SportsEdTV
Early Stage
Learn Any Sport, Anytime, Anywhere
Overview
Raised: $206,487
Total Commitments ($USD)
Platform
StartEngine
Start Date
11/30/2021
Close Date
04/29/2022
Min. Goal
$9,998
Max. Goal
$1,069,999
Min. Investment
$102
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$3.10
Pre-Money Valuation
$45,061,966
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,386
# of Investors
110
Momentum
Funded
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Year Founded
2017
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
SportsEdTV, with a valuation of $45.1 million, is raising funds on StartEngine. The company has developed an online platform that helps people improve their sports skills. The platform offers free video and blog content for athletes, coaches, and parents and helps them learn any sport anytime, anywhere. SportsEdTV has over 500,000 social media followers and gets 3.5 million monthly unique visitors. Victor Bergonzoli founded SportsEdTV in August 2017. The current crowdfunding campaign has a minimum target of $9,997.50 and a maximum target of $1,069,999.10. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,527 |
$13,505 |
|
COGS |
$894,569 |
$311,645 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,877,049 |
$-950,246 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1,144,928 |
$1,616,886 |
|
Accounts Receivable |
$814 |
$26 |
|
Total Assets |
$2,047,741 |
$2,005,473 |
|
Short-Term Debt |
$59,907 |
$287,390 |
|
Long-Term Debt |
$713,797 |
$0 |
|
Total Liabilities |
$773,704 |
$287,390 |
Financials as of: 11/30/2021
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