DISCOVER. CONNECT. GAME.

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/08/2023

Close Date

04/30/2023

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

Active

Reporting Date

03/27/2023

Days Remaining

34

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
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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

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-516,506

$-651,687

Summary Balance Sheet

Most Recent Year Prior Year

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: 03/08/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
PvP 04/30/2023 Wefunder $20,000,000 $0 SAFE Active RegCF
PvP 02/23/2023 Dealmaker Securities $7,050,219 $0 Equity - Common Funded RegCF
PvP 04/30/2022 Dalmore Group $11,202,479 $2,971,536 Equity - Common Funded RegCF
PvP 10/26/2021 StartEngine $12,000,000 $327,437 Equity - Common Funded RegCF
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PvP on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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