

“If we want out attention back,” Are.na suggests, “we need a different model.” Accordingly, they do away with advertising...

Creatives Are Flocking to this Artist-Designed Social Net...
Artsy Artsy
·
Feb 9, 2018

Many of us know what it feels like to binge on social media. Delectable, at first, as you feed on that ever-replenishing ...

This Is What A Designer-Led Social Network Looks Like
Co.Design Co.Design
·
Jan 18, 2018

The users of the social networking and research site Are.na have a hard time explaining what exactly it is. You could cal...

Interview: Charles Broskoski on Self-Discovery Upon Revis...
Thecreativeindependent Thecreativeindependent
·
Oct 25, 2017

How do you normally describe to someone completely new to Are.na ... what Are.na is? I usually say something along the li...

A Digital Platform Advocating the Importance of Creative ...
Core77 Core77
·
Aug 25, 2017

We currently live in a highly visual world dominated by ads, videos, and photography, supported by social media outlets l...

"Are.na" is an Online Tool for Contextualizing the Internet
ArchDaily ArchDaily
·
Mar 27, 2017

Outside of our familiar feeds, social or otherwise, the Internet can be a daunting place. While information and interacti...

Counter Currents: Are.na on Ted Nelson's Computer Lib/Dre...
Walkerart Walkerart
·
Jan 19, 2016

'The Internet Doesn't Have To Be This Way' -- Small Sites...
Forbes Forbes

Very recently, Facebook might have looked like it was "winning" social media. It has over 2 billion users. Its duopoly wi...

Show all
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Are.na

Are.na successfully raised $270,206 from 849 investors on May 26, 2018
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John, Wesley, Travis, josh, Nandita, and 844 others invested. 268 Reviews

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