Athlete+
Early Stage
Banking for athletes + financial fitness tools
Overview
Raised: $96,403
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/14/2022
Close Date
04/30/2023
Min. Goal
$200,000
Max. Goal
$1,000,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
Funding Type
RegCF
Valuation Cap
$12,000,000
Discount Rate
20%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/03/2023
Days Remaining
86
% of Min. Goal
48%
% of Max. Goal
10%
Likelihood of Max
Avg. Daily Raise
$1,190
Momentum
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Location
Martin City, Montana
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Athlete+, with a valuation of $12 million, is raising funds on Wefunder. The company is building the world’s first athlete-centric financial services community and platform. The business aims to provide equitable finance and monetization products, including banking and financial fitness tools, for all athletes. Athlete+ has already secured an FDIC-insured sponsor bank and has over 40 universities signed up for the prelaunch. Michael Fingado and Brian Dzingai founded Athlete+ in October 2021. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $1 million. The campaign proceeds will be used for product development, hiring, marketing, compliance, and legal fees.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/14/2022
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