About Funizen
Funizen is a company based in Bengaluru (India) founded in 2008 by Boo Kyoung Yun. Funizen has raised $3.86 million across 3 funding rounds from investors including Pine Tree Capital Markets, Altos Ventures Management and BonAngels Venture Partners. The company has 2 employees as of April 06, 2024. Funizen operates in a competitive market with competitors including AirConsole, Miniclip, Gamezop, N-Dream AG and Arkadium, among others.
- Headquarter Bengaluru, India
- Employees 2 as on 06 Apr, 2024
- Founders Boo Kyoung Yun
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Funizen Solutions Private Limited
- Date of Incorporation 12 Sep, 2008
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.86 M (USD)
in 3 rounds
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Latest Funding Round
$1.13 M (USD), Series A
May 22, 2017
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Investors
Pine Tree Capital Markets
& 4 more
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Employee Count
2
as on Apr 06, 2024
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People of Funizen
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Software Development Team
1 people
Leadership Team
1 people
Sales and Marketing
1 people
Project Team
1 people
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Funding Insights of Funizen
Funizen has successfully raised a total of $3.86M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.13 million completed in May 2017. 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.
Investors in Funizen
Funizen has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Pine Tree Capital Markets, Altos Ventures Management and BonAngels Venture Partners.
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Investments are made by BonAngels in early-stage Asian tech companies.
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Financial services encompassing payments, investments, and advisory in Mumbai.
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Investor details for Funizen
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Investments & Acquisitions by Funizen
Investment portfolio details for Funizen
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Financial Statements - Funizen
Detailed financials for Funizen
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Funizen Comparisons
Peer comparison for Funizen
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Competitors of Funizen
Funizen 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 AirConsole, Miniclip, Gamezop, N-Dream AG and Arkadium, among others.
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Smartphones are used as joysticks for browser-based multiplayer gaming.
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Video game developer and publisher focusing on web and mobile games
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Instant-play games across multiple categories are offered without downloads.
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N-Dream AG
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Online gaming platform with various category-based games is operated.
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A digital distribution platform for video games is operated.
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Detailed competitors of Funizen
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Latest news on Funizen
Complete news archive for Funizen
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Frequently Asked Questions about Funizen
Funizen was founded in 2008 and raised its 1st funding round 5 years after it was founded.
Funizen is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Funizen is a funded company, having raised a total of $3.86M across 3 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Funizen is 2.
Funizen was established in 2008 and is headquartered in Chennai, India, with operations also noted in Bengaluru. The Gamemela platform is maintained for facilitating online purchases of ePins related to gaming. Furthermore, the multiplayer role-playing game Elsword, developed by South Korean studio KOG, was introduced to the Indian market by the company. Focus remains on digital gaming distribution and services within the Indian sector.
Funizen's top competitors include AirConsole, Miniclip and Gamezop.
Funizen has 5 investors. Key investors include Pine Tree Capital Markets, Altos Ventures Management, BonAngels Venture Partners, Sun Hee Byun, and Kim Se Mi.
The valuation of Funizen is $7.58M as of May 2017.