Sports Matching
Early Stage
An app that brings people together to play pick up sports
Overview
Raised: $28,400
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/10/2022
Close Date
04/30/2023
Min. Goal
$15,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
Funding Type
RegCF
Valuation Cap
$3,000,000
Discount Rate
10%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/01/2023
Days Remaining
88
% of Min. Goal
189%
% of Max. Goal
23%
Likelihood of Max
Avg. Daily Raise
$342
# of Investors
35
Momentum
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Location
Gladwyne, Pennsylvania
Industry
Media, Entertainment & Publishing
Tech Sector
GamingTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Sports Matching, with a valuation of $3 million, is raising funds on Wefunder. The company has developed an app to bring people together to play pick-up sports. The app allows users to create their accounts, create a match, and meet up and play. Sports Matching is in development and aims to make money by hooking people into the app on a free plan and generating revenue through in-app ads, subscription services, and betting. Alex Berger founded Sports Matching in May 2022. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $124,000. The campaign proceeds will be used for building the application, user acquisition, and covering the cost of coding and launch.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/10/2022
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