Gamers Heaven

Gamers Heaven

Closed: Nov. 2023

About this raise

Gamers Heaven is raising funds on DealMaker Securities. The company serves as the hub for gaming experiences, culinary delights, products, culture, and new technologies. It is building the future of anime, gaming, and the Otaku lifestyle and aims to create a community of gamers and regular guests who come to sit down and play games in the lounge. Gamers Heaven started franchising in 2021 with its first franchise store in Seattle, Washington, and two more under construction in Denver, Colorado, and Miami, Florida. Andrew Hwang founded Gamers Heaven in December 2020. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $5 million. The campaign proceeds will be used for relocation of the flagship store, purchasing retail distribution products, debt repayment, administrative and legal fees, and working capital.

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Investment Overview

Invested this round: $302,325

Deal Terms

Total Commitments ($USD)

Platform
DealMaker Securities
Start Date
11/07/2022
Close Date
11/06/2023
Min. Goal
$250,000
Max Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

Uncapped

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
GamingTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Gilbertsville, Pennsylvania
Business Type
Growth
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
No
Founder Name
Andrew Hwang
Title
CEO

Financials

 Revenue
$172,880
 Monthly Burn
$18,712
 Runway
0.2 months
Gross Margin
44%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$172,880

$0

COGS

$96,759

$0

Tax

$0

$0

 

 

Net Income

$-224,541

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$3,165

$1,060

Accounts Receivable

$-22,400

$0

Total Assets

$120,387

$34,060

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$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
11/06/2023 DealMaker Securities - $302,325 SAFE Funded RegCF
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Gamers Heaven on DealMaker Securities 2022
Platform: DealMaker Securities
Security Type: SAFE

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Warning: according to the close date for this deal, Gamers Heaven may no longer be accepting investments.

Gamers Heaven Deal Report

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