Scrimmage
Early Stage
Sports Betting
Analytics
Raised: $50,000
Aggregate Commitments $
Platform
PicMii
Start Date
05/31/2022
Close Date
08/31/2022
Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Funding Type
RegCF
Series
Seed
Valuation Cap
$3,000,000
Discount Rate
30%
Rolling Commitments $
Status
Active
Reporting Date
06/25/2022
Days Remaining
67
% of Min. Goal
500%
% of Max. Goal
20%
Likelihood of Max
Avg. Daily Raise
$2,000
Momentum
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Location
Del Valle, Texas
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: 05/31/2022
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