Diligence memo · auto-generated · as of July 2, 2026
Golden Hearts Games Inc.
Golden Hearts Games Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Golden Hearts Games Inc. operates in Gaming, based in BOSTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Golden Hearts Games Inc. has raised $18M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $11M on 2021-06-25.
Most recent recorded round closed around 2023-05-05.
Valuation (modeled)modeled
Provath models Golden Hearts Games Inc. at approximately $37M (range $6.6M–$103M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.76× the median modeled value of Series A Gaming companies in 2022–2024 (22 peers) — value vs value, same stage and era. Within the normal band (76% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 21 months.
Last raise 3.2 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.
The last round was 2.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 92% of Gaming peers (344 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Community Gaming, Inc., ForeVR Games Inc., Allstar Gaming, Inc., Good Game, Inc, Lightforge Games Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.