Bracketology

Bracketology

Closed: Jun. 2022

About this raise: 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.

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Investment Overview

Invested this round: $160,848

Deal Terms

Total Commitments ($USD)

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

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

Uncapped

Discount

30%

Company & Team

Company

Year Founded
2022
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Chicago, Illinois
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Jessica Dahlstrum
Title
co-founder
Founder Name
Mary Roberts
Title
co-founder
Founder Name
Kaitlyn Hurley
Title
CMO

Financials

 Revenue
$53,099
 Monthly Burn
$7,472
 Runway
1.4 months
Gross Margin
32%

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$700
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/19/2025 Wefunder $4,000,000 $74,767 SAFE Active RegCF
06/24/2022 Wefunder - $160,848 SAFE 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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Bracketology on Wefunder 2022
Platform: Wefunder
Security Type: SAFE

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Warning: according to the close date for this deal, Bracketology may no longer be accepting investments.

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