Pressure Games
About this raise
Pressure Games, with a valuation cap of $3.5 million, is raising funds on WeFunder. The company uses technology to create award-winning toys around playground games. The first patent-pending toy of Pressure Games combines hide-and-seek with technological innovation to create endless fun. Pressure Games was founded by Alex Andreae, Liz Hughes, and Nilesh Kulkarni and has raised around $60,000 since its inception. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $107,000, will be used for product research and development, marketing and promotions, and employee compensation and wages. Pressure Games is set to launch its first product in the second quarter of 2020 and is sending demo units to reviewers and parents for feedback.
Investment Overview
Invested $50,778 :
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/10/2020 | Wefunder | $3,500,000 | $50,778 | Convertible Note | Funded | RegCF |