About this raise
Oakland Sports Club, with a valuation of $78.2 million, is raising funds on Wefunder. It is a pro sports club with purpose-driven soccer teams. Oakland Sports Club’s teams include Project 51O, Roots, and Soul, and they bring sports and community together. Oakland 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 Sports Club in July 2018. The current crowdfunding campaign has a minimum target of $51,480 and a maximum target of $4.99 million. The campaign proceeds will be used for staff, coach, player, and related costs, gameday and facility costs, and real estate planning.
Investment Overview
Invested : $3,162,013
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 08/18/2023
- Close Date
- 11/01/2023
$51,480
$4,993,560
$100
Equity - Common
Growth Stage
RegCF
$10,296.00
$78,226,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +89% YoY
-
$3,775,068
as of FY2022
- Monthly Burn
-
$828,905
as of FY2022
-
Runway
-
0.9 months
as of FY2022
- Gross Margin
-
87%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $41,069,093
- VC Backed?
- No
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.