Upside

Fantasy sports & betting app where the players (i.e. users) own the House

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Form C
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Security Type
SAFE
Min Investment
$300
Location
MIAMI, FL
Offering Date
August 20, 2024
Expected Close Date
March 01, 2025
Target Raise
$50.00K-$617.00K
No. Investors
95
Security Price
$1
Website
upsideapp.com
Number of Employees
1
Cash
$28,500
Revenue
$0
Short Term Debt
$809,564
Cost of Goods
$0
Long Term Debt
$500,000
Net Income
$-695,098

Company Description

Everyone knows the House always wins. That is why we are inviting you to own the House.

Perks

Invest
$5,000
Receive
18 holes of golf with Michael Vick
Limited (2 left of 2)

Key Deal Facts

Fantasy sports & betting co. where players (i.e. users) own 30% of equity
Players earn equity for gameplay, referral, & for helping build the company
10% of equity is reserved to benefit mental health & addiction
Safe & social betting app for fantasy sports, bracketology, & sportsbook
Patented NCAA bracket product let's users change picks in real-time
Games successfully operated w/ CBS Sports, SB Nation, Entercom, & more
Raised $1.4MM & acquiring $3MM+ in proven gaming assets (incl. patents)

Management Team / Advisory Board Bios

Tom McAuley
Co-Founder & CEO

Sam Williams
Co-Founder & CCO

Tom Alexander
Co-Founder & CMO

Wael Abou-Zaki
Creative Director

Mark Brenner
Co-Founder & Strategic Advisor

Jody Bechtold
Responsible Gaming Advisor
Amount Raised : $692,803
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Business Idea
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Business Traction
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Management Team
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Valuation

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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