Level Up Basketball
About this raise
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.
Investment Overview
Invested : $55,840
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 01/17/2023
- Close Date
- 07/31/2023
$50,000
$124,000
$100
SAFE
Early Stage
RegCF
$5,000,000
$6,500,000
15%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Education, Training, & Coaching
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$13,288
as of FY2022
-
Runway
-
0.5 months
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $200,090
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/31/2023 | Wefunder | $6,500,000 | $55,840 | SAFE | Funded | RegCF |