Trading Players

Trading Players

Closed: Feb. 2023

About this raise

Trading Players, with a valuation of $7 million, is raising funds on MicroVentures. The company has developed a fantasy sports stock market game for customers to trade virtual shares of athletes. The value of the shares of athletes rises or falls based on their on-field performance and can be traded on Trading Players based on demand and supply. Trading Players soft-launched in February 2022 and has 76 paying subscribers and 347 registered users as of October 1, 2022. Ken Pendleton, Steve Hubbard, and Joe Fugarino founded Trading Players in September 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for payroll, contract development, marketing, legal fees, and office and admin expenses.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Microventures
Start Date
11/03/2022
Close Date
02/18/2023
Min. Goal
$50,000
Max Goal
$1,069,999
Min. Investment

$100

Security Type

Equity - Preferred

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.08

Pre-Money Valuation

$7,000,000

Company & Team

Company

Year Founded
2015
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Eugene, Oregon
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Steve Hubbard
Title
CFO Board Member
Founder Name
Ken Pendleton
Title
CEO

Funding data not publicly available

Financials

 Revenue
$1,168
 Monthly Burn
$79,016
 Runway
0.3 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,168

$0

COGS

$176,805

$0

Tax

$0

$0

 

 

Net Income

$-948,189

$267,306

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$24,938

$2,576

Accounts Receivable

$0

$0

Total Assets

$30,938

$2,576

Short-Term Debt

$94,655

$171,765

Long-Term Debt

$722,902

$525,365

Total Liabilities

$817,557

$697,130

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,950,733
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/18/2023 Microventures $7,000,000 $0 Equity - Preferred Not Funded RegCF
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Add to portfolio
Trading Players on MicroVentures 2022
Platform: Microventures
Security Type: Equity - Preferred
Valuation: $7,000,000
Price per Share: $1.08

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Follow Trading Players on MicroVentures 2022

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

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