7 Generation Games

7 Generation Games

Closed: Jan. 2023

About this raise

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.

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Investment Overview

Invested this round: $79,425

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
08/08/2022
Close Date
01/20/2023
Min. Goal
$50,000
Max Goal
$500,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$7,000,000

Valuation Cap

$7,500,000

Discount

0%

Company & Team

Company

Year Founded
2015
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
Minneapolis, Minnesota
Business Type
Growth
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
No
Founder Name
Maria Ortiz
Title
CEO
Founder Name
AnnMaria Mars
Title
President

Financials

 Revenue +191% YoY
$583,865
 Monthly Burn
$2,859
 Runway
1.1 months

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$380,000
Grants
$2,300,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/20/2023 Wefunder $7,500,000 $79,425 SAFE Funded RegCF
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7 Generation Games on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $7,500,000

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Warning: according to the close date for this deal, 7 Generation Games may no longer be accepting investments.

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