This company is no longer in business. Investors can get details about any potential exits or failures here.
GameIQ
Early Stage
100% Real Cash Back
Overview
Raised: $76,647
Total Commitments ($USD)
Platform
StartEngine
Start Date
07/28/2021
Close Date
01/25/2022
Min. Goal
$10,000
Max. Goal
$1,069,999
Min. Investment
$249
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.25
Pre-Money Valuation
$12,388,134
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$426
# of Investors
114
Momentum
Funded
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Year Founded
2014
Industry
Business Services, Software, & Applications
Tech Sector
CommerceTech
Distribution Model
B2B2C
Margin
High
Capital Intensity
Low
GameIQ, with a pre-money valuation of $12.4 million, is raising crowdfunding on StartEngine. The company has developed a platform that gamifies shopping. The platform, Spindy, drives sales for businesses, generates savings for consumers, and profits for the company from every transaction. Balazs Wellisch founded GameIQ in October 2014. The proceeds of the current crowdfunding campaign, with a minimum goal of $10,000 and a maximum goal of $1,069,998.75, will be used for growth and expansion. GameIQ can gamify all transactions and aims to disrupt the loyalty program market. Spindy’s gamification engine uses variable rewards that engage consumers and drive sales in a cost-effective way.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$24,684 |
$42,890 |
|
COGS |
$6,514 |
$7,478 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-147,919 |
$-274,904 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$19,308 |
$3,881 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$51,716 |
$41,481 |
|
Short-Term Debt |
$475,083 |
$810,789 |
|
Long-Term Debt |
$16,500 |
$0 |
|
Total Liabilities |
$491,583 |
$810,789 |
Financials as of: 07/28/2021
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