Azure Ravens Entertainment

Azure Ravens Entertainment

Early Stage

A Game Studio Crowd-Owned by YOU!

A Game Studio Crowd-Owned by YOU!

Overview

Raised this Round: Raised: $62,616

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/16/2022

Close Date

02/24/2023

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

10%

Year Founded

2018

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Saline, Michigan

Business Type

Growth

Azure Ravens Entertainment, with a valuation of $10 million, is raising funds on Wefunder. It is a crowd-owned gaming studio wherein gamers own the IP and are a part of the development process. The studio is in the process of developing its Farming RPG, Ravenwood Acres, which is inspired by giants in the Farming RPG genre. Ravenwood is a game based on choice and allows for replayability and player retention. Corbin Reeves founded Azure Ravens Entertainment in March 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for IP development, marketing, and general overhead.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$50,218

$17,303

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-16,650

$-8,291

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,703

$3,378

Accounts Receivable

$0

$0

Total Assets

$2,703

$3,378

Short-Term Debt

$458

$202

Long-Term Debt

$0

$0

Total Liabilities

$458

$202

Financials as of: 06/16/2022
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Azure Ravens Entertainment on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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