{"data":{"type":"company_profile_ai","id":119510,"entity_id":"wefunder:company:119510","attributes":{"canonical_url":"https://wefunder.com/crossnet","retrieval_urls":{"canonical":"https://wefunder.com/crossnet","json":"https://wefunder.com/crossnet.json","markdown":"https://wefunder.com/crossnet.md","ai_json":"https://wefunder.com/crossnet.ai.json","ai_text":"https://wefunder.com/crossnet.ai.txt","changelog_json":"https://wefunder.com/crossnet.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-09T05:00:42Z","generated_at":"2026-06-10T03:20:00Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":119510,"entity_id":"wefunder:company:119510","slug":"crossnet","name":"CROSSNET","tagline":"The Fastest Growing Backyard Game in History 🏐 🚀 ","elevator_pitch":"CROSSNET is the world's first four square backyard game. We've first reinvented the childhood classic four square and elevated it to add a volleyball spin. We now have expanded our product selection include pool games, soccer and pickleball versions. The objective is to do whatever you can to keep the ball alive and not land in your square. Games are played to 11 and you must win by 2.","location":"Miami, FL","website":"https://crossnetgame.com","total_amount_raised":166622,"total_investors":156,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 166622","citation":"https://wefunder.com/crossnet#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-09T05:00:42Z","as_of":"2026-06-10T03:20:00Z","confidence":"high"},"observed_at":"2026-06-09T05:00:42Z","expires_at":"2026-06-10T05:00:42Z"},{"claim_id":"claim-total-investors","text":"Total investors: 156","citation":"https://wefunder.com/crossnet#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-09T05:00:42Z","as_of":"2026-06-10T03:20:00Z","confidence":"high"},"observed_at":"2026-06-09T05:00:42Z","expires_at":"2026-06-10T05:00:42Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 166622","citation":"https://wefunder.com/crossnet#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-09T05:00:42Z","as_of":"2026-06-10T03:20:00Z","confidence":"high"},"observed_at":"2026-06-09T05:00:42Z","expires_at":"2026-06-10T05:00:42Z"},{"claim_id":"claim-total-investors","text":"Total investors: 156","citation":"https://wefunder.com/crossnet#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-09T05:00:42Z","as_of":"2026-06-10T03:20:00Z","confidence":"high"},"observed_at":"2026-06-09T05:00:42Z","expires_at":"2026-06-10T05:00:42Z"}],"company_claims":{"tagline":"The Fastest Growing Backyard Game in History 🏐 🚀 ","elevator_pitch":"CROSSNET is the world's first four square backyard game. We've first reinvented the childhood classic four square and elevated it to add a volleyball spin. We now have expanded our product selection include pool games, soccer and pickleball versions. The objective is to do whatever you can to keep the ball alive and not land in your square. Games are played to 11 and you must win by 2.","story":"CROSSNET started as the world’s first four square volleyball game and has quickly developed into the industry leader in four-way backyard games including four-way soccer, pickleball, and more!\u0026nbsp;\u0026nbsp;Loved by retail consumers and institutional customers alike, CROSSNET is helping usher in the next phase of sports and active play. A focus on sustainable revenue growth with a digital-first approach to connect and engage with our customers. It all Started at a Small Town Sleepover...CROSSNET was founded in 2017 by three childhood friends: Chris Meade, Gregory Meade, and Michael Delpapa after they came up with the concept at a sleepover one night in their hometown of\u0026nbsp;Woodstock, CT. The very next day, they drove to their local Walmart to\u0026nbsp;build the very first prototype out of two volleyball nets, invited some friends over to test it out, and the rest is history.\u0026nbsp;In 2018, they pulled all the money they had to their name to fund CROSSNET and the rest is history. The three have been named Forbes 30u30 winners in 2021, as well as hosted a CROSSNET tournament on ESPN, and are now sold at top retailers across the globe.\u0026nbsp;L- Greg, Mike, Chris | R- Chris, Greg, MikeTHE FASTEST GROWING BACKYARD GAME COMPANYCROSSNET Available Worldwide:Our products are sold in over 3,000 retail locations and distributed in over 47 countries!America's New Favorite Game!We've been featured on Good Morning America, Ellen Degeneres, People Magazine's #1 Backyard Game \u0026amp; many more.\u0026nbsp;Strongest Social Media Presence in the MarketOur digital-first approach allows us to connect directly with our consumers, resulting in a strong consumer-brand relationship, unlike other legacy outdoor games companies.\u0026nbsp;\u0026nbsp; Target ConsumerMarket OpportunityAmericans are increasingly participating in outdoor recreation with a focus on volleyball.\u0026nbsp;153.6 million Americans participate in outdoor recreation, totaling 10.9 billion outings annually (The Outdoor Foundation, 2022).\u0026nbsp;37 million people participate in playing volleyball in the US. This is more than any other sport outside of basketball. Over 800M participate globally.\u0026nbsp;Market Size:\u0026nbsp;Volleyball: 800 Million Active Players\u0026nbsp;Soccer: 4 Billion Active PlayersPickleball: 4.2 Million Active PlayersCROSSNET's stats:\u0026nbsp;Forward-looking projections cannot be guaranteed.The Future of CROSSNETFinancial SuccessA focus on sustainable revenue growth with a digital-first approach to connect and engage with our customers.\u0026nbsp;Financial Overview:\u0026nbsp; \u0026nbsp;\u0026nbsp; \u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp;","quick_facts":["⭐️ Led by Forbes 30 Under 30 Owners who have the Passion for Building America's Next Great Sport","💰 Over $24M in Sales","🚀 100,000+ Active Players","📦 Retail Distribution in 3000+ Doors","🔑 Cash Flow Positive","🏫 Played in over 10,000 Schools","🌍 Sold Internationally in 47 Countries","📺 As seen on ESPN, People Magazine, Good Morning America, QVC and more!"]},"computed_metrics":{"total_amount_raised":166622,"total_investors":156,"team_size":5,"featured_investor_count":1,"faq_count":5,"recent_post_count":0},"quick_facts":[{"claim_id":"claim-fact-1","value":"⭐️ Led by Forbes 30 Under 30 Owners who have the Passion for Building America's Next Great Sport","citation":"https://wefunder.com/crossnet#claim-fact-1","observed_at":"2026-06-09T05:00:42Z","expires_at":"2026-06-16T05:00:42Z"},{"claim_id":"claim-fact-2","value":"💰 Over $24M in Sales","citation":"https://wefunder.com/crossnet#claim-fact-2","observed_at":"2026-06-09T05:00:42Z","expires_at":"2026-06-16T05:00:42Z"},{"claim_id":"claim-fact-3","value":"🚀 100,000+ Active Players","citation":"https://wefunder.com/crossnet#claim-fact-3","observed_at":"2026-06-09T05:00:42Z","expires_at":"2026-06-16T05:00:42Z"},{"claim_id":"claim-fact-4","value":"📦 Retail Distribution in 3000+ 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","role":"founder","profile_url":"https://wefunder.com/michaeldelpapa"},{"id":2878013,"entity_id":"wefunder:company_role:2878013","name":"Christopher Koop","title":"Chief Finance Officer","role":"employee","profile_url":"https://wefunder.com/christopher.koop"},{"id":2878014,"entity_id":"wefunder:company_role:2878014","name":"Alexander Reynolds","title":"Chief Operations Officer","role":"employee"}],"featured_investors":[{"id":4984,"entity_id":"wefunder:company_investor_profile:4984","name":"Alex Lieberman","profile_url":"https://wefunder.com/alex.lieberman.2"}],"relationships":[{"source_entity_id":"wefunder:company:119510","relation":"has_team_member","target_entity_id":"wefunder:user:2697770","target_url":"https://wefunder.com/gregory.meade"},{"source_entity_id":"wefunder:company:119510","relation":"has_team_member","target_entity_id":"wefunder:user:2704639","target_url":"https://wefunder.com/chris.meade"},{"source_entity_id":"wefunder:company:119510","relation":"has_team_member","target_entity_id":"wefunder:user:2697740","target_url":"https://wefunder.com/michaeldelpapa"},{"source_entity_id":"wefunder:company:119510","relation":"has_team_member","target_entity_id":"wefunder:user:2706215","target_url":"https://wefunder.com/christopher.koop"},{"source_entity_id":"wefunder:company:119510","relation":"has_team_member","target_entity_id":"wefunder:company_role:2878014"},{"source_entity_id":"wefunder:company:119510","relation":"has_featured_investor","target_entity_id":"wefunder:user:2737192","target_url":"https://wefunder.com/alex.lieberman.2"},{"source_entity_id":"wefunder:company:119510","relation":"has_latest_fundraise","target_entity_id":"wefunder:fundraise:66762"}],"faq":[{"question":"Why is the company raising outside capital and what will it be used for?","answer":"The goal of the capital raise will be to use funds for: - Staying in stock of inventory! Missed out on over $350,000 in revenue this summer by being out of stock - Expanding retail door count to 6000+ stores (Costco, Ace, Kohls, Canadian Tire) - Expanding into soccer, pickleball, and SKU count growing to 15+ - International expansion into new markets - Expanding CROSSNET into 20,000+ schools"},{"question":"What is your outlook for the next 12mo? What are you specifically focused on executing?","answer":"The next 12 months will be massive for CROSSNET. We are gearing up to expand to over 1000 new retail locations, expand distribution to new door counts in stores we are already in, and now globally to 44 new countries via Europe \u0026amp; Australia. We will also be releasing pickeball \u0026amp; soccer, two sports that we know CROSSNET can become a household name in."},{"question":"Is there an exit strategy in place with the capital raise? I understand the need for funds to expand inventory, distribution, etc. Say 2-3 years down the line, who are the acquirers of a business like this? Would it be a company like Hasbro?","answer":"We intend to sell the business in the mid to long-term. In the short term, we will begin new distribution opportunities (COSTCO), launch new products (Pickleball) and use our existing retail connections to scale our multi-SKU portfolio. Potential acquirers for a full exit include Hasbro, Wilson Sporting Goods, Franklin Sporting Goods, EastPoint Sports, Escalade Sports, and many of the other private and public companies in the sporting good space."},{"question":"Why give away equity now? It seems like you have sufficient sales traction to raise non-dilutive funding, and your CAC + margins seem sufficient to pay it back without much risk.","answer":"We feel it is the best way to manage our capital needs and allow us to grow without taking on high interest debt and the least stress."},{"question":"Could you outline revenue growth through the past 2-3 years? You mention $6M TTM but there is no revenue data prior to that. Additionally, looks like there was a failed Kickstarter for Crossnet Soccer (only $10k raised) last year. What happened there, and why is Crossnet Socce...","answer":"Hi Curt - Thanks for the question, below you'll find some revenue metrics. As you can see the leap from 2019 to 2020 was massive for our company and simply staying in stock was our largest challenge. We simply couldn't create product fast enough. Our goal like the majority of the brands in the space was to simply maintain revenue levels and keep demand the space, while the COVID shock slowed down. 2019 - $2.25M 2020 - $9M (COVID SPIKE) 2021 - $8M CROSSNET Soccer has actually been selling exce..."}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-10T03:20:00Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-09T05:00:42Z","as_of":"2026-06-10T03:20:00Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-09T05:00:42Z","as_of":"2026-06-10T03:20:00Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-10T03:20:00Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-10T03:20:00Z","confidence":"medium"}}}}}}