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Pencilish Animation Studios

Operating

Pencilish Animation Studios Inc.

Media & Entertainment · Movies · Franklin, TN · Founded 2020

A Crowd-Owned Animation Studio Created by Top Disney Alumni

Post-money valuation ⓘ
$18.7M
As of Jan 2023 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$2,503,887
Across 2 rounds since 2021
Latest share price
$4.88
Reg CF · Common Stock · Jul 2022 offering price

Financials

FY2018–FY2023 · from SEC filings · hover any figure for its source
$0
2018
$0
2019
$0
−$17K
2020
$6K
−$721K
2021
$63K
−$1.1M
2022
$337K
−$288K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 reviewed*
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 reviewed
Income statement
Revenue
$0
$0
$0
$6,010
$62,705
$336,573
Cost of goods sold
$0
$0
$0
$4,884
$395,355
$300,983
Gross margin
—
—
—
19%
-530%
11%
Net income
$0
$0
-$17,419
-$721,094
-$1,134,162
-$288,373
Taxes paid
$0
$0
$0
$400
$1,542
$0
Balance sheet
Cash
$0
$0
$6,797
$1,348,456
$409,063
$191,484
Accounts receivable
$0
$0
$0
$800
$30,000
$1,382
Total assets
$0
$0
$22,342
$1,420,212
$514,053
$225,217
Short-term debt
$0
$0
$37,025
$46,360
$35,708
$924
Long-term debt
$0
$0
$0
$0
$0
$0
Total liabilities
$0
$0
$37,025
$46,360
$35,708
$924
Other
Headcount
—
1
—
6
5
5

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$8.5M
pre-money
$18.3M
pre-money
Reg CF · Common · Jan 2021
Reg CF · Common · Jul 2022

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$4.88$2.44$2.97
Jan 2021Jul 2022
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Dec 31, 2023
Class B Common Stock · 56.2%Class A Common Stock · 43.8%
ClassOutstandingVotes / shareShare of totalLast price
Class B Common Stock2,160,000—56.2%—
Class A Common Stock1,681,220—43.8%—
Total3,841,220100%

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $310.7K / $2.8MInvestors 340Post-money $18.7M
Raised $2.2M / $1.1MInvestors 4,669Post-money $10.8M

Team

8 people
Aaron BlaiseFounder
Advisory Board Member

Disney Director, Writer, and Animator. He joined Walt Disney Feature Animation working there for 21 years on some of the most popular feature films made by the studio. He was the Co- Director for the Box Office Hit Disney Film “Brother Bear”.

Ash GreysonFounder
Partner, Marketing whiz

With more than 20 years of media experience, Ash is an expert producing, marketing, and digital and social strategies for faith-based films. Clients include Lionsgate, Sony Pictures, Focus Features, Paramount, Roadside Attractions, Syfy Channel, Nat Geo Network, TBN, Walden Media, and PureFlix. Ash's marketing campaigns have played an integral part in the success of many films including God's Not Dead that produced over 60 million dollars in the box office and 2016: Obama's America, the second highest grossing film in its genre.

Jason BrownFounder
Advisory Board Member, Buisness consultant

Jason is currently the CEO of Called Higher Studios, Inc. He has produced feature films that have been distributed by Netflix & Walmart & founded a production company that created over 300 hours of network television.

Ming-Na WenFounder
Advisory Board Member

Ming-Na is an actress with many film and TV credits. She is best known for her starring role as Fa Mulan in the animated Disney film Mulan, Melinda May in the Marvel TV drama series Agents of S.H.I.E.L.D, and the Star Wars series The Mandalorian and The Book of Boba Fett.

Steve McBethFounder
Advisory Board Member

Fortune 100 executive, Steve has 25 years of leadership experience at The Walt Disney Company & WellPoint. He was the Founding President at Disney Interactive Worldwide & had operating responsibility for Consumer Products Division in North America

Tom BancroftFounder
Chief Executive Officer, President, Treasurer, Secretary, Director, Show Creator

Tom, a former Disney Animator, has created characters in some of the most popular and profitable animated features of all time, including The Lion King, Pocahontas, and Mulan. He has also directed 10 Feature Films and 8 TV Series.

Tony BancroftFounder
Advisory Board Member

Over 30 years in the animation industry. He created Pumbaa the warthog in “The Lion King” and Kronk in “The Emperor’s New Groove” for Disney. He also co-directed the 1998 Hit Animated Film “Mulan”. Lead Animator on Warner Brother’s New Space Jam.

Christopher Joe
Advisory Board Member

Vice President & Chief Compliance Officer at AIG Life & Retirement Funds. Christopher has a demonstrated history of working in the investment management industry and is experienced in Options, Asset Management, Securities, ETFs, and Equities

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not required3+ reports filed & assets ≤ $10M

Filed 3 of 6 annual reports (FY2020–FY2025)

4,669 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-ARAug 9, 20240001829126-24-005327
    EDGAR
  • Form C-ARMay 19, 20230001665160-23-001273
    EDGAR
  • Form C-UJan 13, 20230001665160-23-000058
    EDGAR
  • Form C/ADec 12, 20220001665160-22-003047
    EDGAR
  • Form C/AOct 11, 20220001665160-22-002747
    EDGAR
  • Form CJul 15, 20220001665160-22-002038
    EDGAR
  • Form C-UJul 12, 20220001665160-22-002010
    EDGAR
  • Form C-ARMay 9, 20220001670254-22-000551
    EDGAR
Source: ManualCIK 0001835666DEShare price $4.88

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.