FanBeat
Early Stage
Live-action mobile sports games.
Overview
Raised: $10,901
Total Commitments ($USD)
Platform
Microventures
Start Date
01/30/2019
Close Date
04/08/2019
Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Convertible Note
SEC Filing Type
RegCF
Valuation Cap
$14,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/06/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$163
# of Investors
50
Momentum
Not Funded
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Year Founded
2014
Industry
Media, Entertainment & Publishing
Tech Sector
Location
Atlanta, Georgia
FanBeat is currently raising on MicroVentures, with a valuation cap of $14 million. FanBeat is an online platform for live-action mobile sports games. It offers the fans of various games and events to participate in predictive play and answer questions related to the game they are watching, during the breaks. They can win prizes based on the points scored. FanBeat was founded by Ed Trimble and Mike Richards in 2014. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $107,000. FanBeat is currently partnering with Chicago Bulls and the Golf Channel. The company has generated revenues of $250,000, a 929% increase from the revenues in 2017.
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