I Got It

Enhancing the fan experience by taking home a piece of the action

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Form C
View on Wefunder
Security Type
Debt
Categories
Technology, Sports & Fitness
Min Investment
$1,000
Location
Bridgewater, NJ
Offering Date
November 16, 2020
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$1.07M
Security Price
$200
Deal Notes

Price per Share: $200.00

Valuation
$59,200,000
Website
igotit-nft.com
Number of Employees
2
Cash
$13,446
Revenue
$90,682
Short Term Debt
$238,831
Cost of Goods
$2,733
Long Term Debt
$0
Net Income
$-218,183

Company Description

I Got It Holdings Corp. is the investment vehicle for I Got It, an app that allows fans to bid real-time on exclusive memorabilia, one-of-a-kind experiences and curated merchandise exclusively with the sports teams they are watching live or remote.

The Company wants to partner with every sports franchise in the world providing teams a unique way to engage fans and help them to “capture the moment” meanwhile enhancing their monetization of existing souvenir and memorabilia through targeted sales. These projections cannot be guaranteed.Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Perks

Invest $5,000+ for $50 Credit to any I Got It! Auction
$20,000+ Two Tickets to a Game at one of our Partners' Home Venue
Invest $5,000+ for $50 Credit to any I Got It! Auction
$20,000+ Two Tickets to a Game at one of our Partners' Home Venue

Key Deal Facts

I Got It is a mobile application that provides an innovative platform with live auction technology and targeted marketing to drive app engagement and multi-channeled revenue.
The Company has launched with the New Orleans Saints and has signed deals with the Cleveland Cavaliers and others.
The I Got It mobile app engages fans to bid in real-time on experiences, merchandise and memorabilia exclusively.
I Got It offers teams and any performer a first-of-its-kind opportunity to engage fans and help them to “capture the moment”
The Company creates additional marketing dollars for sports franchises and creates new streams of revenues.
In our pandemic world, the Company allows fans to engage in a differentiated way and drives value for teams.
The Company has an attractive business model, with the sports franchises handling and processing shipping for inventory.
The Company's financial model focuses on risk mitigation and ensures that the first dollars from a partnership with a sports franchise are recouped by the Company.

Use of Proceeds

$50,000

  • 7.5% will pay Wefunder intermediary fees.
  • The balance of capital will be used for ongoing working capital.  Working capital includes paying expenses related to our operations and fees pursuant to our master services agreement.

$1,070,000

  • 7.5% will pay Wefunder intermediary fees.
  • Up to $750,000 will be used to pay sponsorship fees for transactions with new sports franchises.  The balance of capital will be used for ongoing working capital.  Working capital includes paying expenses related to our operations and fees pursuant to our master services agreement.

Management Team / Advisory Board Bios

Nicole Johnson
Co-Founder
Co-Founder, I Got It Marketing Expertise Successfully Balances Work Life and Family Life

Joseph De Perio
Chairman of the Board
Ex Hedge Fund Manager Founder Sports Technology Company VC Investor

Deal Notes

Price per Share: $200.00

Amount Raised : $55,500
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Valuation

Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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