GameSafe

GameSafe

Early Stage

Empowering Parents to Protect Their Children While Gaming

Empowering Parents to Protect Their Children While Gaming

Overview

Raised to Date: Raised: $400

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/28/2022

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%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/30/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$2

Momentum
Not Funded
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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

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.

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

Financials as of: 08/28/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
GameSafe 04/29/2023 Wefunder $10,000,000 $400 Convertible Note Not Funded RegCF
GameSafe 12/30/2021 Wefunder $10,000,000 $53,350 Convertible Note Funded RegCF
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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

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

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