Fishbrain
Growth Stage
Fish smarter, today
Overview
Platform
Republic
Start Date
08/30/2022
Close Date
09/01/2022
Min. Goal
$5,000
Max. Goal
$3,000,000
Min. Investment
$5,000
Security Type
Equity - Common
SEC Filing Type
RegD 506(c)
Pre-Money Valuation
$70,000,000
Year Founded
2010
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Location
Naperville, Illinois
Fishbrain, with a valuation of $70 million, is raising funds on Republic through Reg D 506(c) raise. It is a community-based mobile app and social network for people who love fishing. The platform delivers the best possible fishing experience by providing anglers with the tools, insights, and support they need to enjoy fishing. Fishbrain has more than 14 million registered users and over 200,000 paying subscribers. The business generated $10 million in revenue in 2021, with a 72% gross margin. Johan Attby and Jens Persson founded Fishbrain in 2010. The current crowdfunding campaign has a maximum target of $3 million. The campaign proceeds will be used for sales, marketing, business development, and working capital.
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