1985 Games

Growth Stage
A Better Way to Game in Real-Time
Overview
Raised: $56,196
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
34
% of Min. Goal
562%
% of Max. Goal
5%
Likelihood of Max
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
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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