Companies · Gaming

Communion Games, Inc.

VENICE · Gaming · refined from filed group “Other

Diligence memoA one-page analyst read on Communion Games, Inc. — recommendation, valuation, rhythm, risks.
$700K
Total raised · real
1
Rounds
1.4×
Latest step-up
Top 41%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Dec 26 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Communion Games, Inc. looks over-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the gaming sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.68× the median modeled value of Pre-Seed Gaming companies in 2022–2024 (23 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.5 yr ago; this sector typically re-raises about every 12 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Gaming

Communion Games, Inc. is one of 344 Gaming companies tracked from VENICE. By capital raised it ranks mid-pack (ahead of 60% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2023
Year incorporated
2023-12-26
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3M$2.5M$3.8M$5.0MPre-Seed · 2023-11-27 Raised $500K (real) Modeled valuation $2.6M (est)$500K$2.6MPre-Seed2023Pre-Seed · 2023-12-26 Raised $700K (real) Modeled valuation $3.5M (est)$700K$3.5MPre-Seed2023+$700KCumulative $1.2M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$500K · 2023
Pre-Seed extension$700K · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$3.5M
Base estimate est.
$411K
Conservative case
$13.8M
Upside case
$3.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the gaming sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $2.6M · 2023-11-272023Pre-Seed · modeled $3.5M · 2023-12-262023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
26%
Survival probability
11% low · 48% high
1.63×/yr
Annual markup
2.21×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
gaming
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
Capital velocity
2.6 yr
On record since
2023
First round
2
Rounds on file
How it compares to the market

Benchmarked against 344 companies in Gaming. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.3× of median
This company$700K
Sector median$2.7M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.0× above median
This company$700K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$3.5M
Sector median$22.8M

Raised more than 60% of sector peers (real $). Modeled value above 58% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #6 of 23.

This companyCohort peer
$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Studio 21 Live Gaming, Inc. · Pre-Seed Raised $1.0M · modeled $7.7M (est)Roxi Fantasy Gaming LLC · Pre-Seed Raised $381K · modeled $4.6M (est)One More Game LLC · Pre-Seed Raised $500K · modeled $4.4M (est)Highpoint Games Holdings, Inc. · Pre-Seed Raised $450K · modeled $4.2M (est)Players' Lounge Holdings, Inc. · Pre-Seed Raised $750K · modeled $4.1M (est)Wolf Suit Games, Inc. · Pre-Seed Raised $250K · modeled $3.1M (est)Deal Game Inc. · Pre-Seed Raised $250K · modeled $3.0M (est)Sandhills Gaming Corp. · Pre-Seed Raised $1.0M · modeled $2.8M (est)Gaingels nCore Games LLC · Pre-Seed Raised $212K · modeled $2.4M (est)Grin Gaming, Inc. · Pre-Seed Raised $658K · modeled $2.2M (est)Gaingels Playable Worlds LLC · Pre-Seed Raised $177K · modeled $2.1M (est)Communion Games, Inc. (this company) Raised $700K · modeled $3.5M (est)Communion Games, Inc.
CompanyStageRaised · realValue · estvs peer med.
Studio 21 Live Gaming, Inc.Pre-Seed$1.0M$7.7M3.70×
Roxi Fantasy Gaming LLCPre-Seed$381K$4.6M2.22×
One More Game LLCPre-Seed$500K$4.4M2.13×
Highpoint Games Holdings, Inc.Pre-Seed$450K$4.2M2.02×
Players' Lounge Holdings, Inc.Pre-Seed$750K$4.1M1.98×
Communion Games, Inc. this companyPre-Seed$700K$3.5M1.68×
Wolf Suit Games, Inc.Pre-Seed$250K$3.1M1.47×
Deal Game Inc.Pre-Seed$250K$3.0M1.44×
Sandhills Gaming Corp.Pre-Seed$1.0M$2.8M1.32×
Gaingels nCore Games LLCPre-Seed$212K$2.4M1.15×
Grin Gaming, Inc.Pre-Seed$658K$2.2M1.07×
Gaingels Playable Worlds LLCPre-Seed$177K$2.1M1.00×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$500K2023-11-27$2.8M$2.6M90%
Pre-Seed$700K2023-12-26$3.9M$3.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$500K2023-11-27
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$700K2023-12-26
    • Came back fast: 1 mo vs the ~12 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~1mo cadence
$980K
Modeled next size est.range $700K$1.6M
1.4×
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Jackson Berry2023-11
Kayvon Scot Martin2023-11
Registry & provenance

Communion Games, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1999694
SEC CIK
2023
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Mobile Gaming Technologies, Inc.GamingPre-Seed$733K$14.5Msame sector · same stage
Good World Games, Inc.GamingPre-Seed$740K$4.4Msame sector · same stage
Grin Gaming, Inc.GamingPre-Seed$658K$2.2Msame sector · same stage
Fsp Esports 1 LlcGamingPre-Seed$750K$20.4Msame sector · same stage
Players' Lounge Holdings, Inc.GamingPre-Seed$750K$4.1Msame sector · same stage
Beast Coast Gaming, Inc.GamingPre-Seed$650K$8.9Msame sector · same stage
Coastal Game Stuidos LLCGamingPre-Seed$650K$17.7Msame sector · same stage
Sunspear Games, Inc.GamingPre-Seed$650K$17.7Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Harmony Games Inc.GamingSeed$16.4M80%
Meta Game, Inc.GamingSeries A$93.7M79%
Wheelhouse Games, Inc.GamingPre-Seed$2.0M79%
Blockade Games, Inc.GamingSeries A$64.2M79%
Indefinite Games IncGamingPre-Seed$6.5M79%
Communion Inc.Other TechnologySeries A$22.1M78%
Junglee Games, Inc.GamingSeed$39.1M78%
Gigaverse Games Inc.GamingSeed$5.2M78%
Frequently asked
How much funding has Communion Games, Inc. raised?
Communion Games, Inc. has raised approximately $700K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Communion Games, Inc.'s estimated valuation?
Provath's modeled valuation for Communion Games, Inc. is approximately $3.5M (modeled range $411K–$13.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Communion Games, Inc. at?
Communion Games, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Dec 26.
What does Communion Games, Inc. do and where is it based?
Communion Games, Inc. operates in the Gaming sector, based in VENICE.
Explore related

See where Communion Games, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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