FanStake

FanStake

FanStake, with a valuation of $5 million, is raising funds on Andes Capital. The company allows fans to invest in the futures of athletes and share their financial success. FanStake identifies promising sports stars using AI and machine learning analytics and offers fans a chance to invest in their collegiate careers. The unique asset class enables investment in the future earnings of athletes, including NIL (Name, Image, Likeness) grants, endorsements, and professional contracts. Michael Friedman founded FanStake in August 2024. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $5 million. The campaign proceeds will be used for marketing, research and development, equipment purchases, future wages, accrued expenses, repayment of debt, portfolio of athletes, and general working capital.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Andes Capital
Start Date
10/03/2024
Close Date
09/15/2025
Min. Goal
$15,000
Max. Goal
$5,000,000
Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$5,000,000

Company & Team

Company

Year Founded
2024
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
West Palm Beach, Florida
Business Type
High Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
Yes
Founder Name
Michael Friedman
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/15/2025 Andes Capital $5,000,000 $0 Equity - Common Active RegCF
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Add to portfolio
FanStake on Andes Capital 2024
Platform: Andes Capital
Security Type: Equity - Common
Valuation: $5,000,000
Price per Share: $1.00

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Follow FanStake on Andes Capital 2024

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