Bracketology

Bracketology

Early Stage

Fantasy Sports, for Reality TV

Fantasy Sports, for Reality TV

Overview

Raised this Round: Raised: $91,442

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/11/2024

Close Date

10/31/2024

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,600,000

Valuation Cap

$4,000,000

Discount

20%

Year Founded

2022

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Chicago, Illinois

Business Type

High Growth

Bracketology, with a valuation of $4 million, is raising funds on Wefunder. The company is a centralized platform for reality TV fantasy gaming, reinventing the social experience around reality TV shows through fantasy gaming. They have expanded their fantasy gaming to 8 new shows and generated significant passive revenue through sponsorships and ads. Bracketology was founded by Kaitlyn in 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000 . The campaign proceeds will be used for payroll expansion, software development, exploration into marketing, and legal fees.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$14,059

$28,065

COGS

$5,851

$8,155

Tax

$0

$0

 

 

Net Income

$-87,900

$-28,043

Summary Balance Sheet

FY 2023 FY 2022

Cash

$84,743

$683

Accounts Receivable

$0

$0

Total Assets

$190,592

$130,458

Short-Term Debt

$2,409

$4,375

Long-Term Debt

$304,535

$154,126

Total Liabilities

$306,944

$158,501

Financials as of: 06/11/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bracketology 10/30/2024 Wefunder $4,000,000 $91,442 SAFE Active RegCF
Bracketology 06/23/2022 Wefunder - $160,848 SAFE Funded RegCF
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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 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

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