{"data":{"type":"company_profile","id":80023,"entity_id":"wefunder:company:80023","attributes":{"canonical_url":"https://wefunder.com/fanera","generated_at":"2026-06-23T00:49:35Z","updated_at":"2026-06-22T05:03:17Z","entity_ids":{"company":"wefunder:company:80023","slug":"wefunder:company_slug:fanera"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-23T00:49:35Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:17Z","as_of":"2026-06-23T00:49:35Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:17Z","as_of":"2026-06-23T00:49:35Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-04-29T23:34:07Z","as_of":"2026-06-23T00:49:35Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-04-29T23:34:07Z","as_of":"2026-06-23T00:49:35Z","confidence":"medium"}}},"company":{"id":80023,"entity_id":"wefunder:company:80023","slug":"fanera","name":"Fanera","tagline":"The New Era for Football Fans","elevator_pitch":"Fanera is the first social network for football that unites fans, clubs and sponsors connecting them with a community that shares the same passion. Think of us as the TikTok of Football.","story":"There are 3.5 billion football fans around the world. Ask any of them about their favorite team and that conversation can go on for hours.In spite of this, football content is scattered among social media, making it hard to see and even harder to follow, leaving fans to bounce between dozens of platforms and websites to find the content that truly interests them.Studies have shown that, on average, a fan spends 4 hours a week searching for the right content. Only about 10% of posted content reaches the intended audience. We are living in the era of fans, and it is about time to give the fans and clubs the social platform they all deserve...The Ultimate Football Experience App 📱 Fanera encompasses all the exciting things about being a football fan. Think of it as a shortcut to what fans love the most: an interactive 360 degree view of football content from a community of friends, family, clubs and influencers. Don't just take our word for it, check out our awards.\u0026nbsp;With Fanera, fans can follow their favorite teams, build a community with other like-minded fans, and find targeted football content without the extra fluff.Now, everything fans love can be found in the palm of their hand. What else can a die hard fan ask for?🤯 Fanera is changing the way Football Fans use Social MediaFanera is a platform where fans share their favorite moments, allowing their followers to live vicariously through their snaps. On Fanera, fans are surrounded by all of their friends, family, influencers and favorite teams that all share the same passion. They can post as many football pictures, videos and memes as they want while growing their following and giving them an opportunity to engage with other fan-generated content from around the world. Fanera also uses AI to make sure fans never miss their favorite content, based on each individual’s behavior.To keep the app exciting and engaging, we introduced gamification features that allow users to gather rewards by posting, sharing, liking, commenting, and predicting scores. These activities can earn the fans points, badges, and help them collect cards of their favorite football players and add them to their roster. 💪 Made for fans, meant for clubsFanera has developed a powerful dashboard for football clubs to manage, connect and engage with their fans, creating a tighter bond within their communities.Clubs have at their disposal a powerful AI-driven dashboard within our Club Management Platform that allows precise targeting based on demographics, offering useful analytics to help them capitalize on their brand image.It’s a fan-to-fan app at its best, where clubs are able to capture their followers' content, allowing them to connect and monetize their audience beyond the match time.Fanera Top Features 🚀🤳 Social Platform: Users can surround themselves with their friends and followers, create networks, and share stories and snaps 📆 Real-Time Match updates: Get highlights, predictions, and news from around the world😎 Personalization: Fans can customize the content they want to see and interact with🈺 Multilingual Content: Fanera is available in 8 languages and covers 90% of the languages spoken during the World Cup. 🇬🇧\u0026nbsp;🇪🇸\u0026nbsp;🇫🇷 🇩🇪 🇮🇹 🇨🇳\u0026nbsp;🇸🇦 🇹🇷📊 Club management Platform: powerful dashboard to manage, connect and engage with their fan-base based on various demographics and provides useful analytics to help monetize their account. 🤖 Artificial Intelligence: Our system learns the behavior of our users over time and displays relevant posts based on their content consumption🎮 Gamification: Any activity performed on Fanera can earn the fans points, badges, and help them redeem those points for official merchandise or to\u0026nbsp;collect cards of their favorite football players and add them to their roster.This slide contains forward-looking projections that cannot be guaranteed.Fanera Revenue Model 💸Currently, Fanera incorporates three main revenue streams:Ad Manager – this tool allows clubs, brands, sponsors and influencers to create ad campaigns for their specific audienceClub Subscriptions - Though free to join and access the club dashboard, some analytics and business data will be provided as premium paid features In-App Purchases – The gamification features allows users to gather rewards by posting, sharing, liking, commenting, and predicting scores. Some of these rewards can be purchased in advance to rank-up their team line-up and place at the top of the leaderboard.The future is Fanera – World Cup 2022! 🏆The World Cup is in 528 Days, 13 Hours and 42 minutes. (Yes, we are THAT serious about football). 🤪🤩With the support and guidance of the Supreme Committee in Qatar, we are confident that Fanera will make waves during this exciting event that captures the eyes of 2.5 billion people worldwide. 👀Join Fanera in creating the next TikTok for football for fans! Football is a team sport – be on team Fanera! 🥇Fanera unites fans, clubs, brands, sponsors under one team - team Fanera! Now is your chance to be a part of Fanera’s launch into a global phenomenon. We’ve already found success on a smaller scale, but to achieve our potential and leave our mark on football worldwide, we’ll need your support and financial backing. Think of all the social platforms you wish you could have joined before they went big...that’s where we want to be headed. Don’t miss out on this one as well. Be a supporter of our winning team!","location":"Houston, TX","website":"https://www.fanera.co","total_amount_raised":253010,"total_investors":63,"is_funded":false,"is_active":false,"quality_score":2,"related_urls":["https://wefunder.com/fanera","https://www.fanera.co"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/80023/xxl_cropped_Thumbnail_1.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/80023/large_cropped_lgooo.PNG","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/80023/standard_cropped_Thumbnail_1.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/80023/standard_cropped_Thumbnail_1.jpg","profile_video_url":"https://wefunder.wistia.com/medias/lxgyuc00j8"},"links":{"company_url":"https://www.fanera.co","twitter_url":"http://twitter.com/FaneraApp","facebook_url":"https://www.facebook.com/FaneraApp","instagram_url":"https://www.instagram.com/faneraapp/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"📈 We are the first mover in a $40 billion industry for 3.5 billion football fans worldwide"},{"index":2,"claim_id":"claim-fact-2","value":"🏆 Ran pilot with Host of the World Cup 2022, preparing to become the official app of the World Cup"},{"index":3,"claim_id":"claim-fact-3","value":"💪 Rated as one of the \"22 Disruptive Sports Tech startups worldwide\""},{"index":4,"claim_id":"claim-fact-4","value":"Football-focused, with a vision to create a model that can be applied for all sports 🏀 🏈 ⚾ 🏉 🏒"},{"index":5,"claim_id":"claim-fact-5","value":"📲 Over 200,000 downloads, more than 70,000 fan-published content and 3.5M interactions monthly"},{"index":6,"claim_id":"claim-fact-6","value":"🚀 Scalable infrastructure, already able to handle 50M users today, with potential to grow"},{"index":7,"claim_id":"claim-fact-7","value":"💸 Received $280,000 in seed funding for steady, reliable growth"},{"index":8,"claim_id":"claim-fact-8","value":"🤑In the age of Covid-19, we can help influencers, clubs and brands to monetize their fans."}],"team":[{"id":1486299,"entity_id":"wefunder:company_role:1486299","user_entity_id":"wefunder:user:1471105","role":"founder","name":"Mohamed Zaid","title":"Founder and CEO","bio":"Serial Entrepreneur - TEDx Speaker - Ashoka Fellow - Founder Institute Mentor - Kelloggs MBA - Real Madrid enthusiast","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1486299/square_cropped_pro1.jpg?1677774888","profile_url":"https://wefunder.com/mohamedzaid","linkedin_url":"https://www.linkedin.com/in/kilany1982/","twitter_url":"https://twitter.com/_Kilany","related_urls":["https://wefunder.com/mohamedzaid"]},{"id":1486116,"entity_id":"wefunder:company_role:1486116","user_entity_id":"wefunder:user:1294401","role":"founder","name":"Ash Abumaraq","title":"Co-Founder \u0026 CPO","bio":"15+ years experience in Operations \u0026amp; Product -Scrum Master - PMP Certified - Started 3 Startups - FC Barcelona fanatic","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1486116/square_cropped_pro8.jpg?1677084646","profile_url":"https://wefunder.com/ashabumaraq","linkedin_url":"https://www.linkedin.com/in/ashabumaraq/","related_urls":["https://wefunder.com/ashabumaraq"]},{"id":1492790,"entity_id":"wefunder:company_role:1492790","role":"founder","name":"Mo Barhoush","title":"Founder and CTO","bio":"6+ years in Startups eco-system - Certified Data Scientist and Machine Learning Specialist - Database Architect - Entrepreneur - diehard Manchester United fan","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1492790/square_cropped_pro12.jpg?1615313062","linkedin_url":"https://www.linkedin.com/in/mbarhoush/","twitter_url":"https://twitter.com/Mohammad_B","related_urls":[]},{"id":1534203,"entity_id":"wefunder:company_role:1534203","role":"employee","name":"Ahmed Ghazawneh","title":"Social Media Director","bio":"Professor - Serial Entrepreneur - Speaker - Author - Mentor - Associate Professor - Halmstad University, IT University of Copenhagen - A a social media influencer with more than 800,000 followers and fans.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1534203/square_cropped_pro5.jpg?1615313662","linkedin_url":"https://www.linkedin.com/in/ghazawneh/","related_urls":[]},{"id":1492788,"entity_id":"wefunder:company_role:1492788","role":"employee","name":"Zevae Zaheer","title":"Advisor","bio":"20+ years of experience solving business problems in global consultancies, governments and startups. 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Startup mentor and sales advisor focused on Sales funnels, lead generation and fundraising.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1492740/square_cropped_1587363181916.jpg?1691793271","linkedin_url":"https://www.linkedin.com/in/pasqualerufrano/","related_urls":[]},{"id":1534477,"entity_id":"wefunder:company_role:1534477","role":"employee","name":"Dheyab Ahmed","title":"Sales Director - GCC","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1534477/square_cropped_1598192310705-removebg-preview__1_.jpg?1616845243","related_urls":[]},{"id":1486380,"entity_id":"wefunder:company_role:1486380","role":"employee","name":"Ayar Emin","title":"Development Team Lead","bio":"10+ years in mobile development.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1486380/square_cropped_1548528958231.jpg?1615828327","linkedin_url":"https://www.linkedin.com/in/meminayar/","related_urls":[]},{"id":1486397,"entity_id":"wefunder:company_role:1486397","role":"employee","name":"Ahmed Farghaly","title":"Growth Hacker","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1486397/square_cropped_pro10.jpg?1615828443","linkedin_url":"https://www.linkedin.com/in/farghaly95/","related_urls":[]}],"featured_investors":[{"id":5594,"entity_id":"wefunder:company_investor_profile:5594","investor_profile_id":1364280,"investor_profile_entity_id":"wefunder:investor_profile:1364280","subject_entity_id":"wefunder:user:1850724","name":"Mohamed Al Rasbi","bio":"Within the past three and half years, I have invested in and accelerated more than 70 startups in the MENA region.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/1850724/medium_cropped_Mohammed_Al_Rasbi.jpg","profile_url":"https://wefunder.com/alrasbi","investment_total":150000,"investment_info":"Invested $150,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/alrasbi"]}],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":10,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":100840,"entity_id":"wefunder:fundraise:100840","state":"open","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":5000000.0,"minimum_target":"50000.0","maximum_target":"5000000.0"},{"id":42943,"entity_id":"wefunder:fundraise:42943","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"convertible_note","security_type":"debt","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":250000.0,"funding_started_at":"2021-06-23T19:31:30Z","funding_closed_at":"2022-09-02T04:01:55Z","auto_close_at":"2022-09-02T03:59:59Z"},{"id":42944,"entity_id":"wefunder:fundraise:42944","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"debt","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":320000.0,"funding_started_at":"2021-06-08T09:56:06Z"}],"latest_fundraise":{"id":100840,"entity_id":"wefunder:fundraise:100840","state":"open","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":true,"funding_started_at":null,"funding_closed_at":null,"terms":{"eb":null,"nb":null,"txt":null}},"recent_posts":[],"q_and_a":[{"id":154170,"entity_id":"wefunder:comment:154170","question":"I am interested; I have couple of questions- 1. Who are your competitors. I see the business started more than 4 years. What is the biggest challenged not to generate any revenue yet? 2. Did you get any traction from English premier league? why not? 3. What is the revenue generation model? Any revenue projection next couple of years 4. Do you have plan to expands sports betting?","author_name":"Badal Haider","votes":2,"created_at":"2021-06-19T23:39:47Z","canonical_url":"https://wefunder.com/fanera#question-154170","answers":[{"id":154257,"entity_id":"wefunder:comment:154257","answer":"Hello Mohammad, we appreciate your interest and your questions. 1. There are various indirect competitors. We have the major social media platforms where football is a side topic, while on Fanera, football is the focal point. There are also various apps that are targeting fan engagement (Forza, 365, Goal.com and Football Fan), however their focus is on fans consuming content (highlights, news and live scores), while we are focusing on converting our fans from content consumers to content creators. Aside from having a fan engagement app, we also have a Fan CRM for the football clubs. (Please visit this link for more info on the Fan CRM - https://bit.ly/3xOvpKj) Although the business was initiated at the end of 2017, however upon winning the Challenge 22 Competition we had a pivot from our original concept, and utilized the funding to build the fan engagement app over an 18-month period. It took us 18 months to build Fanera’s infrastructure, to ensure that our speed and quality were on par with other platforms, and our artificial intelligence to ensure users are seeing the most relevant content. Our main focus upon starting the business was to grow our user base, once we reached a certain number, we began reaching out to various sponsors and customers. Despite launching during the pandemic, we’ve generated $65k in revenue from 2 sponsors, merchandise and a service agreement with Supreme Committee in Qatar. 2. Although we have the English premier league on our app, the majority of our users are in the Middle East. With the World Cup happening in the Middle East, our focus has been growing our user base in the Middle East. Upon acquiring a much larger user base, we will be using the Middle East as a stepping stone to expand our reach to fans in Europe, Asia and the Americas. 3. We are offering freemium services to football clubs to use our Fan CRM and engagement platform with basic reporting; however we are offering premium analytics and customization services for clubs. We will also be launching our gamification functionality later this year which will allow users to earn points, coins and player cards. The users can use the coins or in app purchases to accelerate the growth of their roster. Finally, we also have been selling merchandise through our partners as affiliates, and are building an e-market place within the app. Once we close this round, we have projected $8 million in revenue after 24 months. 4. Fanera is interested in growing in other verticals, which does not include sports betting. We will be adding other sports, such as the NFL and NBA and have future plans to also introduce NFT’s.","author_name":"Ash Abumaraq","votes":2,"created_at":"2021-06-20T18:23:28Z"},{"id":155395,"entity_id":"wefunder:comment:155395","answer":"We're grateful Mohammed for your investment. we'd love to have a quick call to brief you more about our vision and answer any questions you might have https://calendly.com/fanera/15min","author_name":"Mohamed Zaid","votes":0,"created_at":"2021-06-30T19:25:28Z"}]},{"id":217330,"entity_id":"wefunder:comment:217330","question":"How do you compare with Plei ??","author_name":"Sagar Patel","votes":1,"created_at":"2022-09-01T20:18:30Z","canonical_url":"https://wefunder.com/fanera#question-217330","answers":[{"id":239552,"entity_id":"wefunder:comment:239552","answer":"Thank you Sagar for your question, Plei is a facilitation app for those who want to play football, while Fanera is a social network and digital home for and by fans to connect, engage and publish football content.","author_name":"Mohamed Zaid","votes":0,"created_at":"2023-03-21T06:28:35Z"}]},{"id":183083,"entity_id":"wefunder:comment:183083","question":"Hmmm... Still no answers?","author_name":"Georgiy Grigoryan","votes":1,"created_at":"2021-12-08T22:23:03Z","canonical_url":"https://wefunder.com/fanera#question-183083","answers":[{"id":184687,"entity_id":"wefunder:comment:184687","answer":"Hello Georgiy, Please accept our apology for missing your question, for some reason we did not get a notification for your question. Please note that I have answered your questions as you can see below, we'd love to chat with you anytime to explain the business opportunity to invest in Fanera. Kindly watch our 3 min update video here: https://www.youtube.com/watch?v=M51jnR3ekPQ\u0026amp;ab_channel=Fanera","author_name":"Mohamed Zaid","votes":0,"created_at":"2021-12-21T19:53:22Z"}]},{"id":181866,"entity_id":"wefunder:comment:181866","question":"Hello, As a football fan I had to take a closer look at your company, but I do have some concerns: 1. So far the company’s capitalization is (understandably) minimal. How many and which team members are working on the company full time, dedicating 100% of their time to it? 2. In your investor panel you mentioned that you’ve received a grant of $100,000 from the Supreme Committee, and that in the future they will consider investing, but they’re waiting for you “to get to the million mark.” What is the “million mark”? Is it $1MM in revenue or something else? Why did the Supreme Committee issue a grant and not take any equity? 3. In your financials you list $25,000 in salaries per year. How are you able to maintain a software product with so little salary? Who built the app? Was it built in house or contracted out? Who is going to maintain it? How was it paid for: revenue share or did you pay for it outright? 4. How much of $46,500 revenue in 2020 came from ads, how much from in-app purchases, and how much from club subscriptions? Any football clubs that are currently paying customers?","author_name":"Georgiy Grigoryan","votes":1,"created_at":"2021-11-30T13:57:53Z","canonical_url":"https://wefunder.com/fanera#question-181866","answers":[{"id":184685,"entity_id":"wefunder:comment:184685","answer":"Dear Georgiy, Thank you for your interest in Fanera. Kindly find our answers to your questions: 1. The three founders are working full time dedicating 200% of their time to Fanera, Other 4 team members are also working full time as follows: 2 App Developer, Growth hack, and Business development manager. 2. Our million milestone is the number of active users. Currently we have 150 thousand active users who are spending 30min per week flipping through thousands of fan-generated content. our milestone is to acquire 1 millions active users in the next 6 months. and our plan is partner with football ambassadors and influencers, we are currently in talks with two popular former players who have played for big teams like Chelsea and Barcalona, we also plan to invest in social media marketing. Supreme Committee mandate is to support promising sportstech startup to prepare them to potentially become solutions for the World Cup 2022, As a matter of fact, Supreme committee is a governmental organization which is responsible for hosting the world cup 2022. here is an article that explain the Challenge 22 competition: https://www.qatar2022.qa/en/news/challenge-22-helped-us-become-better-innovators 3. Two founders have rich experience in development, and 100% of our development is in-house with the support of an outsourcing company for 10% of the development. In the first year, we relied on the team members and founders who strive to take Fanera to become a unicorn company. and you're 100% its all about their ownership in the company. I urge you to download the app and see the amount of work we have put to build a great product: https://www.fanera.co/ 4. In the last 18 months, we have validated our business model in approaching sponsors who have an interest in promoting their brands to football targets, and also we have signed a service agreement with the Supreme Committee to cover one of the most famous tournaments in Qatar (Emiri Cup). and the service agreement generated us $25K, while the rest, we generated through 2 sponsorship each $10K. and also we tested the affiliate marketing with a few brands in the MENA region and we generated $5K in 3 months. The plan is to grow our user-base to 1 million active users and then approach bigger clubs and sponsors. Kindly, feel free to reach out to us to have a follow up meeting with the founders to answer any questions you may have: mo@fanera.co Best,","author_name":"Mohamed Zaid","votes":0,"created_at":"2021-12-21T19:47:24Z"}]},{"id":170038,"entity_id":"wefunder:comment:170038","question":"What are the updates and plans for the world cup in Qatar?? Any update of official partner?","author_name":"Rakesh B S","votes":1,"created_at":"2021-09-18T19:32:04Z","canonical_url":"https://wefunder.com/fanera#question-170038","answers":[{"id":170117,"entity_id":"wefunder:comment:170117","answer":"Hi Rakesh, Qatar World cup is one of our biggest plans for 2022, we're working to feature the Arab cup in two months which will be exactly one year before the official world cup 2022, the goal of this big event is to better understand big events and also to launch and pilot new features. we're soon launching the gamification which hopefully will be ready for the Arab Cup. the success in this event will grow our chances to win a service agreement for the World Cup.","author_name":"Mohamed Zaid","votes":0,"created_at":"2021-09-19T05:56:26Z"}]},{"id":157299,"entity_id":"wefunder:comment:157299","question":"This looks like a great time to build a fan engagement platform for football given the world cup is just around the corner. Q1) You mention long-term plans to add other sports after the world cup. Why do you believe it's a good strategy to broaden the fan base rather than create increased engagement of the football fans on the platform during the league season? Q2) What do you believe will be your biggest revenue source before the world cup and after the world cup? Q3) Do you have an exit strategy in mind? If so what is it? Q4) Previous convertibles have been issued at 5% interest, the current round will also have the same interest? Q5) To achieve your goals with the football fan engagement as we grow closer to the world cup (more engaged fans), what partnerships/key connections will help you achieve the goal faster?","author_name":"Esmaeel Akther","votes":1,"created_at":"2021-07-10T20:05:42Z","canonical_url":"https://wefunder.com/fanera#question-157299","answers":[{"id":157364,"entity_id":"wefunder:comment:157364","answer":"Hi Esmaeel, Thank you for your interest and questions. Kindly see our response to your queries below Q1) Fanera’s ultimate vision is to create a social network for all fans, regardless of their differences. There’s no denying that accomplishing a major goal requires focusing on one segment and understanding all aspects of this category, followed by replication of that experience in other sports. We started with Football, because it’s the most popular, seen and invested sport, moreover, we won a prize which aims to build solutions for the world cup 2022. Scaling up to other sports will open doors to partner with more sport associations and also enter new markets where football is not the biggest sport, the strategy will take place only when we succeed in Football and provide all features on our roadmap i.e Gamification, AR, and AI. Although we’ll scale up to other sports, the solution is committed to presenting personalized content depending on the sport type. For Instance, if you love football, you will not notice that Fanera is covering other 10 different sports on the platform, since it will be filtered specifically for football on your platform. Q2) For the time being, our major sources of revenue are sponsorship and club FAN CRMs, however, we’re in the final stages of launching a gamification feature, which will provide a B2C model to combine fantasy football with real football. Where users may purchase credits in the form of in-app purchases to build their “Fantasy Team” on Fanera, which will ultimately represent a commercial value. Q3) Exit strategy is within our plans when our revenue is $10m+ annually, we have seen similar companies get acquired by other social networks for 50X of its valuation. Q4) That’s correct. Investors will get a 5% interest rate with a 20% discount. Also, early bid investors will get a 23% discount on the company valuation. Q5) Currently, we’re proposing to run Fanera in the Fifa Arab Cup, by the end of the year. This will allow us to attract more users, obtain a better understanding of major events, and build more innovative features that will benefit our users. We also rely on forming agreements with football influencers who have huge fan bases to join Fanera and promote the unique experiences for their followers. Finally, we’re working closely with football associations in several markets to sign MOUs for future collaboration. The first one will be announced soon Ensha’llah.","author_name":"Mohamed Zaid","votes":0,"created_at":"2021-07-11T10:48:17Z"}]},{"id":156052,"entity_id":"wefunder:comment:156052","question":"Have you raised any funding before this Wefunder round, and can you share that previous fundraising information?","author_name":"Eric Fung","votes":1,"created_at":"2021-07-03T00:43:53Z","canonical_url":"https://wefunder.com/fanera#question-156052","answers":[{"id":156092,"entity_id":"wefunder:comment:156092","answer":"Hi Eric, We appreciate your question. 1) Fanera raised the first round from the host of the world cup 2022, which was free of shares - $115K. which was for developing the solution and pilot it in one of the biggest football events in Qatar. https://www.qatar2022.qa/en/opportunities/challenge-22/success-stories/fanera 2) Oman Technology fund invested $150K as seed round (Convertible notes) in 2020 https://d3.otf.om/fanera Feel free to book a call with the founders to brief you further and answer any other questions you may have https://calendly.com/fanera/15min","author_name":"Ash Abumaraq","votes":0,"created_at":"2021-07-03T10:49:01Z"},{"id":184688,"entity_id":"wefunder:comment:184688","answer":"Hello Eric, I hope all is great with you, I wanted to reach out to you to see if you're interested in being part of our success, I would like also to share with you our updates in the last few months as you can see in the video update here: https://www.youtube.com/watch?v=M51jnR3ekPQ\u0026amp;ab_channel=Fanera","author_name":"Mohamed Zaid","votes":0,"created_at":"2021-12-21T19:55:37Z"}]},{"id":155018,"entity_id":"wefunder:comment:155018","question":"How are you protecting your IPs?","author_name":"Omar Shehab","votes":1,"created_at":"2021-06-28T12:03:09Z","canonical_url":"https://wefunder.com/fanera#question-155018","answers":[{"id":155353,"entity_id":"wefunder:comment:155353","answer":"Thank you for your question, and we appreciate your investment already. \u0026nbsp;\u0026nbsp;Although IPs are challenging and expensive for early startups, in particular, the space of social media platforms, However, we took serious procedures from the beginning to ensure protecting the assets of the company. \u0026nbsp;1)\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp; Human resources: Fanera believes in the power of talents, therefore, we reserved 10% of the company shares toward incentivizing team members and strengthen their loyalty, we also follow a Non-Competent agreement with all staff and NDAs with clients and partners. 2)\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp; Technology: Fanera is following the best practices in protecting our technology, our development team is committed to following SVN (Source versioning) and source tracking, we also follow a high level of security standards to protect the technology and more importantly users’ data, Finally, we rely on a scalable and secured server-side as we partnered with Amazon to manage and run our data centers. 3)\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp; Users’ rights: we have to double-check that all users agree on the terms and conditions that comply with GDPR and also provide brands/users with a mechanism to report abusive or infringement 4)\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp; Future plans: we are planning to register our trademark internationally, and patent our AI and gamification right after closing this round.","author_name":"Mohamed Zaid","votes":0,"created_at":"2021-06-30T14:19:24Z"}]},{"id":181390,"entity_id":"wefunder:comment:181390","question":"Hello, I like the idea of Fanera and would like to invest. Have one question, do you plan to partner with professional football player/players to help accelerate the growth of the Fanera brand? Things like advertisement, signed apparel, etc.","author_name":"Stanley Reedus","votes":0,"created_at":"2021-11-26T08:24:53Z","canonical_url":"https://wefunder.com/fanera#question-181390","answers":[{"id":184686,"entity_id":"wefunder:comment:184686","answer":"Hello Stanley, Thank you for your question, for some reason we did not get a notification. We're currently working with partnering with two brand ambassadors who showed interest in joining Fanera growth team. both of them have invested in sportstech startups and played in big teams like Barcelona and Chelsea. In addition to brand ambassador, we have built a great network of football influencers as to go market strategy who shout out about Fanera, publish content and run challenges with our fans on weekly basis. We are currently working also to sign a MOU with one of the most famous tournament in the MENA region. we would love to brief you further about these agreements and partnership if you want to jump in a call with the founders, please reach out to me to schedule a call: mo@fanera.co last but not least, please watch our 3min video update which explain the progress we have made in the last 6 months: https://www.youtube.com/watch?v=M51jnR3ekPQ\u0026amp;ab_channel=Fanera","author_name":"Mohamed Zaid","votes":0,"created_at":"2021-12-21T19:51:29Z"}]},{"id":154248,"entity_id":"wefunder:comment:154248","question":"Hi. Do you have a signed agreement with FIFA to be the official app for WC 2022?","author_name":"Vikram L","votes":0,"created_at":"2021-06-20T15:50:56Z","canonical_url":"https://wefunder.com/fanera#question-154248","answers":[{"id":154256,"entity_id":"wefunder:comment:154256","answer":"Hello Vikram, and thank you for your question. Fanera (formerly SnapGoal) won the Challenge 22 Competition (a competition for disruptive sports tech startups on the Road to the World Cup in Qatar) under the tutelage of the Supreme Committee for Delivery and Legacy in Qatar (the host of the World Cup). Aside from getting a grant for $115,000 to assist us in building the app, we also have a signed service agreement when we piloted Fanera during the biggest tournament in Qatar in 2019. Although we do not have a signed agreement with FIFA, our partnership with the Supreme Committee has gotten us one step closer to making that a reality. Please see the below link on the official website of Qatar2022, Including a featured clip produced by the Supreme Committee for Delivery and Legacy: https://www.qatar2022.qa/en/opportunities/challenge-22/success-stories/fanera Thank you for your question.","author_name":"Ash Abumaraq","votes":1,"created_at":"2021-06-20T17:36:25Z"},{"id":155393,"entity_id":"wefunder:comment:155393","answer":"Hi Vikram, we're grateful to get your question, and would love to have a quick call to answer any other questions you might have. Feel free to book a 15min session with the founders to walk you through our vision. and why investing in Fanera is the right decision. https://calendly.com/fanera/15min","author_name":"Mohamed Zaid","votes":0,"created_at":"2021-06-30T19:24:19Z"}]}],"faq":[{"question":"I am interested; I have couple of questions- 1. Who are your competitors. I see the business started more than 4 years. What is the biggest challenged not to generate any revenue yet? 2. Did you get any traction from English premier league? why not? 3. What is the revenue gene...","answer":"Hello Mohammad, we appreciate your interest and your questions. 1. There are various indirect competitors. We have the major social media platforms where football is a side topic, while on Fanera, football is the focal point. There are also various apps that are targeting fan engagement (Forza, 365, Goal.com and Football Fan), however their focus is on fans consuming content (highlights, news and live scores), while we are focusing on converting our fans from content consumers to content crea..."},{"question":"Hi. Do you have a signed agreement with FIFA to be the official app for WC 2022?","answer":"Hello Vikram, and thank you for your question. Fanera (formerly SnapGoal) won the Challenge 22 Competition (a competition for disruptive sports tech startups on the Road to the World Cup in Qatar) under the tutelage of the Supreme Committee for Delivery and Legacy in Qatar (the host of the World Cup). Aside from getting a grant for $115,000 to assist us in building the app, we also have a signed service agreement when we piloted Fanera during the biggest tournament in Qatar in 2019. Although ..."},{"question":"How are you protecting your IPs?","answer":"Thank you for your question, and we appreciate your investment already. \u0026nbsp;\u0026nbsp;Although IPs are challenging and expensive for early startups, in particular, the space of social media platforms, However, we took serious procedures from the beginning to ensure protecting the assets of the company. \u0026nbsp;1)\u0026nbsp;\u0026nbsp;\u0026nbsp;\u0026nbsp; Human resources: Fanera believes in the power of talents, therefore, we reserved 10% of the company shares toward incentivizing team members and strengthen their ..."},{"question":"Have you raised any funding before this Wefunder round, and can you share that previous fundraising information?","answer":"Hi Eric, We appreciate your question. 1) Fanera raised the first round from the host of the world cup 2022, which was free of shares - $115K. which was for developing the solution and pilot it in one of the biggest football events in Qatar. https://www.qatar2022.qa/en/opportunities/challenge-22/success-stories/fanera 2) Oman Technology fund invested $150K as seed round (Convertible notes) in 2020 https://d3.otf.om/fanera Feel free to book a call with the founders to brief you further and answ..."},{"question":"This looks like a great time to build a fan engagement platform for football given the world cup is just around the corner. Q1) You mention long-term plans to add other sports after the world cup. Why do you believe it's a good strategy to broaden the fan base rather than crea...","answer":"Hi Esmaeel, Thank you for your interest and questions. Kindly see our response to your queries below Q1) Fanera’s ultimate vision is to create a social network for all fans, regardless of their differences. There’s no denying that accomplishing a major goal requires focusing on one segment and understanding all aspects of this category, followed by replication of that experience in other sports. We started with Football, because it’s the most popular, seen and invested sport, moreover, we won..."}]}}}