GRID

GRID

Early Stage

Creating purposeful video games with no-code and at lightning speed!

Creating purposeful video games with no-code and at lightning speed!

Overview

Raised to Date: Raised: $196,160

Total Commitments ($USD)

Platform

Republic

Start Date

09/22/2021

Close Date

11/30/2021

Min. Goal
$25,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/04/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,885

# of Investors

329

Momentum
Funded
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Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

EdTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Vienna, Virginia

Business Type

Growth

GRID, with a valuation of $5 million, is raising funds on Republic. The company empowers non-gamer and non-technical people to create purposeful video games. The video games can be created at lightning speed, at low cost, and with no code for marketing, training, and educational purposes. Breshna.io, the SaaS platform of GRID, was used to create over 1,000 games in the first four days of its launch. Mariam Nusrat founded GRID in March 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,000,000. The campaign proceeds will be used for rapid product development, expansion of customer acquisition, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-34,699

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$91,443

$0

Accounts Receivable

$0

$0

Total Assets

$92,446

$0

Short-Term Debt

$0

$0

Long-Term Debt

$73,337

$0

Total Liabilities

$73,337

$0

Financials as of: 09/22/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Breshna.io 02/14/2024 Republic $50,000,000 $60,300 SAFE Funded RegCF
GRID 11/29/2021 Republic $5,000,000 $196,160 SAFE 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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GRID on Republic 2021
Platform: Republic
Security Type: SAFE
Valuation: $5,000,000

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