GameApart
Early Stage
Party games and teambuilding for any virtual hangout platform
Overview
Raised: $126,660
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/17/2021
Close Date
04/30/2022
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$8,000,000
Valuation Cap
$10,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$777
# of Investors
75
Momentum
Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
GameApart, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a two-sided marketplace that connects board or party game makers to remote workers. The users log in to the site, start a game and share their screen over Meet, Teams, Zoom, or other video conferencing platforms. All the participants, then, get to participate in the games they can choose from the game maker partners. James Simmons and Justin Simmons founded GameApart in July 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for product development, operations, and paid marketing initiatives.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$41 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$30 |
$0 |
| ||
| ||
|
Net Income |
$-57,270 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$299,661 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$299,661 |
$0 |
|
Short-Term Debt |
$930 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$930 |
$0 |
Financials as of: 11/17/2021
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