Lightgliders

Early Stage

The Christian Metaverse to Grow the Good

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/02/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,235,000

Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

Funding Type

RegCF

Valuation Cap

$15,000,000

Discount Rate

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/03/2023

Days Remaining

86

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
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Location

Saint Louis, Missouri

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Lightgliders, with a valuation of $15 million, is raising funds on Wefunder. It is a Christian Metaverse to impact the young generation and encourage the important values of hope, purpose, and love. Lightgliders is available online and as an app and is a virtual world of Christian faith, games, and community for kids. The company has an average revenue per user of $7.35 and an active subscription of 1,350 among over 4,000 players. Zach Fay founded Lightgliders in January 2009. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, designing and developing the Lightgliders P2E game MVP, and designing the Lightgliders presence in Roblox.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$124,374

$108,877

COGS

$22,722

$24,450

Tax

$0

$0

 

 

Net Income

$-842,956

$-899,957

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$121,281

$56,632

Accounts Receivable

$0

$0

Total Assets

$235,179

$770,326

Short-Term Debt

$23,540

$54,531

Long-Term Debt

$0

$0

Total Liabilities

$23,540

$54,531

Financials as of: 12/02/2022
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Lightgliders on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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