Companies · Gaming

Studio 21 Live Gaming, Inc.

INVER GROVE HEIGHTS · Gaming · refined from filed group “Other

Diligence memoA one-page analyst read on Studio 21 Live Gaming, Inc. — recommendation, valuation, rhythm, risks.
$1.0M
Total raised · real
1
Rounds
Latest step-up
Top 37%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Feb 03 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Studio 21 Live Gaming, 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 3.70× the median modeled value of Pre-Seed Gaming companies in 2022–2024 (23 peers) — value vs value, same stage and era.
Dormant
  • Last raise 3.4 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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

Studio 21 Live Gaming, Inc. is one of 344 Gaming companies tracked from INVER GROVE HEIGHTS. By capital raised it ranks mid-pack (ahead of 64% 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.

gaming

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2020
Year incorporated
2023-02-03
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$2.5M$5.0M$7.5M$10MPre-Seed · 2023-02-03 Raised $1.0M (real) Modeled valuation $7.7M (est)$1.0M$7.7MPre-Seed2023

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$1.0M · 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
$7.7M
Base estimate est.
$587K
Conservative case
$39.7M
Upside case
$5.6M
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.

Not enough modeled valuation points to chart a trajectory.

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
3.4 yr
Elapsed time used
3.4 yr actual, capped for stale marks
gaming
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
3.4 yr
On record since
2023
First round
1
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) 0.4× of median
This company$1.0M
Sector median$2.7M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.9× above median
This company$1.0M
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$7.7M
Sector median$22.8M

Raised more than 64% of sector peers (real $). Modeled value above 65% 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 #1 of 23.

This companyCohort peer
$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)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)Communion Games, Inc. · Pre-Seed Raised $700K · modeled $3.5M (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)Studio 21 Live Gaming, Inc. (this company) Raised $1.0M · modeled $7.7M (est)Studio 21 Live Gaming, Inc.
CompanyStageRaised · realValue · estvs peer med.
Studio 21 Live Gaming, Inc. this companyPre-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.Pre-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$1.0M2023-02-03$5.6M$7.7M90%
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$1.0M2023-02-03
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
Intelligence
Modeled next raise
$1.6M
Modeled next size est.range $1.0M$2.6M
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
Christopher Haller2023-02
Emil Nikolov2023-02
Registry & provenance

Studio 21 Live Gaming, 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
1965942
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
Gaming Revolution for International Development Inc.GamingPre-Seed$1.0M$19.7Msame sector · same stage
Sea MonsterGamingPre-Seed$1.0M$26.7Msame sector · same stage
Sandhills Gaming Corp.GamingPre-Seed$1.0M$2.8Msame sector · same stage
Velocity Esports, Inc.GamingPre-Seed$1.1M$746Ksame sector · same stage
Mobile Global Esports, Inc.GamingPre-Seed$1.1M$359Ksame sector · same stage
RD Games IncGamingPre-Seed$900K$24.5Msame sector · same stage
Wichita Esports LLCGamingPre-Seed$870K$20.4Msame sector · same stage
Game Sports Network, Inc.GamingPre-Seed$850K$23.2Msame 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
Gaming 247, Inc.GamingSeries B$473.3M77%
Indefinite Games IncGamingPre-Seed$6.5M75%
Wisdom Gaming, Inc.GamingSeries A$5.2M75%
Team 21 Studio, LLCMedia & ContentPre-Seed$2.6M75%
One More Game LLCGamingPre-Seed$4.4M75%
Statement Games Inc.GamingPre-Seed$3.4M75%
Maximum Games, Inc.GamingPre-Seed$23.2M74%
One More Game, Inc.GamingSeries B$339.3M74%
Frequently asked
How much funding has Studio 21 Live Gaming, Inc. raised?
Studio 21 Live Gaming, Inc. has raised approximately $1.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Studio 21 Live Gaming, Inc.'s estimated valuation?
Provath's modeled valuation for Studio 21 Live Gaming, Inc. is approximately $7.7M (modeled range $587K–$39.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Studio 21 Live Gaming, Inc. at?
Studio 21 Live Gaming, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Feb 03.
What does Studio 21 Live Gaming, Inc. do and where is it based?
Studio 21 Live Gaming, Inc. operates in the Gaming sector, based in INVER GROVE HEIGHTS.
Explore related

See where Studio 21 Live Gaming, 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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