LoopGolf

LoopGolf

Building a digital wallet to capture a golfer's entire spend

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Form C
View on Republic
Security Type
Crowd SAFE
Min Investment
$100
Location
BEVERLY HILLS, MI
Offering Date
September 14, 2022
Expected Close Date
March 12, 2023
Target Raise
$25.00K-$1.24M
No. Investors
21
Security Price
$1
Website
joinloopgolf.co
Number of Employees
2
Cash
$570,125
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$534,019
Net Income
$-55,394

Key Deal Facts

Golf is booming, with 38M golfers playing nearly 260M rounds annually
Consumers are going cashless
The digital wallet for golf at the intersection of sports and culture
Issuing a credit card designed to reward golfers for spend and play
Raised $1.2M to-date with notable investors in FinTech
Founders Ex-Square / Ex-CashApp

Perks

Reserve
$5,000
Receive
Free entry into our inaugural march madness golf tournament. A 2v2 match play tournament. Survive and advance. Winner takes home $20K in addition to their winnings from each match, directly into their LoopGolf wallet. Location and dates to be announced at a later date.

Management Team / Advisory Board Bios

Thomas Reinholm
Co-Founder

Matt Rum
Co-Founder
Co-founder of LoopGolf

Michael Sarzynski
Technical Co-Founder

Scott Brittain
Board Member

Stephen Hammer
Technical Advisor

Vyara Ndejuru
Marketing & Community Advisor

Austin Ellis
Technical Advisor

Preston McCllelan
Marketing & Social Advisor

Tony Tom
Payments Advisor
Amount Raised : $12,533
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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

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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