PvP

PvP

Early Stage

DISCOVER. CONNECT. GAME.

Overview

Raised to Date: Raised: $102,087

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/07/2023

Close Date

03/31/2024

Min. Goal
$50,000
Max. Goal
$1,500,000
Min. Investment

$250

Security Type

SAFE

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$17,000,000

Valuation Cap

$20,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2024

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

$262

# of Investors

80

Momentum
Funded
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Year Founded

2019

Industry

Consumer Products, Goods & Services

Tech Sector

GamingTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Manhattan Beach, California

Business Type

Growth

PvP, with a valuation of $20 million, is raising funds on Wefunder. The company has developed a true gamer social community and an ultimate gaming hub. The platform connects gamers across the world and helps them meet, build, connect, improve, and grow together. PvP has over 150,000 users on its application with over 719% year-over-year organic growth and has developed partnerships and promotions with Twitch, Alienware, Blerp, and Fullscreen Media. Phil Stover and Chris Gray founded PvP in January 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.5 million. The campaign proceeds will be used for marketing, media, ad spend, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-516,506

$-651,687

Summary Balance Sheet

FY 2021 FY 2020

Cash

$42,652

$84,241

Accounts Receivable

$0

$0

Total Assets

$896,127

$740,440

Short-Term Debt

$103,980

$251,395

Long-Term Debt

$341,840

$0

Total Liabilities

$445,820

$251,395

Financials as of: 03/07/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
PvP 03/30/2024 Wefunder $20,000,000 $102,087 SAFE Funded RegCF
PvP 02/22/2023 Dealmaker Securities $7,050,219 $88,168 Equity - Common Funded RegCF
PvP 04/29/2022 Dalmore Group $11,202,479 $2,971,536 Equity - Common Funded RegCF
PvP 10/25/2021 StartEngine $12,000,000 $327,437 Equity - Common 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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PvP on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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