Level Up Basketball
Early Stage
Super App for Basketball Training: Powered by Community and Gamification
Overview
Raised: $55,840
Total Commitments ($USD)
Platform
Wefunder
Start Date
01/17/2023
Close Date
07/31/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$5,000,000
Valuation Cap
$6,500,000
Discount
15%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/06/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$286
# of Investors
17
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2021
Industry
Education, Training, & Coaching
Tech Sector
GamingTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Level Up Basketball, with a valuation of $7.5 million, is raising funds on Wefunder. The company has developed a super app for basketball training powered by community and gamification. The app enables players to develop skills through more than 400 educational videos and connect with teammates and coaches. Level Up Basketball uses community, analytics, and gamification and is a unique online coaching platform. Evgeny Lisovskiy and Eugene Lisovskiy founded Level Up Basketball in July 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for product development, technical infrastructure, and marketing.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$7,399 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-159,458 |
$-68,790 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$6,702 |
$81,300 |
|
Accounts Receivable |
$1,189 |
$0 |
|
Total Assets |
$8,842 |
$81,300 |
|
Short-Term Debt |
$12,000 |
$0 |
|
Long-Term Debt |
$225,000 |
$150,000 |
|
Total Liabilities |
$237,000 |
$150,000 |
Financials as of: 01/17/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.