PopReach

Toronto, Canada Founded: 2015 • Age: 11 yrs Listed Acquired By Phoenix Games
Casual mobile games are published and developed for multiple platforms.

About PopReach

PopReach is a Media & Entertainment company based in Toronto (Canada) founded in 2015 by Christopher Locke, and was acquired by Phoenix Games in April 2024. Casual mobile games are published and developed for multiple platforms. The company has 103 employees. PopReach has completed 2 acquisitions, including OpenMoves and Peak. Its chief executive, as recorded, is Jon Walsh. Its Indian entity Garden City Games India Private Limited reported revenue of β‚Ή19.66 Cr. Its focus areas include Mobile, Mobile Gaming, Game Publishers and Gaming.

Company details

PopReach was founded in 2015 in Toronto, Canada, as a mobile game publisher and developer. Focus is placed on casual genres including arcade, adventure, action, and simulation. Games such as Bakery Blitz, Brightwood Adventures, and Kitchen Scramble are offered on Android, iOS, Amazon, and Facebook platforms. Revenue is generated primarily through in-app purchases.

  • Headquarters Toronto, Canada
  • Employees 103
  • Founders Christopher Locke
  • Stage Acquired
  • Sectors
    Media & Entertainment
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website popreach.com
  • Social LinkedIn
  • Acquired by Phoenix Games (Apr 2024)
  • Legal Name Garden City Games India Private Limited
  • Date of Incorporation 30 Mar, 2019
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹19.66 Cr

    FY 2024 · +6% YoY

  • Indian entity net profit
    ₹2.13 Cr

    FY 2024 · 11% margin

  • Indian entity EBITDA
    ₹3.30 Cr

    FY 2024 · 17% margin

  • Latest Funding Round
    $1.1M (USD), Post-IPO

    Nov 2024

  • Investors
  • Employee Count
    103
  • Investments & Acquisitions
    OpenMoves

    & 1 more

  • Acquired by
    Phoenix Games

    (Apr 2024)

Funding Insights of PopReach

  • Total Rounds 3
  • Last Round Post-IPO β€” $1.1M
  • First Round $5M

    (Oct 2020)

All 3 funding rounds of PopReach with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2024$1.1MPost-IPO––
–
Dec 2023$127,522Post-IPO––
–
Oct 2020$5MPost-IPO––
–
Valuation history

1 investors in total: 1 institutional.

Investors in PopReach

PopReach has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Phoenix Games.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Mid-core mobile games are developed by the independent studio.
2019phoenixgames.comKarlsruhe, Germany
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Investor details for PopReach

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Board of directors of Garden City Games India Private Limited (PopReach)

Garden City Games India Private Limited is the primary company behind PopReach. The board of Garden City Games India Private Limited currently have 3 directors; the longest-serving is Satisha Srinivasa, appointed in 2024. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Satisha Srinivasa
DIN 10077505
Director26 Apr 20242 yrs 5 moGarden City Games India Private Limited
Navaneetha Shubhakara
DIN 10094484
Director26 Apr 20242 yrs 5 moGarden City Games India Private Limited
Todd Michael English
DIN 11319389
Additional Director27 Sep 20251 yrGarden City Games India Private Limited

People of PopReach

2 people are tracked at PopReach (2 in leadership); the tracked headcount is 103.

NameRoleGroup
FounderLeadership
Jon Walsh
CEOLeadership
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Financials of PopReach

Figures of Garden City Games India Private Limited, the primary company behind PopReach, for FY 2024. Revenue was ₹19.66 Cr (+6% year on year). Net profit was ₹2.13 Cr (11% margin). EBITDA was ₹3.30 Cr (17% margin). Revenue has grown at a compounded annual rate of -7% over three years.

  • ₹19.66 CrRevenue · FY 2024 · +6% YoY
  • ₹2.13 CrNet profit · 11% margin
  • ₹3.30 CrEBITDA · 17% margin
  • ₹62 LakhPaid-up capital
  • 103Employees (provident fund records)
  • -7%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Garden City Games India Private Limited are on its company page.

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Detailed financial statements for PopReach

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Investments & Acquisitions by PopReach

PopReach has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include OpenMoves and Peak.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
An email marketing platform for enterprises is offered by OpenMoves.
openmoves.comHuntington, United States2000Apr 2023β€’β€’β€’β€’
Peak is recognized for developing brain training mobile applications.
peak.netLondon, United Kingdom2012Mar 2021$5M
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Complete acquisition details for PopReach

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  • Exports

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Timeline of PopReach

7 dated milestones of PopReach across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded PopReach is founded.
  2. Funding First funding round of $5.0M.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires Peak.
  5. Acquisition Acquires OpenMoves.
  6. Exit Acquired by Phoenix Games.
  7. Funding Latest funding round, Post-IPO, of $1.1M.
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Related news about Popreach

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Frequently Asked Questions about PopReach

PopReach was founded in 2015 and raised its 1st funding round 5 years after it was founded.

PopReach is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Jon Walsh is the CEO of PopReach, as recorded in our data.

PopReach has 103 employees.

The primary company behind PopReach, Garden City Games India Private Limited, reported revenue of β‚Ή19.66 Cr for FY 2024, up 6% year on year.

PopReach was founded in 2015 in Toronto, Canada, as a mobile game publisher and developer. Focus is placed on casual genres including arcade, adventure, action, and simulation. Games such as Bakery Blitz, Brightwood Adventures, and Kitchen Scramble are offered on Android, iOS, Amazon, and Facebook platforms. Revenue is generated primarily through in-app purchases.

PopReach has made 2 acquisitions, including OpenMoves, and Peak.

PopReach has 1 investor. Key investors include Phoenix Games.

PopReach operates through Garden City Games India Private Limited.

Yes. PopReach was acquired by Phoenix Games in April 2024.

The legal entities of PopReach currently have 3 directors, including Satisha Srinivasa, Navaneetha Shubhakara, Todd Michael English.

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