Scrimmage

Scrimmage

Early Stage

Sports Betting

Sports Betting

Overview

Raised this Round: 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    Open SEC Filing

Valuation Cap

$3,000,000

Discount

30%

Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Del Valle, Texas

Business Type

High Growth

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
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Scrimmage on PicMii 2022
Platform: PicMii
Security Type: SAFE
Valuation: $3,000,000

Follow company

Follow Scrimmage on PicMii 2022

Buy Scrimmage's Deal Report

Warning: according to the close date for this deal, Scrimmage may no longer be accepting investments.

Scrimmage Deal Report

Get KingsCrowd’s comprehensive report on Scrimmage including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Scrimmage is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Scrimmage deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge