Bracketology
Early Stage
America's largest centralized platform for reality TV fantasy gaming!
Analytics
Raised: $160,848
Aggregate Commitments $
Platform
Wefunder
Start Date
06/03/2022
Close Date
06/24/2022
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Funding Type
RegCF
Series
Pre-Seed
Valuation Cap
Uncapped
Discount Rate
30%
Rolling Commitments $
Status
Funded
Reporting Date
06/25/2022
Days Remaining
Funded
% of Min. Goal
322%
% of Max. Goal
15%
Likelihood of Max
Funded
Avg. Daily Raise
$7,659
Momentum
Funded
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Location
Chicago, Illinois
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Bracketology is raising funds on Wefunder. It is America’s largest centralized platform for reality TV fantasy gaming. Bracketology’s current solution, Bach Bracket, combines fantasy sports with reality TV and allows users to join a league, make weekly picks, and check their scores. Bracketology has over 580,000 unique users on the platform and has increased the average annual revenue by 531%. Kaitlyn Hurley, Jess Dahlstrum, and Mary Roberts founded Bracketology in March 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for custom software development, salaries, and paid marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$53,099 |
$0 |
|
COGS |
$35,928 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-89,662 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$10,232 |
$0 |
|
Accounts Receivable |
$3,541 |
$0 |
|
Total Assets |
$13,773 |
$0 |
|
Short-Term Debt |
$102,187 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$102,187 |
$0 |
Financials as of: 06/03/2022
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