AI powered app transforming the $44 billion sports and trading cards industry

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Technology, Sports & Fitness, Other, Retail
Min Investment
Chicago, IL
Expected Close Date
April 29, 2024
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

In 14 months, we have had a 1300% increase in revenue and 700% increase in paying members
Cash flow positive projected by Q3 2024
In 14 months, we have had over 1 million app downloads and over 90 million trading cards scanned
During the same period, our monthly active users increased from 7K to over 240K
Top rated app: 4.7 stars with over 12,000 reviews on Apple and Google app stores
Partnerships with the trading card industry's largest companies: eBay, Fanatics, TikTok, and Topps
Ludex users are global recently expanding into 130+ countries
Executive team has scaled and exited previous businesses for $1.2 billion

Management Team / Advisory Board Bios

Brian Ludden CEO & FounderEntrepreneur, inspirational leader, and pioneer. Brian is leveraging his breadth and depth of expertise at Ludex having built a worldwide proprietary algorithmic trading firm within the derivatives and option exchanges., Heather Denniston President & Co-FounderSeasoned executive with an expertise in human capital, strategy, operations with vast experience scaling growth companies. Heather's strategic acumen plays a pivotal role in positioning Ludex as the leader in the collectibles industry., Ryan FischerChief Technology & Product OfficerA technology professional and entrepreneur, with expertise in artificial intelligence and app development. Ryan has built teams across diverse industries, including blockchain technology, health services, E-Commerce, and financial services., Jamie GreenleesChief Commercial OfficerA former McKinsey consultant and professional athlete, with two decades of leadership expertise in business development, Jamie is a driving force behind the company's revenue growth and successful product commercialization within the collectibles industry, Nick ShinChief Marketing OfficerSeasoned data driven marketer focused on user acquisition and retention. Nick’s marketing approach is activating what can be measured and continuously improving. Formerly at a tech startup as SVP, Digital Marketing and 10 years between GE and Synchrony.
Amount Raised : $933,145
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