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Matcherino

Operating

Matcherino, Inc.

Recreation · Bellevue, DE · Founded 2015

Software platform for sponsors, gam publishers, and tournament organizers to run scalable esports events

Post-money valuation
$6.4M
As of Feb 2024 · from Matcherino Preferred Stock 2 · pre-money + amount raised, not a traded price
Total raised
$866,869
Across 2 rounds since 2021
Latest share price
$2.30
Matcherino Preferred Stock 2 offering price

Financials

FY2019–FY2022 · from SEC filings · hover any figure for its source
$364K
−$1.4M
2019
$204K
−$1.7M
2020
$462K
−$1.2M
2021
$709K
−$694K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019
FY2020
FY2021
FY2022
Income statement
Revenue
$364,384
$203,605
$462,326
$708,656
Cost of goods sold
$187,806
$194,257
$291,870
$377,188
Gross margin
48%
5%
37%
47%
Net income
-$1,417,188
-$1,731,687
-$1,226,380
-$694,254
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$2,792,857
$1,164,195
$757,927
$122,343
Accounts receivable
$39,532
$35,787
$139,711
$61,799
Total assets
$2,849,643
$1,869,880
$903,119
$188,740
Short-term debt
$330,875
$0
$366,454
$483,638
Long-term debt
$0
$200,080
$142,135
$0
Total liabilities
$330,875
$200,080
$508,589
$483,638
Other
Headcount
13
5
15

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$18.2M
post-money
$6.4M
post-money
Matcherino Preferred Stock 1
Matcherino Preferred Stock 2

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

Matcherino Preferred Stock 2ClosedReg CF · Preferred Equity · via StartEngine
Raised $119.3K / $618KInvestors 52Post-money $6.4M
Matcherino Preferred Stock 1ClosedReg CF · Preferred Equity · via SeedInvest
Raised $747.6K / $1.1MPost-money $18.2M

Team

6 people
Grant Farwell
Chairman & CEO

Grant Farwell, CEO and Chairman of Matcherino, is instrumental in major partnerships with clients like ACCO Brands, Blizzard Entertainment, and Amazon. His role includes fundraising, product roadmap planning, personnel management, and investor relations. Notably, he co-founded Barc, Inc., a chat platform that integrated crypto functionality, demonstrating his innovative approach to technology. A self-taught coding hobbyist and former top 10 Starcraft 2 player in 2v2, Farwell’s unique blend of tech and gaming knowledge aids in his strategic leadership. Upholding transparency and compliance in business, he is focused on contributing to the future of monetary systems through his work.

Hunter Hammond
Chief Technology Officer

Hunter Hammond serves as Chief Technology Officer at Matcherino, having previously served as VP of Engineering since 2020. Hammond is a triple threat engineering leader who possesses great technical capability and extreme focus towards product design and delivery. Before joining Matcherino, Hammond pursued graduate studies in computer science at the University of Washington and holds a Bachelors of Science degree in computer science from Seattle University. While at Matcherino, he has successfully pioneered and developed a wide array of successful products in the areas of ad tech, event operations, and prize payments on the order of tens of millions of dollars.

Mark Wasowicz
Chief Financial Officer (Part Time)

Mr. Wasowicz oversees all financial and accounting operations as well as administrative activities for the Company. He serves as Engagement Director for CLA Cast which, among other things, delivers custom accounting solutions for clients ranging from startups to Fortune 100 companies. He served as CFO for Protingent, CFO of VCFO, CFO of Blue Rooster, Inc., CFO of Allys, Inc., CFOof Dimension4 and Senior Finance Manager with Amazon. Mr. Wasowicz received an MBA from the University of Washington’s Michael G. Foster School of Business and a B.A. in Accounting from Washington State University. Mark works 10 hours per week for Matcherino.

Brian Courtade
Head of Product

Brian Courtade has been the head of product for Matcherino for 5 years, he oversees product ideation, design, and execution. Brian also manages Matcherino's EFG relationship, platform support, and publisher programs. Before Matcherino, Brian was most notably a professional Hearthstone player. He has 12+ years of experience in gaming as a player and running events as an event organizer. Originally using Matcherino to power an event as an organizer, he later joined the company to further develop the platform-tools to help other organizers. Since starting at Matcherino, he has helped design and launched multiple products such as SponsorQuests, Publisher Whitelabels, and Event Payment Portals.

Louis Fasulo
Board Member

Lou has extensive experience in the games business spanning both large publishers and development organizations. His previous company, venture funded Z2, was sold to King in 2015.

Perry Michael Fischer
Board Member

Mike Fischer is a 30-year veteran of the video games industry, having held positions including president and CEO of Square Enix America, VP of digil video at Amazon, and GM of Marketing for Xbox at Microsoft.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 2 of 5 annual reports (FY2021–FY2025)

52 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-UMar 1, 20240001665160-24-000156
    EDGAR
  • Form C/ADec 19, 20230001665160-23-002014
    EDGAR
  • Form C/AOct 27, 20230001665160-23-001883
    EDGAR
  • Form C/AOct 10, 20230001665160-23-001834
    EDGAR
  • Form CSep 26, 20230001665160-23-001783
    EDGAR
  • Form C-ARSep 11, 20230001665160-23-001745
    EDGAR
  • Form C-ARMar 16, 20220001661933-22-000003
    EDGAR
  • Form C-UOct 6, 20210001661933-21-000003
    EDGAR
Source: ManualCIK 0001661933DEShare price $2.30

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.