Overplay

Overplay

Early Stage

The game engine making videos interactive

The game engine making videos interactive

Overview

Raised to Date: Raised: $1,132,571

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/10/2022

Close Date

10/05/2023

Min. Goal
$150,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$13,000,000

Valuation Cap

$15,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2023

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

$3,801

# of Investors

1,235

Momentum
Funded
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Year Founded

2017

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

Overplay, with a valuation of $15 million, is raising funds on Wefunder. The company has developed a game engine that makes videos interactive by converting them into games. The patented and AI-powered technology of Overplay makes video content more entertaining and engaging and puts the power into the hands of the creators. Overplay has been used to play over 1 million games and has a waitlist of 7,000 creators. Daniel Projansky and Caroline Strzalka founded Overplay in August 2017. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1.24 million. The campaign proceeds will be used for product development, marketing, infrastructure costs, and general corporate expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-850,329

$-249,337

Summary Balance Sheet

FY 2022 FY 2021

Cash

$15,672

$767,537

Accounts Receivable

$0

$0

Total Assets

$1,292,265

$1,190,823

Short-Term Debt

$20,117

$3,346

Long-Term Debt

$2,510,000

$1,575,000

Total Liabilities

$2,530,117

$1,578,346

Financials as of: 12/10/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Overplay 07/08/2024 Wefunder $50,000,000 $619,961 SAFE Active RegCF
Overplay 10/04/2023 Wefunder $15,000,000 $1,132,571 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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Founder Profile

Overplay Co-Founder Caroline Strzalka on a New Category of Social Media

Social media gave rise to a new type of celebrity — the influencer — and changed how billions of people connect, express themselves, shop, and even learn. It’s become so entrenched in our daily lives that it’s easy to forget how new social media actually is. But it still has a lot of room for growth.


Overplay is bringing the video game experience to social media. It lets users turn videos into games — complete with trophies and badges — and post them on social media for others to play. We reached out to Chief Operating Officer and co-founder Caroline Strzalka to hear about how she met her co-founder and her ideas for improving venture investing.


Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.


Read Founder Interview

Add to portfolio
Overplay on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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Follow Overplay on Wefunder 2022

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