1985 Games
About this raise: 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.
Investment Overview
Invested : $124,061
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 03/08/2023
- Close Date
- 07/03/2023
$10,000
$1,235,000
$250
Equity - Common
Seed
RegCF
$5.00
$15,800,000
Company & Team
Company
- Year Founded
- 2022
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $1,529,915
- Monthly Burn
- $18,269
- Cash on Hand
- $138,543
- Gross Margin
- 72%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/03/2023 | StartEngine | $15,800,000 | $124,061 | Equity - Common | Funded | RegCF |