FreeRolls Entertainment

FreeRolls Entertainment

Early Stage

Poker Meets Advertising! Over $1.24M in 2019 Revenue!

Poker Meets Advertising! Over $1.24M in 2019 Revenue!

Overview

Raised to Date: Raised: $117,438

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/23/2019

Close Date

04/29/2020

Min. Goal
$50,000
Max. Goal
$999,998
Min. Investment

$300

Security Type

Equity - Preferred

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.38

Pre-Money Valuation

$12,400,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/02/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$625

# of Investors

95

Momentum
Funded
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Year Founded

2017

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Katy, Texas

Business Type

Life Style

"We are one of the largest and fastest-growing poker clubs in the State of Texas!"

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$65,185

$0

COGS

$0

$0

Tax

$8,353

$0

 

 

Net Income

$-659,161

$-1,896

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$4,569

$19

Accounts Receivable

$0

$0

Total Assets

$641,560

$1,019

Short-Term Debt

$302,699

$1,415

Long-Term Debt

$443,400

$0

Total Liabilities

$746,099

$1,415

Financials as of: 10/23/2019
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
FreeRolls Entertainment 04/28/2020 Wefunder $12,400,000 $117,438 Equity - Preferred Funded RegCF
FreeRolls Entertainment 07/31/2018 GrowthFountain $5,000,000 $0 Equity - Common Not Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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FreeRolls Entertainment on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $12,400,000
Price per Share: $2.38

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