Gameflip

Gameflip

Growth Stage

The Marketplace for Gamers

The Marketplace for Gamers

Overview

Raised to Date: Raised: $318,087

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/29/2024

Close Date

04/28/2024

Min. Goal
$10,000
Max. Goal
$2,000,000
Min. Investment

$250

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.50

Pre-Money Valuation

$36,826,409

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

13

% of Min. Goal

3,181%

% of Max. Goal

16%

Likelihood of Max
unlikely
Avg. Daily Raise

$6,915

# of Investors

185

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2014

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

San Jose, California

Business Type

High Growth

Gameflip, with a valuation of $36.83 million, is raising funds on StartEngine. The company has developed a digital marketplace for gamers where they can safely buy and sell all things related to gaming. Gameflip’s marketplace is powered by advanced technology and provides gamers with a simple and safe place to flip their gaming items and assets. The company has built a community of approximately seven million gamers and has facilitated sales of over $160 million. JT Nguyen and Terry Ngo founded Gameflip in December 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.07 million. The campaign proceeds will be used for marketing, research and development, company employment, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$2,571,791

$3,090,690

COGS

$646,082

$835,764

Tax

$0

$0

 

 

Net Income

$-1,534,626

$-1,981,929

Summary Balance Sheet

FY 2023 FY 2022

Cash

$593,677

$1,007,261

Accounts Receivable

$422,763

$356,976

Total Assets

$1,233,685

$1,404,294

Short-Term Debt

$730,038

$622,985

Long-Term Debt

$0

$0

Total Liabilities

$730,038

$622,985

Financials as of: 02/29/2024
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Gameflip 04/28/2024 StartEngine $36,826,409 $318,087 Equity - Common Active RegCF
Gameflip 12/14/2023 StartEngine $34,781,547 $1,931,213 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Gameflip on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $36,826,409
Price per Share: $0.50

Follow company

Follow Gameflip on StartEngine 2024

Buy Gameflip's Deal Report

Gameflip Deal Report

Get KingsCrowd’s comprehensive report on Gameflip including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Gameflip is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Gameflip deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge