FCF- Beasts

FCF- Beasts

Closed: Aug. 2022

About this raise: FCF- Beasts, with a valuation of $12.5 million, is raising funds on Republic. Beasts is one of the teams of Fan Controlled Football, the form of entertainment that allows fans to control real-time play calls, jersey designs, and just about everything. FCF- Beasts is owned by NFL running back Marshawn Lynch, WNBA star point guard Renee Montgomery, and WWE professional wrestler Miro. Sohrob Farudi, Ray Austin, Grant Cohen, and Patrick Dees founded FCF- Beasts in September 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used to attract key strategic and distribution partners.

Expand

Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
Republic
Start Date
06/28/2022
Close Date
08/24/2022
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment

$150

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$12,500,000

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Hermosa Beach, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
Yes
Founder Name
Sohrob Farudi
Title
CEO
Founder Name
Ray Austin
Title
Executive Producer
Founder Name
Grant Cohen
Title
Chief Growth Officer
Founder Name
Patrick Dees
Title
Co Founder & Chief Revenue Officer

Funding data not publicly available

Financials

 Revenue
$355,718
 Monthly Burn
$35,699
 Runway
0 months
Gross Margin
82%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$355,718

$0

COGS

$63,754

$0

Tax

$0

$0

 

 

Net Income

$-428,390

$-118,197

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$26,003

Short-Term Debt

$0

$0

Long-Term Debt

$194,680

$144,200

Total Liabilities

$194,680

$144,200

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Total Prior Capital Raised
$353,070
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/24/2022 Republic $12,500,000 $0 SAFE Not Funded RegCF
04/30/2021 Republic $7,500,000 $353,070 SAFE Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
FCF- Beasts on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $12,500,000

Follow company

Follow FCF- Beasts on Republic 2022

Buy FCF- Beasts's Deal Report

Warning: according to the close date for this deal, FCF- Beasts may no longer be accepting investments.

FCF- Beasts Deal Report

Get Kingscrowd's comprehensive report on FCF- Beasts including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether FCF- Beasts is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the FCF- Beasts deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge