Scrimmage
Early Stage
Sports Betting
Overview
Raised: $87,569
Total Commitments ($USD)
Platform
PicMii
Start Date
05/30/2022
Close Date
09/02/2022
Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$3,000,000
Discount
30%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$932
Momentum
Funded
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Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Scrimmage, with a valuation of $3 million, is raising funds on PicMii. The business is an operator in the sports betting industry and acts as the broker between sports bettors and sportsbooks. The system simplifies the sports betting process, helps bettors get the best price available, and keeps track of the complete history of bets. Scrimmage is already licensed in most of the US states with online legal sports betting and earns through affiliate marketing with the top US sportsbooks. Matthew Dever and Daniel Taren founded Scrimmage in July 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-33,050 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$24,150 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$24,150 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/30/2022
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