NY Union
Early Stage
Be an owner of men's and women's soccer clubs rooted in Rochester and Syracuse NY!
Overview
Raised: $63,948
Total Commitments ($USD)
Platform
Wefunder
Start Date
09/26/2023
Close Date
04/29/2024
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$2,376,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/04/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$297
# of Investors
127
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2023
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
NY Union, with a valuation of $2.38 million, is raising funds on Wefunder. The entity includes three soccer clubs rooted in Rochester and Syracuse, New York. NY Union includes two professional men’s soccer clubs, Flower City Union and Salt City Union, and one semi-professional women’s soccer club, Flower City 1872. The clubs are led by passion and inclusion and believe in nurturing social and economic connections through inclusive business practices. Mark Washo and James Paola founded NY Union in January 2023. 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 club operations expenses, setting up the new LLC, marketing, merchandise, women’s club branding, soccer club operations, stadium enhancements, and fan experiences.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$240,422 |
$0 |
|
COGS |
$2,487 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-301,260 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$31,949 |
$0 |
|
Accounts Receivable |
$4,000 |
$0 |
|
Total Assets |
$35,949 |
$0 |
|
Short-Term Debt |
$71,698 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$71,698 |
$0 |
Financials as of: 09/26/2023
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.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.