BitOGenius

BitOGenius

BitOGenius, with a valuation of $10 million, is raising funds on Mr. Crowd. The company aims to democratize video game creation. BitOGenius uses its patented open-ended game creation technology, Pixicade, to transform physical drawings into playable video games. The company makes game creation enjoyable and accessible for people of all ages and interests and fosters innovation and creativity in gaming. Martin Horstman and Alysha Horstman founded BitOGenius in April 2019. The current crowdfunding campaign has a minimum target of $50,240 and a maximum target of $1.23 million. The campaign proceeds will be used for sales and marketing, product and R&D, inventory, and operations.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Mr. Crowd
Start Date
10/21/2024
Close Date
04/30/2025
Min. Goal
$50,240
Max. Goal
$1,234,880
Min. Investment

$185

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$185.00

Pre-Money Valuation

$10,033,401

Company & Team

Company

Year Founded
2019
Industry
Business Services, Software, & Applications
Tech Sector
GamingTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
White Plains, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Martin Horstman
Title
CEO
Founder Name
Alysha Horstman
Title
CCO

Funding data not publicly available

Financials

as of Fiscal Year 2023
 Revenue -48.8% YoY
$535,094
 Monthly Burn
$6,923
 Runway
10.5 months
Gross Margin
83%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$535,094

$1,045,651

COGS

$89,348

$191,075

Tax

$0

$0

 

 

Net Income

$-83,081

$-464,150

Summary Balance Sheet

FY 2023 FY 2022

Cash

$72,466

$337,597

Accounts Receivable

$12,417

$7,155

Total Assets

$1,256,111

$1,246,399

Short-Term Debt

$12,849

$60,055

Long-Term Debt

$140,000

$0

Total Liabilities

$152,849

$60,055

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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
04/30/2025 Mr. Crowd $10,033,401 $0 Equity - Common Active RegCF
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Add to portfolio
BitOGenius on Mr. Crowd 2024
Platform: Mr. Crowd
Security Type: Equity - Common
Valuation: $10,033,401
Price per Share: $185.00

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Follow BitOGenius on Mr. Crowd 2024

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