Aro Lucha
Early Stage
The World's First Fan Owned Lucha Libre Sports & Entertainment Company.
Overview
Raised: $135,348
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/16/2018
Close Date
07/25/2018
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$3.00
Pre-Money Valuation
$9,480,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/31/2018
Days Remaining
Funded
% of Min. Goal
271%
% of Max. Goal
13%
Likelihood of Max
Funded
Avg. Daily Raise
$1,033
# of Investors
335
Momentum
Funded
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Year Founded
2017
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Location
Franklin, Tennessee
Lucha libre has been a key staple of Mexican and Latin American pop culture for decades -- and now, Aro Lucha wants to bring it to the US. Lucha libre is known for its masked wrestlers, crazy fan base, and insane storylines, and, with Aro Lucha, the 57 million Hispanic and Latino people in the US will have access to it. Rey Mysterio and Konnan, two of the most iconic lucha libre names, are partners and shareholders with Aro Lucha, and the founders are ex-WWE performers with over 50 years of combined experience in the wrestling industry. The filming of Aro Lucha’s pilot episode in December 2017 sold out and two of their live shows in January garnered 97,000 impressions and 2,409 engagements on Facebook. The untapped lucha libre US market is ready for their superhero wrestlers...and Aro Lucha plans to bring them those fights, one wrestling match at a time.
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