Sports Gambling Guides

Sports Gambling Guides

Closed: Nov. 2022

About this raise: Sports Gambling Guides, with a valuation of $22.1 million, is raising funds on StartEngine. The business is creating content for modern sports fans and provides sports and sports gambling social media marketing services. It is a licensed sports gambling media company in all legal 18 US states and caters to 17 million sports fans daily. Sports Gambling Guides handles social media marketing and customer acquisitions for large sports firms, including FanDuel, BetMGM, and Fanatics. Troy Paul and Mark Paul founded Sports Gambling Guides in April 2022. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $4,999,998.12. The campaign proceeds will be used to increase partnerships and launch its online casino brand in late 2022.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
09/01/2022
Close Date
11/15/2022
Min. Goal
$10,000
Max. Goal
$4,999,998
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.56

Pre-Money Valuation

$22,074,002

Company & Team

Company

Year Founded
2022
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
Location
Los Angeles, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
18
Prior Founder Exits?
Yes
Founder Name
Mark Paul
Title
Chief Executive Officer
Founder Name
Troy Paul
Title
President

Funding data not publicly available

Financials

 Revenue
$109,042
 Monthly Burn
$55,311
 Runway
8.5 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$109,042

$0

COGS

$209,258

$18,565

Tax

$932

$800

 

 

Net Income

$-663,728

$-278,684

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$468,646

$64,479

Accounts Receivable

$250

$0

Total Assets

$523,525

$83,362

Short-Term Debt

$215,937

$167,046

Long-Term Debt

$0

$0

Total Liabilities

$215,937

$167,046

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/15/2022 StartEngine $22,074,002 $0 Equity - Common Not Funded RegCF
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Add to portfolio
Sports Gambling Guides on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $22,074,002
Price per Share: $1.56

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Follow Sports Gambling Guides on StartEngine 2022

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

Sports Gambling Guides Deal Report

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