Refactor Games

Refactor Games

Early Stage

Independent Emergent Video Games

Independent Emergent Video Games

Overview

Raised this Round: Raised: $43,425

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/16/2023

Close Date

06/14/2023

Max. Goal
$1,234,998
Min. Investment

$249

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.08

Pre-Money Valuation

$9,990,000

Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Santa Monica, California

Business Type

High Growth

Refactor Games, with a valuation of $9.99 million, is raising funds on StartEngine. It is a technology company and video game studio that makes fun and innovative video games. The company uses sports physics engine technology to apply physics simulation to develop realistic and user-friendly video games. Refactor Games has already earned 5,000 customers with its first video game and has key partnerships with companies like Nvidia, Microsoft (Xbox), and Bubba Dutch. Nathan Burba and Arman Megurditchian founded Refactor Games in March 2021. The current crowdfunding campaign has a minimum target of $9,999.72 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, marketing, operations, and company employment.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$263,466

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-376,655

$-6,471

Summary Balance Sheet

FY 2022 FY 2021

Cash

$65,694

$6,139

Accounts Receivable

$0

$0

Total Assets

$66,254

$6,139

Short-Term Debt

$144,600

$12,600

Long-Term Debt

$300,000

$0

Total Liabilities

$444,600

$12,600

Financials as of: 03/16/2023
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Refactor Games on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $9,990,000
Price per Share: $1.08

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Follow Refactor Games on StartEngine 2023

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