Gamelevate

Gamelevate

Closed: Dec. 2022

About this raise

Gamelevate, with a valuation of $10.8 million, is raising funds on StartEngine. It is a media company that provides coverage of esports and gaming events. Gamelevate is in the process of launching its website to deliver engaging and dynamic content to gamers and esports fans. The users of Gamelevate will also get to access GMTVHub as the comprehensive database of global esports systems and connect with their favorite professionals through the database. Mark Besharaty founded Gamelevate in October 2020. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $949,999.20. The campaign proceeds will be used to develop more strategic partnerships and grow.

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Investment Overview

Not Funded: $6,168

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
09/27/2022
Close Date
12/28/2022
Min. Goal
$10,000
Max Goal
$949,999
Min. Investment

$240

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.20

Pre-Money Valuation

$10,800,000

Company & Team

Company

Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
GamingTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Location
Irvine, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Mark Besharaty
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$8,065
 Runway
4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-96,775

$-44,718

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$32,205

$10,000

Accounts Receivable

$0

$0

Total Assets

$32,205

$10,000

Short-Term Debt

$4,582

$0

Long-Term Debt

$0

$0

Total Liabilities

$4,582

$0

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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
12/28/2022 StartEngine $10,800,000 $6,168 Equity - Common Not Funded RegCF
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Add to portfolio
Gamelevate on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,800,000
Price per Share: $1.20

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Follow Gamelevate on StartEngine 2022

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