SportBLX Thoroughbreds (2021)

SportBLX Thoroughbreds (2021)

Closed: Sep. 2021

About this raise

SportBLX Thoroughbreds, with a pre-money valuation of $602,000, is raising funds on WeFunder. The company owns several racehorses and will allow fans to take thoroughbred ownership. It is a web portal that will allow investors to own a stake in unique sports assets. SportBLX Thoroughbreds will also provide unique content on its website, in addition to on-track experiences. Joseph De Perio and George Hall founded SportBLX Thoroughbreds in 2019. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used to purchase an additional stake in Max Player. The thoroughbreds of SportBLX have strong pedigrees, and Max Player is coming off a G2 suburban S. victory that has qualified him to compete in the $6 million Breeders’ Cup Classic.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
08/02/2021
Close Date
09/05/2021
Min. Goal
$50,000
Max Goal
$250,000
Min. Investment

$100

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$100.00

Pre-Money Valuation

$601,900

Company & Team

Company

Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Location
New York, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
George E Hall
Title
CEO and Executive Chairman
Founder Name
Joseph A De Perio
Title
President

Funding data not publicly available

Financials

 Revenue
$111,951
 Monthly Burn
$2,705
 Runway
2.2 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$111,951

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-32,457

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$6,009

$0

Accounts Receivable

$40,156

$0

Total Assets

$282,039

$0

Short-Term Debt

$95,108

$0

Long-Term Debt

$0

$0

Total Liabilities

$95,108

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/05/2021 Wefunder $601,900 $0 Equity - Common Not Funded RegCF
06/21/2020 Wefunder $283,000 $0 Equity - Common Not Funded RegCF
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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.

Employee History

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Add to portfolio
SportBLX Thoroughbreds on Wefunder 2021
Platform: Wefunder
Security Type: Equity - Common
Valuation: $601,900
Price per Share: $100.00

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

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