GIGA (Global Impact Gymnastics Alliance)

Women's gymnastics, the most watched Olympic sport, has no pro system. GIGA introduces an innovative solution to unlock the sport’s true potential, combining a women's pro league and multimedia platform to enable athletes on the field of play, captivate fans, and propel gymnastics into a new era.

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Security Type
Common Stock
Categories
Sports & Fitness
Min Investment
$100
Location
Wilton, CT
Offering Date
May 17, 2024
Expected Close Date
April 30, 2025
Target Raise
$10.00K-$574.22K
Security Price
$0.79
Valuation
$7,900,000
Website
gigaprogym.com
Number of Employees
0
Cash
$1,817
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-324,463

Company Description

GIGA’s origin story stems from a collective passion to address the glaring gap in women’s gymnastics: female athletes have no professional field of play revenue opportunities. Despite worldwide popularity and its rank as the #1 Olympic sport among US TV audiences and global female fans, women’s gymnastics has no organized professional system beyond amateur levels, either in the US or elsewhere. Consequently, without any pro leagues or prize money circuits offering attendant on-field earnings, gymnasts must seek revenue outside the sport.Lack of a structured, professional gymnastics pathway not only hinders earning potential and career longevity, but it also sets up a range of challenges for female athletes. Formidable financial burdens – such as costly training, coaching fees, and travel expenses – are compounded by the sport's inconsistent media coverage, which limits audience reach, promotional exposure, and associated avenues for NIL monetization. The combination of these economic pressures result in forced, premature retirement for most female gymnasts at top of their game. This is in stark contrast to opportunities for women competing in other top NCAA and Olympic sports, such as soccer, basketball, volleyball, tennis, and golf; the robust infrastructure and diverse field of play options offered to these female athletes, both domestically and internationally, highlights a sharp disparity and dearth of prospects for women competing at the highest levels in gymnastics. GIGA is dedicated to building a future where the sport’s top athletes can monetize their talent on the field of play, with self-determined agency and equal opportunities to sustain or extend competitive careers. This mission extends beyond mere competition; it's about empowering gymnasts to thrive, serving fans, and elevating the sport. In addition to enabling female gymnasts, this includes providing fans with unparalleled access to events, athlete stories, behind the scenes, as well as developing new data-tech, multimedia content, and immersive experiences to inspire the next generation of young athletes, break barriers, and ultimately reshape the landscape of women’s gymnastics. Disclaimer: Some images are conceptual renderings of products still in development, and serve illustrative purposes.

Management Team / Advisory Board Bios

The Cofounding team – veterans of gymnastics, media, and global sports Consulting partners and team of subject matter experts The Advisory Board member team – veterans of gymnastics, media, and global sports

Amount Raised : $30,050
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Security Description

Common stock is a security that represents ownership in a corporation.

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