7 Generation Games
Early Stage
Making it possible for any organization to make its own educational video games
Overview
Raised: $79,425
Total Commitments ($USD)
Platform
Wefunder
Start Date
08/07/2022
Close Date
01/20/2023
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$7,000,000
Valuation Cap
$7,500,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$481
# of Investors
109
Momentum
Funded
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Year Founded
2015
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
7 Generation Games, with a valuation of $7.5 million, is raising funds on Wefunder. The company has developed a platform that enables any organization to make its own educational games. The platform allows educational games to be created faster and cheaper and around any topic people are passionate about. 7 Generation Games was built using federal grant funding from US and Chilean governments and is on track to exceed $1 million in revenue by 2023. Maria Burns Ortiz and Ann Maria De Mars founded 7 Generation Games in August 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for product development, business development, UX/UI development, and customer support.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$583,865 |
$200,936 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-34,306 |
$8,493 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,053 |
$47,100 |
|
Accounts Receivable |
$5,358 |
$5,358 |
|
Total Assets |
$14,456 |
$52,458 |
|
Short-Term Debt |
$3,253 |
$2,108 |
|
Long-Term Debt |
$3,360 |
$22,601 |
|
Total Liabilities |
$6,613 |
$24,709 |
Financials as of: 08/07/2022
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