GameSafe

GameSafe

Closed: Apr. 2023

About this raise

GameSafe, with a valuation of $10 million, is raising funds on Wefunder. The company has developed the technology to empower parents to protect their children online while gaming. The technology provides gaming protection to kids and protects them from being preyed on by monitoring the chats inside the games they play. GameSafe has an approved patent and has partnerships with companies like Techie Factory, Dafe Surfin’ Foundation, and Thorn. David Everitt founded GameSafe in July 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $198,000. The campaign proceeds will be used for technology development, marketing, internal staff, and cloud operational costs.

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Investment Overview

Not Funded: $400

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
08/29/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max Goal
$198,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

20%

Company & Team

Company

Year Founded
2020
Industry
Security, Cybersecurity, & Defense
Tech Sector
GamingTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
The Woodlands, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
David Everitt
Title
CEO
Founder Name
Noel Coon
Title
Board Member

Financials

 Revenue
$35
 Monthly Burn
$159
 Runway
8.3 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$35

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,909

$-93,632

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,317

$1,729

Accounts Receivable

$0

$0

Total Assets

$1,317

$1,729

Short-Term Debt

$88,598

$0

Long-Term Debt

$0

$0

Total Liabilities

$88,598

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$238,055
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2023 Wefunder $10,000,000 $400 Convertible Note Not Funded RegCF
12/31/2021 Wefunder $10,000,000 $53,350 Convertible Note Funded RegCF
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Growth Charts

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.

Valuation History

Employee History

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Add to portfolio
GameSafe on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $10,000,000

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

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