Thuzio
Early Stage
Events & media company celebrating renowned athletes and sports moments.
Overview
$536,263 - RegCF
$1,002,263 - Total
$1,002,263 - Total
Total Commitments ($USD)
Platform
SeedInvest
Start Date
07/05/2019
Close Date
09/06/2019
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment
$1,000
Security Type
Equity - Preferred
SEC Filing Type
RegCF
/ RegD 506(c)
Price Per Share
$0.17
Pre-Money Valuation
$5,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/01/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$8,512
Momentum
Not Funded
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Year Founded
2011
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Location
New York, New York
Thuzio, with a pre-money valuation of $5 million, is raising funds on SeedInvest. It is a sports events and media company focused on inspirational stories associated with live sports. The sports fans get to meet their heroes at the invitation-only events and learn from them. Thuzio was founded by Tiki Barber, Mark Gerson, and Jared Augustine in 2012 and has raised $178,600 in previous rounds of funding. The proceeds of the current crowdfunding round, with a round size of $2 million, will be used for payroll, marketing, third-party, and general expenses. Thuzio reported $2.67 million in revenues in 2018 and has served more than 200 corporate customers.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Thuzio | 04/29/2020 | Republic | $7,500,000 | $82,973 | SAFE | Funded | RegCF |
| Thuzio | 09/06/2019 | SeedInvest | $5,000,000 | $1,002,263 | Equity - Preferred | Not Funded | RegCF / RegD 506(c) |
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