Gameroo is raising £100,000 investment on Crowdcube. Capital At Risk.

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Gameroo is a mobile-first peer-to-peer resale marketplace for buying & selling pre-owned console games & movies. Since launching the app in Aug 2020, they've had over 3,500 active downloads already & are now raising funds to invest in their technology offering, marketing & building the team ready to scale.

Video games and consoles market valued at 1.8bn in 2020
Scalable platform that aims to be a disruptive mobile-first Peer 2 Peer marketplace
Founders have 20+ years experience in the resale market
We aim to offer a unique value proposition with targeted customer rewards

Idea

Gameroo Crowdfunding Video 2020

Trading games and movies is our obsession

Our App with hundreds of Games & DVDs available already

The Gameroo app offers a dynamic alternative for game buyers and sellers, allowing them to trade directly with each other, offering market-beating prices and passive earning potential.

Our app-based business aims to disrupt the current used media market by providing a focused and incentivised service to our community of customers, with a simple to use marketplace where they can trade and buy games and Blu-rays, by buying or earning credits.

Console segment revenues are predicted to reach $61.1Bn in 2022, increasing +9.7% year on year. The UK Market for physical games sales and physical movie sales total over 600M and 110M respectively. The High Street pre-owned games and movies market is dominated by rivals CEX and Game.

We believe that we're positioned to be a part of the high growth gaming and online marketplace sectors, a sales channel that has grown more in the last 3 months than the last 10 years combined. This is a shift of over $2 trillion globally from traditional retail, dealer, and reseller channels.

We started Gameroo in 2019 and launched across multiple platforms in August 2020, with over 3,500 active app downloads, 600 registered customers and hundreds of items already listed.

The new capital will enable us to build on our active and engaged community of early adopters, using their feedback to develop the product, test, and drive customer acquisition.

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This pitch is approved by Crowdcube

This pitch is approved as a financial promotion by Crowdcube Capital Limited. Every pitch on Crowdcube is reviewed to ensure it is fair, clear and not misleading.

As part of our commitment to investor transparency, Crowdcube’s Due Diligence Charter outlines the analysis and verification that is conducted on equity fundraises on Crowdcube by our legal and compliance professionals.

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Gameroo has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.

Idea

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This pitch is approved by Crowdcube

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