Fanera
About this raise
Fanera, with a valuation cap of $4.5 million, is raising crowdfunding on Wefunder. The company has developed the first social network for football fans. The platform connects fans with the global football community, football clubs, football influencers, and brands in one place. Mohamed Zaid, Ash Abumaraq, and Mo Barhoush founded Fanera in August 2018. The current crowdfunding round has a minimum raise of $320,000 and a maximum raise of $1,000,000, and the funds will be used for marketing and sales, growing the team, and research and development. Fanera is preparing to become the official app of the Football World Cup 2022. It has over 200,000 downloads, more than 3.5 million monthly interactions, and over 70,000 fan-published content.
Investment Overview
Invested : $253,010
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 06/24/2021
- Close Date
- 09/02/2022
$250,000
$1,000,000
$100
Convertible Note
Seed
RegCF
$3,500,000
$4,500,000
0%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/02/2022 | Wefunder | $4,500,000 | $253,010 | Convertible Note | Funded | RegCF |