Fundraising Fox

FargoRate

Fargo, US · North Dakota LLC

FargoRate is a global rating system for pool (pocket billiards) players that uses an ELO-type maximum likelihood model to compute skill ratings on a single scale based on games won and lost against opponents. The system serves league players, tournament organizers, and professional competition, and provides handicapping and match-up tools such as USAPL 8-ball matchups.

Founders & leadership

MP
Michael PageFounder
SE
Steve ErnstPresident/Secretary and Governor

Reported raises · per SEC filings

Form D private placements

$500K disclosed across 1 round · 2023

$500KraisedSep 2023 · 1 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve ErnstExecutive Officer, Director
  • Michael PageExecutive Officer, Director
Offering amount
$500K
Amount sold
$500K
Minimum investment
$250K
Proceeds to insiders
$50K
First sale
Sep 2023
Incorporated
Limited Liability Company, North Dakota
Federal exemptions
06b, 4a5
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does FargoRate do?
FargoRate is a global rating system for pool (pocket billiards) players that uses an ELO-type maximum likelihood model to compute skill ratings on a single scale based on games won and lost against opponents. The system serves league players, tournament organizers, and professional competition, and provides handicapping and match-up tools such as USAPL 8-ball matchups.
Who founded FargoRate?
FargoRate was founded by Michael Page.
How much funding has FargoRate raised?
FargoRate has disclosed $500K raised across 1 round.
Where is FargoRate headquartered?
FargoRate is headquartered in Fargo, US.