Ethlas

Singapore, Singapore Founded: 2022 • Age: 4 yrs
NFT-based trading platform for digital games

About Ethlas

Ethlas is a Media & Entertainment company based in Singapore (Singapore) founded in 2022 by Elston Sam. It operates as a NFT-based trading platform for digital games. It operates in the Media & Entertainment and Financial Services sectors. Ethlas has raised $8.7 million across 2 funding rounds from investors including Yield Guild, Peak XV Partners and DRAGONFLY. Ethlas offers products and services including Gambit, Failsafe, and Pok Pok. Its focus areas include FinTech, Non Fungible Tokens, Games and Blockchain Technology. Its legal entity is PROFILEPRINT PTE. LTD. Its competitors include Jambo, Mode Mobile, Nestcoin, Polystream and ENJINSTARTER and 3 more; 8 of its 8 listed competitors have raised funding.

Company details

Ethlas was founded in 2022 in Singapore as an NFT-based trading platform focused on digital games. Operations include buying, selling, playing, and exchanging NFTs, along with participation in game tournaments and strategy battles. Users are enabled to purchase virtual land, construct properties, host in-game social events, or visit others lands. The platform serves the blockchain gaming sector from its base in Singapore.

  • Headquarters Singapore, Singapore
  • Founders Elston Sam
  • Sectors
    Media & Entertainment
    Financial Services
  • Website ethlas.com
  • Social LinkedIn X
  • Legal Name Profileprint Pte. Ltd.
Key Metrics
  • Annual Revenue
    $942.75 K (USD)
    92
    as on Dec 31, 2023
  • Net Profit
    -$2.91 M (USD)
    -65
    as on Dec 31, 2023
  • EBITDA
    -$2.9 M (USD)
    -65
    as on Dec 31, 2023
  • Total Equity Funding
    $8.7M (USD)

    in 2 rounds

  • Latest Funding Round
    $6M (USD), Seed

    May 2022

  • Investors
    Yield Guild

    & 10 more

Products & Services of Ethlas

Ethlas offers a comprehensive portfolio of products and services, including Gambit, Failsafe, and Pok Pok.

Gambit
Esports Platform

Platform for trading gamers and earning rewards in decentralized finance.

Failsafe
Security Protocol

Blockchain security solution to protect Web3 infrastructure and protocols.

Pok Pok
Financial Literacy Platform

Tool for enhancing financial education in blockchain and investment contexts.

Funding Insights of Ethlas

Ethlas has successfully raised a total of $8.7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in May 2022. 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 $8.7M
  • Total Rounds 2
  • Last Round Seed β€” $6M
  • First Round $2.7M

    (Feb 2022)

  • Investors Count 11

All 2 funding rounds of Ethlas with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2022$6MSeed–DRAGONFLY, Makers Fund
–
Feb 2022$2.7MSeed–Hustle Fund, Venturra Capital
Valuation history

11 investors in total: 11 institutional.

Investors in Ethlas

Ethlas has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Yield Guild, Peak XV Partners and DRAGONFLY.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital and equity principal services are provided by Dragonfly.
2018dragonfly.xyzOakland, United States
Venture capital funding for games and interactive entertainment.
–makersfund.com-
Seed-stage startups are funded by this venture capital firm.
–hustlefund.vcSan Carlos, United States
Early-stage tech-focused venture capital firm investing primarily in Southeast Asia
–venturra.comJakarta, Indonesia
Venture capital fund focused on blockchain startups
–gbic.ioNew York, United States
Venture capital firm investing in startups and providing support programs.
2000peakxv.comBengaluru, India
Play-to-earn gaming guilds are facilitated for blockchain-based NFT games.
2020yieldguild.ioZug, Switzerland
Management tools for play-to-earn communities are provided.
2018blockchainspace.asiaMakati, Philippines
Community lender focused on Maine and Northern New England.
1991genesisfund.orgBrunswick, United States
Provider a gaming platform for players to earn rewards
2021pifnation.comSingapore, Singapore
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Investor details for Ethlas

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Ethlas

1 people are tracked at Ethlas (1 in leadership).

NameRoleGroup
Elston Sam
Co-FounderLeadership
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Timeline of Ethlas

3 dated milestones of Ethlas, from founding to its latest funding, stage changes and deals.

  1. Founded Ethlas is founded.
  2. Funding First funding round of $2.7M.
  3. Funding Latest funding round, Seed, of $6.0M.

Competitors of Ethlas

Ethlas has 8 listed competitors in our database, 8 of them funded. They include Jambo, Mode Mobile, Nestcoin, Polystream and ENJINSTARTER, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jambo.technology2022Cape Town, South Africa$37.5M–
Web3 mobile infrastructure solutions are developed for a super app.
modemobile.com2017Chicago, United States$4.29M49
Reward-based game NFTs are provided on a Web3 platform.
nestcoin.com2021Nigeria$8.35M–
Platform that builds, operates, and invests in crypto-native products
polystream.com2015Guildford, United Kingdom$13.65M16
Application and 3D game streaming platform is provided using ADN.
enjinstarter.com2021Singapore$8M–
Digital game assets are traded through an NFT-based platform.
skyplay.io2022Singapore$10M–
An online marketplace for play-to-earn NFT gaming is operated.
avocadodao.io2021Sydney, Australia$18M–
Digital games are traded using NFTs on a blockchain platform.
iskra.world2021Singapore$74.5M–
NFT-based trading of digital game assets is enabled.
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Detailed competitors of Ethlas

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Ethlas

The website of Ethlas (ethlas.com) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▲ 188.3% vs previous month

Top companies in MMORPG & Online Gaming

10 companies that operate in the same segment as Ethlas (MMORPG & Online Gaming), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Casual games developer and publisher for mobile and web platforms
2007San Francisco, California, United StatesUSD 525.6 MUSD 49.68 M2,916
Developer of mobile-based casual video games
2017London, England, United KingdomUSD 202 MUSD 364.91 M609
Operator of a platform providing skill-based games and interactive entertainment
2018Delhi, Delhi, IndiaUSD 92 MUSD 83.05 M1
Provider of cross-platform game engine technology
1991Cary, North Carolina, United StatesUSD 8.13 B–11,961
Mobile games are developed and published by Jam City.
2007Culver City, California, United StatesUSD 499.49 M––
Operator of a multifaceted platform for sports content and experiences
2008Mumbai, Maharashtra, IndiaUSD 942.17 MUSD 509.95 K1,310
Mobile social games and services are developed and operated globally.
1999Shibuya, Tokyo, Japan–USD 926.03 M2,570
Skill-based online games are provided through a technology-driven platform.
2006Mumbai, Maharashtra, IndiaUSD 98.07 MUSD 264.51 M777
Diversified gaming and sports media platforms are operated and developed.
1999Mumbai, Maharashtra, IndiaUSD 127.93 MUSD 194.94 M63
Casino games are developed for mobile and web platforms.
2011Burlingame, California, United StatesUSD 36.17 MUSD 235.1 M568
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Related news about Ethlas

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Frequently Asked Questions about Ethlas

Ethlas was founded in 2022.

Ethlas is headquartered in Singapore, Singapore.

Ethlas is a funded company, having raised a total of $8.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.7M, raised on Feb 2022.

Annual revenue of Ethlas is $942.75K as on Dec 31, 2023.

Ethlas was founded in 2022 in Singapore as an NFT-based trading platform focused on digital games. Operations include buying, selling, playing, and exchanging NFTs, along with participation in game tournaments and strategy battles. Users are enabled to purchase virtual land, construct properties, host in-game social events, or visit others lands. The platform serves the blockchain gaming sector from its base in Singapore.

Ethlas's top competitors include Nestcoin, Jambo and Mode Mobile.

Ethlas offers Gambit, Failsafe, and Pok Pok.

Ethlas has 11 investors. Key investors include Yield Guild, Peak XV Partners, DRAGONFLY, Blockchainspace, and PIF Nation.

Ethlas operates through Profileprint Pte. Ltd..

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