Elk Studios

Stockholm, Sweden Founded: 2012 • Age: 14 yrs Acquired By Scientific Games
Mobile casino games are developed for online platforms.
Request Access

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
  • Sectors
    Media & Entertainment
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Elk Studios Ab
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment
Consumer → Sports, Leisure & Outdoor
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3 M (USD), Series A

    Jul 10, 2015

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Scientific Games

    (Dec 01, 2021)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

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.

Primary

An online casino game offering interactive entertainment.

A tool for players to access predefined action modes quickly.

People of Elk Studios
Headcount 50-200
Employee Profiles 44
Employee Profiles
People
Martin Lerby
Chief Sales Officer
People
Jan Strandh
Game Development Manager
People
Isak N.
Back End Game Logic Developer
People
David Pixell Rubarth
Senior Game Artist

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 Rounds 1
  • Last Round Series A — $3.0M
  • 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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investment firm based out of Stockholm
Founded Year Domain Location
Gambling products and services are provided to global markets.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Elk Studios

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Elk Studios

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Elk Studios Comparisons

Employees
+
Add Comparison
Available on Premium

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.
domain founded_year HQ Location
Mobile casino games with social features are developed for platforms.
domain founded_year HQ Location
Casino games are developed for mobile and social platforms.
domain founded_year HQ Location
Mobile casino games are developed and distributed on app stores.
domain founded_year HQ Location
Casual mobile games are developed and published by SciPlay.
domain founded_year HQ Location
Web-based social and casino games are developed by Playsino.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available