DISCOVER. CONNECT. GAME.
Overview
Raised: $0
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
34
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2019
Industry
Consumer Products, Goods & Services
Tech Sector
GamingTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
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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