Sparrow InterActive
Sparrow InterActive is creating a mobile game to disrupt a pay to win genre
Overview
Raised: $24,102
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/25/2020
Close Date
07/23/2021
Min. Goal
$20,000
Max. Goal
$105,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
3.00X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$89
# of Investors
36
Momentum
Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
GamingTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Sparrow InterActive, a gaming company, is raising crowdfunding on Wefunder. The company creates social and strategic mobile video games with a strong focus on customer service and player experience. The current game of Sparrow InterActive, Darklin Wars, fixes the problems of the Pay to Win games. Matt Lobel founded Sparrow InterActive in September 2020 and has raised over $77,000 since its founding. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $105,000, and the funds will be used for programming, artwork, quality assurance, project management, marketing, and audio/visual FX. Sparrow InterActive works on a revenue model that allows players to compete on a level playing field.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/25/2020
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