American 7s Football League

American 7s Football League

[Closed for Investment] American 7s Football League, with a pre-money valuation of $9 million, is raising funds on StartEngine. The league has started no helmet no pads tackle football and has tailored the 7-on-7 style of play to reduce head-to-head contact. Due to removing helmets and hard pads, the game has been modified to reduce injury and still remains exciting. American 7s Football League was founded by Ryan DePaul and Sener Korkusuz in 2014. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used to grow the brand further. American 7s Football League has already hosted five successful seasons, 20 teams, over 500,000 social media followers, and over 100 million video views.

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Investment Overview

Raised this Round: Raised: $672,641

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
03/02/2020
Close Date
01/16/2022
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$375

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.25

Pre-Money Valuation

$9,000,000

Company & Team

Company

Year Founded
2014
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Boca Raton, Florida
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Sener Korkusuz
Title
CEO
Founder Name
Ryan DePaul
Title
President

Financials

 Revenue
$20,273
 Monthly Burn
$874
 Runway
0.6 months
Gross Margin
6%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$20,273

$10,969

COGS

$18,999

$4,331

Tax

$0

$0

 

 

Net Income

$-10,482

$-8,410

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$520

$3,238

Accounts Receivable

$0

$0

Total Assets

$520

$3,238

Short-Term Debt

$6,312

$1,098

Long-Term Debt

$21,715

$19,165

Total Liabilities

$28,027

$20,263

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/07/2022 StartEngine $19,487,298 $19,525 Equity - Common Funded RegCF
01/16/2022 StartEngine $9,000,000 $672,641 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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American 7s Football League on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $9,000,000
Price per Share: $1.25

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Warning: according to the close date for this deal, American 7s Football League may no longer be accepting investments.

American 7s Football League Deal Report

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