Kongregate

San Francisco, United States Founded: 2006 • Age: 20 yrs Acquired By Monumental
Video games are published via a web-based gaming platform.
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About Kongregate

Kongregate is a company based in San Francisco (United States) founded in 2006 was acquired by Monumental in February 2024.. Kongregate has raised $9 million across 3 funding rounds from investors including GameStop, Modern Times Group and Bezos Expeditions. Kongregate has completed 5 acquisitions, including Bit Heroes, Gamaga and Surviv.io. Kongregate offers products and services including Gaming Platform, Achievements System, and Game Library. Kongregate operates in a competitive market with competitors including Carry1st, Tilting Point, iDreamSky, Supersonic and Tamatem, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Kongregate, Inc.
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment
Media & Entertainment → Gaming & Interactive Entertainment
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $9 M (USD)

    in 3 rounds

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

    Apr 01, 2008

  • Investors
    GameStop

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Bit Heroes

    & 4 more

  • Acquired by
    Monumental

    & 2 more

    (Feb 08, 2024)

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Products & Services of Kongregate

Kongregate offers a comprehensive portfolio of products and services, including Gaming Platform, Achievements System, and Game Library. 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

Provides access to free games and community features for users.

System for earning badges and tracking progress in games.

Collection of games across genres for browsing and play.

People of Kongregate
Headcount 50-200
Employee Profiles 8
Employee Profiles
People
Jeremy Brown
Senior Director Of Engineering
People
Sean Fahar
Financial Planning And Accounting Analyst
People
Jorge G. Ezquerra
Vice President Of Product Management
People
James De Jesus, SPHR, SCP
Vice President, Human Resources

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Funding Insights of Kongregate

Kongregate has successfully raised a total of $9M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in April 2008. 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 3
  • Last Round Series B — $3.0M
  • First Round

    (22 Mar 2007)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2008 Amount Series B - Kongregate Valuation

investors

Aug, 2007 Amount Series B - Kongregate Valuation

investors

Mar, 2007 Amount Angel Round - Kongregate 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 Kongregate

Kongregate has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include GameStop, Modern Times Group and Bezos Expeditions. 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
Institutional
Investor Description Founded Year Domain Location
Investment management and philanthropic ventures linked to Bezos Expeditions.
Founded Year Domain Location
Venture capital firm specializing in early-stage tech investments and founder support.
Founded Year Domain Location
AI technologies are invested in and developed for societal benefit.
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 Kongregate

Kongregate has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Bit Heroes, Gamaga and Surviv.io. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Battle royale gameplay is hosted on the official Surviv.io platform.
2017
Official website of bit heroes game
2016
Mobile game development studio
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Kongregate

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

Kongregate Comparisons

Employees
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Competitors of Kongregate

Kongregate 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 Carry1st, Tilting Point, iDreamSky, Supersonic and Tamatem, 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
Mobile games are published and developed by Carry1st.
domain founded_year HQ Location
Mobile games are published and supported by Tilting Point.
domain founded_year HQ Location
Mobile games are developed and published by iDreamSky.
domain founded_year HQ Location
Game publishing solutions are provided by Supersonic for developers.
domain founded_year HQ Location
Multi-genre mobile games are published for the Arabic market.
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 Kongregate

Frequently Asked Questions about Kongregate

When was Kongregate founded?

Kongregate was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Where is Kongregate located?

Kongregate is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is Kongregate a funded company?

Kongregate is a funded company, having raised a total of $9M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $1M, raised on Mar 22, 2007.

What does Kongregate do?

Kongregate was founded in 2006 in San Francisco, United States, within the video game publishing and digital entertainment sector. A platform for mobile and desktop games, including flash-powered applications, is operated as an app store. Casual gaming is facilitated through a social environment where rankings and awards are earned by users. Developers are enabled to upload games and participate in revenue sharing from surrounding advertisements.

Who are the top competitors of Kongregate?

Kongregate's top competitors include Carry1st, Tilting Point and Supersonic.

What products or services does Kongregate offer?

Kongregate offers Gaming Platform, Achievements System, and Game Library.

How many acquisitions has Kongregate made?

Kongregate has made 5 acquisitions, including Bit Heroes, Gamaga, and Surviv.io.

Who are Kongregate's investors?

Kongregate has 6 investors. Key investors include GameStop, Modern Times Group, Bezos Expeditions, Greylock Partners, and Reid Hoffman.

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