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Varsity Hype

Operating

Varsity Hype, Inc.

Formerly Varsity Hype, LLC — the earlier entity’s rounds and filings are included below.

Software & AI · Houston, DE · Founded 2017

The comprehensive video and analytics platform for youth athletics and arts

Valuation cap ⓘ
$5.0M
As of Feb 2022 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$670,000
Crowd $0 · Private $670K · 4 rounds since 2020
Latest share price
$5.00
Rule 506(b) · Class A2 Non- Voting Stock · Jul 2020 offering price

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$0
2018
$0
2019
$14K
−$88K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 audited*
FY2020 audited*
Income statement
Revenue
$0
$0
$14,127
Cost of goods sold
$0
$0
$0
Gross margin
—
—
100%
Net income
$0
$0
-$88,371
Taxes paid
$0
$0
$0
Balance sheet
Cash
$0
$0
$54,355
Accounts receivable
$0
$0
$1,461
Total assets
$0
$0
$774,232
Short-term debt
$0
$0
$26,510
Long-term debt
$0
$0
$0
Total liabilities
$0
$0
$26,510
Other
Headcount
—
6
7

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, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$5.0M
Valuation cap
Reg CF · SAFE · Nov 2021

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Share counts as of Dec 31, 2020
Class A Voting Common Stock · 95.9%Class B Non-Voting Common Stock · 4.12%
ClassOutstandingVotes / shareShare of totalLast price
Class A Voting Common Stock1,000,000—95.9%—
Class B Non-Voting Common Stock43,000—4.12%—
Total1,043,000100%

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · SAFE · Nov 2021Withdrawnvia Republic
Raised $10.7K / $1MInvestors 29Valuation cap $5M
Raised $295KInvestors 6
Reg CF · Common Stock · Jul 2020Closedvia Pitch Venture Group LLC
Raised $0 / $1M

Team

3 people
Jorge Ortiz
Chief Executive Officer
Mark Toon
Director
Shane Hildreth
Director

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

Reg CF annual-report compliance

Not obligated

never closed a Reg CF raise

29 investors
holder-count proxy

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

SEC filings

  • Form CNov 12, 20210001834841-21-000002
    EDGAR
  • Form DAug 24, 20210001834841-21-000001
    EDGAR
  • Form CJul 27, 20200001818534-20-000002
    EDGAR
Source: ManualCIK 0001834841Share price $1.00

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.