Fanera

Early Stage

First social network for football that unites fans. TikTok for football

Analytics

Raised to Date: Raised: $284,110

Aggregate Commitments $

Platform

Wefunder

Start Date

06/24/2021

Close Date

04/30/2023

Min. Goal

$450,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$4,500,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

07/03/2022

Days Remaining

301

% of Min. Goal

63%

% of Max. Goal

28%

Likelihood of Max
unlikely
Avg. Daily Raise

$760

Momentum
cold.svg
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Location

Katy, Texas

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$46,500

$17,450

COGS

$0

$0

Tax

$1,700

$0

 

 

Net Income

$-55,580

$29,760

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$75,380

$22,760

Accounts Receivable

$0

$0

Total Assets

$181,420

$97,000

Short-Term Debt

$0

$0

Long-Term Debt

$150,000

$50,000

Total Liabilities

$150,000

$50,000

Financials as of: 06/24/2021
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Fanera on Wefunder 2021
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Platform: Wefunder
Security Type: Convertible Note
Valuation: $4,500,000

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