FanBeat
About this raise: 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.
Investment Overview
Not Funded: $10,901
Deal Terms
Total Commitments ($USD)
- Platform
- Microventures
- Start Date
- 01/31/2019
- Close Date
- 04/08/2019
$25,000
$107,000
$100
Convertible Note
RegCF
$14,000,000
0%
Company & Team
Company
- Year Founded
- 2014
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Location
- Atlanta, Georgia
- Company Website
-
Visit Website
Team
- Employees
- 5
Financials
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- Advanced company search ( with ratings)
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/08/2019 | Microventures | $14,000,000 | $10,901 | Convertible Note | Not Funded | RegCF |