FCF- Beasts

[Closed for Investment] FCF- Beasts, with a valuation of $7.5 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 in September 2020. The current round of crowdfunding has a minimum raise of $25,000.50 and a maximum raise of $265,000, and the funds will be used to grow the team. FCF- Beasts has a multi-year distribution deal with Twitch and has a strategic partnership with Verizon.

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Investment Overview

Raised this Round: Raised: $353,070

Deal Terms

Total Commitments ($USD)

Platform
Republic
Start Date
01/27/2021
Close Date
04/30/2021
Min. Goal
$25,001
Max. Goal
$565,000
Min. Investment

$150

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.50

Valuation Cap

$7,500,000

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Hermosa Beach, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
Yes
Founder Name
Grant Cohen
Title
Chief Growth Officer
Founder Name
Patrick Dees
Title
Co Founder & Chief Revenue Officer
Founder Name
Ray Austin
Title
Executive Producer
Founder Name
Sohrob Farudi
Title
CEO

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
$8,200,000
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
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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

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Add to portfolio
FCF- Beasts on Republic
Platform: Republic
Security Type: SAFE
Valuation: $7,500,000
Price per Share: $1.50

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FCF- Beasts Deal Report

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