BrightLocker

BrightLocker

Early Stage

Gaming platform

Gaming platform

Overview

Raised this Round: Raised: $346,094

Platform

StartEngine

Start Date

09/11/2017

Close Date

01/26/2018

Min. Goal
$10,000
Max. Goal
$1,069,999
Min. Investment

$251

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.34

Pre-Money Valuation

$24,692,954

Year Founded

2014

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Location

Austin, Texas

BrightLocker, with a valuation of $24.7 million, is raising funds on StartEngine. It is a social video game platform that connects game developers and gamers. BrightLocker brings the gaming community together for discoverability, crowdfunding, and engagement. The platform enables developers to promote their games to a larger audience and for gamers to get access to new games early in development. Ruben Cortez, Mark Rizzo, Eric Schmitter, and Igor Efremov founded BrightLocker in March 2014. The current crowdfunding campaign has a minimum target of $9,999.96 and a maximum target of $1.07 million. The campaign proceeds will be used for R&D, production, marketing, and working capital.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$4,517

$200,000

COGS

$161

$0

Tax

$0

$0

 

 

Net Income

$-1,176,620

$-1,432,114

Summary Balance Sheet

FY 2016 FY 2015

Cash

$13,236

$84,022

Accounts Receivable

$1,750

$1,000

Total Assets

$240,817

$338,790

Short-Term Debt

$1,248

$2,336

Long-Term Debt

$595,939

$418,318

Total Liabilities

$597,187

$420,654

Financials as of: 09/11/2017
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BrightLocker on StartEngine 2018
Platform: StartEngine
Security Type: Equity - Common
Valuation: $24,692,954
Price per Share: $3.34

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