1985 Games

Growth Stage

A Better Way to Game in Real-Time

Overview

Raised to Date: Raised: $56,196

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/08/2023

Close Date

04/30/2023

Min. Goal

$10,000

Max. Goal

$1,235,000

Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$15,800,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/27/2023

Days Remaining

34

% of Min. Goal

562%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,958

# of Investors

55

Momentum
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Year Founded

2022

Industry

Consumer Products, Goods & Services

Tech Sector

CommerceTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Portland, Oregon

Business Type

Growth

1985 Games, with a valuation of $15.8 million, is raising funds on StartEngine. The company makes tabletop accessories to elevate the experience of tabletop role-playing games. The accessories of 1985 Games include books, miniatures, and journals, and they make the game experience more entertaining, vivid, and customizable. 1985 Games is available online and across 100 brick-and-mortar stores and reported revenue growth of 142% to $1.54 million in 2021. Lenny Gotter and Jeremiah Crofton founded 1985 Games in November 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, company employment, operations, working capital, and inventory.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,529,915

$632,519

COGS

$687,327

$358,332

Tax

$150

$150

 

 

Net Income

$79,858

$-402,644

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$219,624

$87,219

Accounts Receivable

$591

$3,446

Total Assets

$301,344

$328,797

Short-Term Debt

$272,049

$764,859

Long-Term Debt

$385,500

$0

Total Liabilities

$657,549

$764,859

Financials as of: 03/08/2023
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1985 Games on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $15,800,000

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