Companies · Gaming

ForeVR Games Inc.

Los Angeles · Gaming · refined from filed group “Other Technology

Diligence memoA one-page analyst read on ForeVR Games Inc. — recommendation, valuation, rhythm, risks.
$19.4M
Total raised · real
3
Rounds
1.5×
Latest step-up
Top 9%
Sector rank · raised
Series A
Latest stage · inferred · Tue Jun 28 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

ForeVR Games Inc. looks over-valued against its niche peers and is dormant 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 2.00× the median modeled value of Series A Gaming companies in 2022–2024 (22 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.0 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
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

ForeVR Games Inc. is one of 344 Gaming companies tracked from Los Angeles. By capital raised it ranks among the largest (ahead of 92% of sector peers), and among the largest 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
5
Investors (latest)
2020
Year incorporated
2022-06-28
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$25M$50M$75M$100MSeed · 2020-11-10 Raised $1.6M (real) Modeled valuation $29M (est)$1.6M$29MSeed2020Seed · 2020-11-10 Raised $1.6M (real) Modeled valuation $29M (est)$1.6M$29MSeed2020Series A · 2021-06-30 Raised $7.0M (real) Modeled valuation $88M (est)$7.0M$88MSeries A2021Series A · 2022-06-28 Raised $11M (real) Modeled valuation $96M (est)$11M$96MSeries A2022+$1.6M+$7.0M+$11MCumulative $21M

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
Seed$1.6M · 2020
Seed extension$1.6M · 2020
Series A$7.0M · 2021
Series A extension$10.8M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$96.2M
Base estimate est.
$13.0M
Conservative case
$330.5M
Upside case
$49.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the gaming sector profile. Directional, not a quoted figure.

Seed · modeled $29.3M · 2020-11-102020Seed · modeled $29.3M · 2020-11-10Series A · modeled $88.2M · 2021-06-30Series A · modeled $96.2M · 2022-06-282022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
48%
Survival probability
26% low · 66% high
1.42×/yr
Annual markup
1.78×/yr upside case
4.0 yr
Elapsed time used
4.0 yr actual, capped for stale marks
gaming
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$11.9M/yr
Capital velocity
5.6 yr
On record since
2020
First round
4
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) 7.2× above median
This company$19.4M
Sector median$2.7M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.9× above median
This company$10.8M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 4.2× above median
This company$96.2M
Sector median$22.8M

Raised more than 92% of sector peers (real $). Modeled value above 92% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #2 of 22.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Community Gaming, Inc. · Series A Raised $15.8M · modeled $129.7M (est)Allstar Gaming, Inc. · Series A Raised $21.2M · modeled $90.8M (est)Good Game, Inc · Series A Raised $8.5M · modeled $85.8M (est)Lightforge Games Inc. · Series A Raised $12.0M · modeled $71.1M (est)Perfect Game Group, Inc · Series A Raised $10.8M · modeled $64.9M (est)Pro Sports Gaming LLC · Series A Raised $6.0M · modeled $63.1M (est)BigBrain Games Inc. · Series A Raised $8.5M · modeled $57.4M (est)Random Games Co Inc. · Series A Raised $7.1M · modeled $52.8M (est)G3 Esports LLC · Series A Raised $6.9M · modeled $52.7M (est)Squid Games Inc. · Series A Raised $10.9M · modeled $52.4M (est)Lightfox Games, Inc. · Series A Raised $9.8M · modeled $43.6M (est)ForeVR Games Inc. (this company) Raised $19.4M · modeled $96.2M (est)ForeVR Games Inc.
CompanyStageRaised · realValue · estvs peer med.
Community Gaming, Inc.Series A$15.8M$129.7M2.70×
ForeVR Games Inc. this companySeries A$19.4M$96.2M2.00×
Allstar Gaming, Inc.Series A$21.2M$90.8M1.89×
Good Game, IncSeries A$8.5M$85.8M1.79×
Lightforge Games Inc.Series A$12.0M$71.1M1.48×
Perfect Game Group, IncSeries A$10.8M$64.9M1.35×
Pro Sports Gaming LLCSeries A$6.0M$63.1M1.31×
BigBrain Games Inc.Series A$8.5M$57.4M1.19×
Random Games Co Inc.Series A$7.1M$52.8M1.10×
G3 Esports LLCSeries A$6.9M$52.7M1.10×
Squid Games Inc.Series A$10.9M$52.4M1.09×
Lightfox Games, Inc.Series A$9.8M$43.6M0.91×
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.
Seed$1.6M2020-11-10$7.8M$29.3M90%
Seed$1.6M2020-11-10$7.8M$29.3M90%
Series A$7.0M2021-06-30$31.8M$88.2M90%
Series A$10.8M2022-06-28$49.1M$96.2M90%
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. Seed$1.6M2020-11-10
    • First recorded raise — entered as Seed.
    • 23 investors on this round.
  2. Seed$1.6M2020-11-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 23 investors on this round.
  3. Series A$7.0M2021-06-30
    • Raised 8 mo later, in step with the ~12 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
    • 11 investors on this round.
  4. Series A$10.8M2022-06-28
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 5 investors on this round.
Intelligence
2023 ~Q1
Modeled next raise · ~7mo cadence
$16.7M
Modeled next size est.range $10.8M$26.7M
1.5×
Last step-up
$11.9M/yr
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
Marcus Segal1 other2020-11
Segal Segal2020-11
Registry & provenance

ForeVR 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
1832963
SEC CIK
2020
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
Golden Hearts Games Inc.GamingSeries A$17.9M$36.5Msame sector · same stage
Allstar Gaming, Inc.GamingSeries A$21.2M$90.8Msame sector · same stage
Community Gaming, Inc.GamingSeries A$15.8M$129.7Msame sector · same stage
Wisdom Gaming, Inc.GamingSeries A$14.9M$5.2Msame sector · same stage
Core Loop Games, Inc.GamingSeries A$14.6M$137.4Msame sector · same stage
W4 Games US Inc.GamingSeries A$14.4M$1.5Msame sector · same stage
Next Games OyGamingSeries A$14.3M$47.1Msame sector · same stage
Brain Jar Games, Inc.GamingSeries A$12.2M$15.9Msame 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
VictoryVR Inc.Other TechnologySeed$25.7M85%
BinaryVR, Inc.Other TechnologySeries A$162.0M84%
Massvr, LlcOther TechnologyPre-Seed$32.8M84%
Savepoint Games Inc.GamingSeed$28.7M83%
ReLoomVR, Inc.Other TechnologyPre-Seed$2.3M83%
Playable Worlds, Inc.GamingSeed$26.1M82%
Gamesight Inc.Other TechnologySeed$4.7M82%
Gamers Net, Inc.Other TechnologySeries A$392.9M82%
Frequently asked
How much funding has ForeVR Games Inc. raised?
ForeVR Games Inc. has raised approximately $19.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is ForeVR Games Inc.'s estimated valuation?
Provath's modeled valuation for ForeVR Games Inc. is approximately $96.2M (modeled range $13.0M–$330.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ForeVR Games Inc. at?
ForeVR Games Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Jun 28.
What does ForeVR Games Inc. do and where is it based?
ForeVR Games Inc. operates in the Gaming sector, based in Los Angeles.
Explore related

See where ForeVR 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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