MockOut
About this raise
MockOut, with a valuation of $5 million, is raising funds on StartEngine. The company has developed an app that allows sports fans to compete in mock draft contests for the NFL Draft. MockOut offers fans a simple platform to create mock drafts and contests and compete against other users. The mock drafts are scored based on MockOut’s unique scoring system, and the winners receive a prize. Michael McKeon and Daniel Sills founded MockOut in May 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used for R&D and production, marketing, working capital, and web hosting.
Investment Overview
Invested : $65,325
Deal Terms
- Platform
- StartEngine
- Start Date
- 08/08/2017
- Close Date
- 10/14/2017
$10,000
$500,000
$200
Equity - Common
Early Stage
RegCF
$5.00
$5,000,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Location
- Durham, North Carolina
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2016
- Monthly Burn
-
$3,198
as of FY2016
-
Runway
-
4 months
as of FY2016
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/14/2017 | StartEngine | $5,000,000 | $65,325 | Equity - Common | Funded | RegCF |