Orange Comet

Orange Comet

Open  for investment

About this raise

Orange Comet is raising funds on Dealmaker Securities. The gaming company is building games with Hollywood’s biggest studios. Orange Comet has a portfolio of some of Hollywood’s most treasured IP and has partnerships with Paramount for Teenage Mutant Ninja Turtles, NBC Universal for Fast & Furious, and AMC for The Walking Dead. The company aims to tap into the millions of pre-existing fans around the world and enable them to play more video games based on movies and television series they love. Dave Broome, Will Meris, Yong Yam, Edward Loew, Brian Peterson, and Dante Ferrarini founded Orange Comet in June 2022. The current crowdfunding campaign has a minimum target of $4,998 and a maximum target of $5 million. The campaign proceeds will be used for game development and general corporate purposes.

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Investment Overview

Committed this round: $2,087,155

Deal Terms

Total Commitments ($USD)

Platform
DealMaker Securities
Start Date
08/14/2024
Close Date
08/07/2025
Min. Goal
$4,998
Max Goal
$4,999,995
Min. Investment

$504

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$7.00

Pre-Money Valuation

$252,123,256

Company & Team

Company

Year Founded
2022
Industry
Media, Entertainment & Publishing
Tech Sector
GamingTech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Burbank, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
27
Prior Founder Exits?
No
Founder Name
Dave Broome
Title
CEO
Founder Name
Will Meris
Title
President
Founder Name
Yong Yam
Title
COO
Founder Name
Edward Loew
Title
Chief Business Officer
Founder Name
Brian Peterson
Title
CAO
Founder Name
Dante Ferrarini

Financials

as of December 31, 2023
 Revenue -93.8% YoY
$367,000
 Monthly Burn
$1,691,167
 Runway
4.3 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$367,000

$5,960,000

COGS

$1,072,000

$285,000

Tax

$2,000

$2,000

 

 

Net Income

$-20,294,000

$-21,494,000

Summary Balance Sheet

FY 2023 FY 2022

Cash

$7,322,000

$4,613,000

Accounts Receivable

$0

$38,000

Total Assets

$23,570,000

$15,497,000

Short-Term Debt

$4,848,000

$5,248,000

Long-Term Debt

$16,494,000

$978,000

Total Liabilities

$21,342,000

$6,226,000

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$38,925,727
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/07/2025 DealMaker Securities $252,123,256 $2,087,155 Equity - Common Active RegCF
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Add to portfolio
Orange Comet on Dealmaker Securities 2024
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $252,123,256
Price per Share: $7.00

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