PvP

[Closed for Investment] 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.

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Investment Overview

Raised this Round: Raised: $102,087

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
03/08/2023
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%

Company & Team

Company

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
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Phil Stover
Title
CEO
Founder Name
Chris Gray
Title
CTO

Financials

as of Fiscal Year 2021
 Revenue
$0
 Monthly Burn
$43,042
 Runway
1 months

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$3,642,053
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2024 Wefunder $20,000,000 $102,087 SAFE Funded RegCF
02/23/2023 DealMaker Securities $7,050,219 $88,168 Equity - Common Funded RegCF
04/30/2022 Dalmore Group $11,202,479 $2,971,536 Equity - Common Funded RegCF
10/26/2021 StartEngine $12,000,000 $327,437 Equity - Common Funded RegCF
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Growth Charts

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

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PvP on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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Follow PvP on Wefunder 2023

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

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