About Joyride Games
Joyride Games is a company based in Palo Alto (United States) founded in 2016. It operates as a Blockchain-as-a-Service, and Freemium. Joyride Games has raised $14 million across 1 funding round from investors including KuCoin, Animoca Brands and Dapper Labs. The company has 60 employees as of April 08, 2024. Joyride Games offers products and services including Solitaire Blitz, Joyride Wallet, and Web3 Game Publishing Platform. Joyride Games operates in a competitive market with competitors including MPL, Skillz, Zupee, Blast and Baazi Games, among others.
- Headquarter Palo Alto, United States
- Employees 60 as on 08 Apr, 2024
-
Sectors
Media & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Joyride Games Private Limited
- Date of Incorporation 29 Aug, 2020
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$2.25 M (USD)705.16as on Mar 31, 2022
-
Net Profit
$107.2 K (USD)673.01as on Mar 31, 2022
-
EBITDA
$209.68 K (USD)991.95as on Mar 31, 2022
-
Total Equity Funding
$14 M (USD)
in 1 rounds
-
Latest Funding Round
$14 M (USD), Seed
Mar 18, 2022
-
Investors
KuCoin
& 8 more
-
Employee Count
60
as on Apr 08, 2024
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.
- 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 Joyride Games
Joyride Games offers a comprehensive portfolio of products and services, including Solitaire Blitz, Joyride Wallet, and Web3 Game Publishing Platform. 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.
A fast-growing Web3 mobile game by Joyride Games.
A wallet for blockchain transactions in games offered.
Platform for publishing Web3 games on Flow blockchain.
Unlock access to complete
Unlock access to complete
Funding Insights of Joyride Games
Joyride Games has successfully raised a total of $14M through 1 strategic funding round. The most recent funding activity was a Seed round of $14 million completed in March 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 Total Funding
- Total Rounds 1
- Last Round Seed — $14.0M
-
First Round
First Round
(18 Mar 2022)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - Joyride Games | Valuation | Coinbase-ventures.com , Animoca Brands |
|
| 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 Joyride Games
Joyride Games has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include KuCoin, Animoca Brands and Dapper Labs. 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 |
|---|---|---|---|---|
|
Solana Ventures is focused on investing in Solana-based companies.
|
Founded Year | Domain | Location | |
|
Venture capital investments in gaming, Web3, and AI technologies.
|
Founded Year | Domain | Location | |
|
Mirana Ventures is focused on blockchain and Web3 investments.
|
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 Joyride Games
| 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 - Joyride Games
| 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 |
Joyride Games Comparisons
Competitors of Joyride Games
Joyride Games 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 MPL, Skillz, Zupee, Blast and Baazi Games, 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 |
Real money skill-based gaming is facilitated through an online platform.
|
|
| domain | founded_year | HQ Location |
A platform is operated for competitive mobile gaming and development.
|
|
| domain | founded_year | HQ Location |
Operator of an online platform providing free-to-play digital versions of games
|
|
| domain | founded_year | HQ Location |
Gamification company
|
|
| domain | founded_year | HQ Location |
Provider of online platforms for poker, sports gaming, and card games
|
|
| domain | founded_year | HQ Location |
Real money esports tournaments are enabled across various gaming devices.
|
| 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 Joyride Games
Frequently Asked Questions about Joyride Games
When was Joyride Games founded?
Joyride Games was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is Joyride Games located?
Joyride Games is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Joyride Games a funded company?
Joyride Games is a funded company, having raised a total of $14M across 1 funding round to date. The company's 1st funding round was a Seed of $14M, raised on Mar 18, 2022.
How many employees does Joyride Games have?
As of Apr 08, 2024, the latest employee count at Joyride Games is 60.
What is the annual revenue of Joyride Games?
Annual revenue of Joyride Games is $2.25M as on Mar 31, 2022.
What does Joyride Games do?
Multimedia franchises centered on mobile games are developed by Joyride Games. The company focuses on leveraging new technologies like blockchain to create distinctive user experiences. Solutions are provided for players to own, trade, and interact with digital characters and items in-game. The gaming sector is primarily targeted, with an emphasis on mobile and Web3 platforms. Innovative tools such as the Joyride Wallet are offered to enhance player engagement. A fun and engaging experience is aimed to be delivered to millions of users worldwide.
Who are the top competitors of Joyride Games?
What products or services does Joyride Games offer?
Joyride Games offers Solitaire Blitz, Joyride Wallet, and Web3 Game Publishing Platform.
Who are Joyride Games's investors?
Joyride Games has 9 investors. Key investors include KuCoin, Animoca Brands, Dapper Labs, Modern Times Group, and Superlayer.