COMPETE
Early Stage
Gameified AR Sports Technology
Overview
Raised: $12,019
Total Commitments ($USD)
Platform
StartEngine
Start Date
07/20/2018
Close Date
10/18/2018
Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment
$130
Security Type
Equity - Common
SEC Filing Type
RegCF
Pre-Money Valuation
$1,920,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/31/2018
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$134
# of Investors
21
Momentum
Funded
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Year Founded
2017
Industry
Fitness & Wellness
Tech Sector
Location
Windermere, Florida
COMPETE is a sports app all about getting up and competing. Their app allows athletes to compete against anyone else in the world -- anywhere, anytime. The COMPETE idea is provisionally patent-pending, and it takes video game features enhanced by augmented reality (AR) to motivate people to get up and move. COMPETE’s app gamifies the competition and offers real-time coaching, allowing people to measure their performance metrics in real time. So far, 500 players have already signed up to test the MVP, and COMPETE believes that ultimately it will “...help people overcome the barriers to entry in each sport, such as cost, location, exposure, knowledge, and lack of fitness or motivation.”
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| COMPETE | 04/30/2019 | StartEngine | $1,920,000 | $0 | Equity - Common | Not Funded | RegCF |
| COMPETE | 10/18/2018 | StartEngine | $1,920,000 | $12,019 | Equity - Common | Funded | RegCF |
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