Elite Amateur Fight League

Elite Amateur Fight League

Early Stage

America's 1st. Fan Owned Sports League

America's 1st. Fan Owned Sports League

Overview

Raised to Date: Raised: $202,995

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/22/2020

Close Date

01/26/2021

Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$5,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2021

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

$549

# of Investors

129

Momentum
Funded
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Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Griffith, Indiana

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

$38,209

Total Liabilities

$65,424

$38,209

Financials as of: 01/22/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Elite Amateur Fight League 11/22/2021 Wefunder $5,102,262 $0 Equity - Common Not Funded RegCF
Elite Amateur Fight League 01/26/2021 Wefunder $5,000,000 $202,995 Equity - Common 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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Elite Amateur Fight League on Wefunder
Platform: Wefunder
Security Type: Equity - Common
Valuation: $5,000,000
Price per Share: $1.00

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