About Elk Studios
Elk Studios is a company based in Stockholm (Sweden) founded in 2012 was acquired by Scientific Games in December 2021.. Elk Studios has raised $3 million across 1 funding round from investors including Scientific Games and Transferator. Elk Studios offers products and services including ZapLab and X-iter™. Elk Studios operates in a competitive market with competitors including PlayStudios, Huuuge Games, Product Madness, Pokerface and SciPlay, among others.
- Headquarter Stockholm, Sweden
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Sectors
Media & EntertainmentConsumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Elk Studios Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Series A
Jul 10, 2015
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Investors
Scientific Games
& 1 more
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Employee Count
Employee Count
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Acquired by
Scientific Games
(Dec 01, 2021)
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Products & Services of Elk Studios
Elk Studios offers a comprehensive portfolio of products and services, including ZapLab and X-iter™. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
An online casino game offering interactive entertainment.
A tool for players to access predefined action modes quickly.
Unlock access to complete
Funding Insights of Elk Studios
Elk Studios has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.0M
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First Round
First Round
(10 Jul 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Series A - Elk Studios | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elk Studios
Elk Studios has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Scientific Games and Transferator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investment firm based out of Stockholm
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Founded Year | Domain | Location | |
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Gambling products and services are provided to global markets.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elk Studios
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Elk Studios
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elk Studios Comparisons
Competitors of Elk Studios
Elk Studios operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PlayStudios, Huuuge Games, Product Madness, Pokerface and SciPlay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Casino games are developed for mobile and web platforms.
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| domain | founded_year | HQ Location |
Mobile casino games with social features are developed for platforms.
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| domain | founded_year | HQ Location |
Casino games are developed for mobile and social platforms.
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| domain | founded_year | HQ Location |
Mobile casino games are developed and distributed on app stores.
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| domain | founded_year | HQ Location |
Casual mobile games are developed and published by SciPlay.
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| domain | founded_year | HQ Location |
Web-based social and casino games are developed by Playsino.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elk Studios
Frequently Asked Questions about Elk Studios
When was Elk Studios founded?
Elk Studios was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Elk Studios located?
Elk Studios is headquartered in Stockholm, Sweden.
Is Elk Studios a funded company?
Elk Studios is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Jul 10, 2015.
What does Elk Studios do?
Elk Studios was founded in 2012 and is headquartered in Stockholm, Sweden. Focus is placed on the development of casino-themed mobile games within the gaming industry. Operations include the creation of slot and interactive titles. As of June 2016, six mobile games were in development, with examples such as Bloopers, Electric Sam, and The Lab. The domain elk-studios.com is utilized for online presence.
Who are the top competitors of Elk Studios?
Elk Studios's top competitors include PlayStudios, Huuuge Games and SciPlay.
What products or services does Elk Studios offer?
Elk Studios offers ZapLab and X-iter™.
Who are Elk Studios's investors?
Elk Studios has 2 investors. Key investors include Scientific Games, and Transferator.