Fishbrain
About this raise
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.
Investment Overview
Deal Terms
- Platform
- Republic
- Start Date
- 08/30/2022
- Close Date
- 09/01/2022
$5,000
$3,000,000
$5,000
Equity - Common
RegD 506(c)
$70,000,000
Company & Team
Company
- Year Founded
- 2010
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Location
- Naperville, Illinois
- Company Website
-
Visit Website
Team
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
09/01/2022 | Republic | $70,000,000 | - | Equity - Common | Funded | RegD 506(c) |