Company Profile (AI Text)
Name: CROSSNET
Canonical URL: https://wefunder.com/crossnet
Updated at: 2026-06-09T05:00:42Z

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.

Key claims:
- Total raised on Wefunder: 166622 | citation: https://wefunder.com/crossnet#claim-total-raised
- Total investors: 156 | citation: https://wefunder.com/crossnet#claim-total-investors

Verified facts:
- Total raised on Wefunder: 166622 | observed_at: 2026-06-09T05:00:42Z | expires_at: 2026-06-10T05:00:42Z
- Total investors: 156 | observed_at: 2026-06-09T05:00:42Z | expires_at: 2026-06-10T05:00:42Z

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:
- ⭐️ 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
- 💰 Over $24M in Sales | citation: https://wefunder.com/crossnet#claim-fact-2
- 🚀 100,000+ Active Players | citation: https://wefunder.com/crossnet#claim-fact-3
- 📦 Retail Distribution in 3000+ Doors | citation: https://wefunder.com/crossnet#claim-fact-4
- 🔑 Cash Flow Positive | citation: https://wefunder.com/crossnet#claim-fact-5
- 🏫 Played in over 10,000 Schools | citation: https://wefunder.com/crossnet#claim-fact-6
- 🌍 Sold Internationally in 47 Countries | citation: https://wefunder.com/crossnet#claim-fact-7
- 📺 As seen on ESPN, People Magazine, Good Morning America, QVC and more! | citation: https://wefunder.com/crossnet#claim-fact-8

FAQ:
- Q: Why is the company raising outside capital and what will it be used for?
  A: 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
- Q: What is your outlook for the next 12mo? What are you specifically focused on executing?
  A: 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 & Australia. We will also be releasing pickeball & soccer, two sports that we know CROSSNET can become a household name in.
- Q: 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?
  A: 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.
- Q: 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.
  A: 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.
- Q: 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...
  A: 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...