Oakland Roots and Soul Sports Club
Oakland Roots and Soul Sports Club, with a valuation of $93 million, is raising funds on Wefunder. It is a pro sports club with purpose-driven soccer teams. The club will play in 2025 at the historic Oakland Coliseum and has been called the “coolest team in the USA” by the global soccer publication, FourFourTwo Magazine. Oakland Roots and Soul Sports Club is the best hope for pro sports in Oakland and also the first pro team to be a member of the global Common Goal movement. Mike Geddes and Edreece Arghandiwal founded Oakland Roots and Soul Sports Club in July 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $3 million. The campaign proceeds will be used for staff, coach, player, and related costs, gameday and facility costs, and real estate planning.
Investment Overview
Raised: $418,033
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 09/13/2024
- Close Date
- 01/31/2025
$50,000
$3,000,000
$100
Equity - Common
RegCF
$100.00
$93,017,123
Company & Team
Company
- Year Founded
- 2018
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Location
- Oakland, California
- Company Website
-
Visit Website
Team
- Employees
- 50
Financials
-
Revenue
- $4,063,284
- Monthly Burn
- $843,190
-
Runway
- 1 months
- Gross Margin
- 93%
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Company Funding & Growth
Funding history
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.