PlayRaven

Helsinki, Finland Founded: 2013 • Age: 13 yrs Acquired By Rovio
Mobile strategy games are developed by PlayRaven in Finland.

About PlayRaven

PlayRaven is a Media & Entertainment company based in Helsinki (Finland) founded in 2013, and was acquired by Rovio in November 2018. Mobile strategy games are developed by PlayRaven in Finland. PlayRaven has raised $6.4 million across 2 funding rounds from investors including Rovio, Northzone and LVP. The company was acqui-hired. Its focus areas include Mobile, Mobile Gaming, Game Developers and Mid-Core. Its competitors include Futureplay Games and Supercell; 2 of its 2 listed competitors have raised funding.

Company details

PlayRaven was founded in 2013 in Helsinki, Finland, as a mobile games developer specializing in strategy titles. Operations center on freemium models, with Spymaster released in September 2014 as a World War II-themed game. Robocide, a micro real-time strategy game, followed in November 2015. Funding rounds occurred in January and December 2014, supported by investors including Jari Ovaskainen, an early backer of Supercell.

Key Metrics
  • Total Equity Funding
    $6.4M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.1M (USD), Series A

    Dec 2014

  • Investors
    Rovio

    & 3 more

  • Acquired by
    Rovio

    (Nov 2018)

Funding Insights of PlayRaven

PlayRaven has successfully raised a total of $6.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.1 million completed in December 2014. 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 $6.4M
  • Total Rounds 2
  • Last Round Series A β€” $4.1M
  • First Round $2.3M

    (Jan 2014)

  • Investors Count 3

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2014$4.1MSeries A––
Jan 2014$2.3MSeed––
Valuation history

4 investors in total: 4 institutional.

Investors in PlayRaven

PlayRaven has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Rovio, Northzone and LVP.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early-stage startups are funded by Northzone venture capital.
northzone.comLondon, United Kingdom
Gaming-focused venture capital investments are made by LVP.
londonvp.comLondon, United Kingdom
Venture capital investments and support services are offered to early-stage tech startups.
creandum.com
Mobile game developer specializing in casual games
2003rovio.comEspoo, Finland
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Investor details for PlayRaven

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

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Verified entity values are shown only after access is granted.

Timeline of PlayRaven

4 dated milestones of PlayRaven across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded PlayRaven is founded.
  2. Funding First funding round of $2.3M.
  3. Funding Latest funding round, Series A, of $4.1M.
  4. Exit Acquired by Rovio.

Competitors of PlayRaven

PlayRaven has 2 listed competitors in our database, 2 of them funded. They include Futureplay Games and Supercell.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
futureplaygames.com2015Helsinki, Finland$2.93M
Casual mobile games are developed with ad-based monetization models.
supercell.com2010Helsinki, Finland$143.05M
Mid-core mobile games are developed for iOS and Android platforms.
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Detailed competitors of PlayRaven

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

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of PlayRaven

Websites that share an audience with PlayRaven (playraven.com).

Similar websites

Websites whose visitors overlap most with PlayRaven. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
filmeshunter.com
filmeshunter.com
100%
–
youtube.com
100%
30.4B#2View details
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Related news about Playraven

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Frequently Asked Questions about PlayRaven

PlayRaven was founded in 2013 and raised its 1st funding round 1 year after it was founded.

PlayRaven is headquartered in Helsinki, Finland.

PlayRaven is a funded company, having raised a total of $6.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Jan 2014.

PlayRaven was founded in 2013 in Helsinki, Finland, as a mobile games developer specializing in strategy titles. Operations center on freemium models, with Spymaster released in September 2014 as a World War II-themed game. Robocide, a micro real-time strategy game, followed in November 2015. Funding rounds occurred in January and December 2014, supported by investors including Jari Ovaskainen, an early backer of Supercell.

PlayRaven's top competitors include Supercell and Futureplay Games.

PlayRaven has 4 investors. Key investors include Rovio, Northzone, LVP, and Creandum.

Yes. PlayRaven was acquired by Rovio in November 2018.

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