PLLAY Labs

PLLAY Labs

Early Stage

Peer-to-Peer video game wagering platform leveraging AI with 31,300+ downloads since launch in June

Peer-to-Peer video game wagering platform leveraging AI with 31,300+ downloads since launch in June

Overview

Raised to Date: Raised: $306,893

Total Commitments ($USD)

Platform

Microventures

Start Date

12/02/2020

Close Date

04/25/2021

Min. Goal
$50,000
Max. Goal
$1,070,000
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
Funded
Reporting Date

05/01/2021

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

$2,131

# of Investors

754

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2018

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Huntingdon Valley, Pennsylvania

Business Type

Growth

PLLAY Labs, with a valuation cap of $10 million, is raising funds on MicroVentures. The company has developed a mobile application that allows video gamers to wager money on matches. The users get to access their winnings within seconds of winning. The platform uses artificial intelligence and consumer vision technology to determine winners, monitor cheating, and track achievements. Shawn Gunn and Christine Krzyzanowski founded PLLAY Labs in 2018 and raised over $3 million in previous rounds of financing. The current crowdfunding round has a minimum raise of $50,000 and a maximum raise of $1,070,000, and the funds will be used for marketing, research and development, future wages, and general working capital. PLLAY Labs has over 31,300 downloads and 113,000 impressions since its launch in June 2020.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$550

$0

 

 

Net Income

$-524,443

$-41,034

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,138,654

$30,716

Accounts Receivable

$0

$0

Total Assets

$1,987,974

$30,716

Short-Term Debt

$0

$0

Long-Term Debt

$2,547,000

$50,000

Total Liabilities

$2,547,000

$50,000

Financials as of: 12/02/2020
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
PLLAY Labs on MicroVentures
Platform: Microventures
Security Type: Convertible Note
Valuation: $10,000,000

Follow company

Follow PLLAY Labs on MicroVentures

Buy PLLAY Labs's Deal Report

Warning: according to the close date for this deal, PLLAY Labs may no longer be accepting investments.

PLLAY Labs Deal Report

Get KingsCrowd’s comprehensive report on PLLAY Labs including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether PLLAY Labs is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the PLLAY Labs deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge