Portalarium

Portalarium

Early Stage

Online social games

Online social games

Overview

Raised this Round: Raised: $789,659

Platform

SeedInvest

Start Date

05/30/2017

Close Date

09/22/2017

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

$500

Security Type

Equity - Preferred

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$1.23

Pre-Money Valuation

$25,000,000

Year Founded

2009

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Location

Austin, Texas

Portalarium, with a valuation of $25 million, is raising funds on SeedInvest. It is a game-developing company based in Austin, Texas. Portalarium publishes virtual worlds, online social games, and related products and services and maximizes the fun and social play experience between friends. The video game developer is transforming the way massively multiplayer online role playing games (MMORPGs) are played and enjoyed. Dallas Snell, Fred Schmidt, and Richard Garriott founded Portalarium in September 2009. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1 million. The campaign proceeds will be used for marketing, research and development, and working capital.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-3,068,579

$-3,048,110

Summary Balance Sheet

FY 2016 FY 2015

Cash

$618,794

$710,568

Accounts Receivable

$0

$0

Total Assets

$646,123

$728,825

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/30/2017
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Portalarium 09/21/2017 SeedInvest $25,000,000 $789,659 Equity - Preferred Funded RegCF / RegD 506(c)
Portalarium 09/11/2017 SeedInvest $25,000,000 $75,001 Equity - Preferred Funded RegD 506(c)
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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.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Funding data not publicly available

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Add to portfolio
Portalarium on SeedInvest 2017
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $25,000,000
Price per Share: $1.23

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

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