Finlete Funding
Early Stage
Buy Echedry Vargas shares through Finlete.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Dalmore Group
Start Date
02/27/2024
Close Date
02/27/2025
Min. Goal
$50,000
Max. Goal
$800,000
Min. Investment
$96
Security Type
Equity - Preferred
SEC Filing Type
RegCF
Price Per Share
$8.00
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/07/2024
Days Remaining
295
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2023
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Location
La Mesa, California
Finlete Funding is raising funds on Dalmore Group. The company has developed a platform that enters into agreements with and provides upfront funding to professional athletes. Finlete Funding helps promote the athletes and receives a percentage of the future revenues generated by these athletes. Currently, Finlete Funding has signed an agreement to promote Echedry Vargas, a top prospect in the Texas Rangers organization, in exchange for 10% of his future earnings and is seeking investment from sports fans in Echedry Vargas shares. George Robert Connolly founded Finlete Funding in December 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $800,000. The campaign proceeds will be used for the player agreement with Echedry Vargas.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$10 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 02/27/2024
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