Elite Amateur Fight League

BETA

America's 1st. Fan Owned Sports League

Analytics

Raised to Date: $66,531

Aggregate Commitments $
Platform

Wefunder

Start Date

01/23/2020

Close Date

12/01/2020

Min. Goal

$50,000

Max. Goal

$500,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$5,000,000

Weekly Commitments $
Status

Active

Reporting Date

09/16/2020

Days Remaining

72

% of Min. Goal

133%

% of Max. Goal

13%

Likelihood of Max
Avg. Daily Raise

$281

# of Investors

92

Momentum
Location
Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

Life Style

Elite Amateur Fight League, with a pre-money valuation of $5 million, is raising funds on WeFunder. The league is filling a gap in the MMA industry by being America’s first fan-owned sports league. Elite Amateur Fight League has promoted more than 150 amateur MMA fighters and has established 12 teams in 11 states. The league was founded by Jesse Nunez in 2014 and has raised over $100,000 in previous rounds of equity fundraising. The current round of crowdfunding has a minimum goal of $50,000 and a maximum goal of $500,000, and the funds will be used towards hiring a marketing conductor, business development, and event operations and production. Elite Amateur Fight League features the top amateur MMA fighters in televised national tournaments and reported a 975% growth in revenues from 2018 to 2019.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$13,080

$14,525

COGS

$9,011

$8,666

Tax

$0

$0

 

 

Net Income

$-36,231

$-15,925

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$144

$675

Accounts Receivable

$0

$0

Total Assets

$144

$675

Short-Term Debt

$3,700

$0

Long-Term Debt

$61,724

$0

Total Liabilities

$65,424

$38,209

Ratings

last updated 09/16/2020

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