About Relax Gaming
Relax Gaming is a company based in Tallinn (Estonia) founded in 2010 by Patrik Osteraker and Jani Tekoniemi was acquired by Kindred Group in July 2021.. Relax Gaming offers products and services including Relax Apex, Own Games, Dream Drop Jackpots, Poker, and Bingo. Relax Gaming operates in a competitive market with competitors including Betable, Spinomenal, SlotMatrix, Iforium and Right Casino Media, among others.
- Headquarter Tallinn, Estonia
- Founders Patrik Osteraker, Jani Tekoniemi
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Relax Tech Services Oü
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Kindred Group
(Jul 02, 2021)
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Products & Services of Relax Gaming
Relax Gaming offers a comprehensive portfolio of products and services, including Relax Apex, Own Games, Dream Drop Jackpots, Poker, and Bingo. 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.
Platform for integrating and delivering casino content worldwide
Development of original slots and casino games
Progressive jackpot features for casino slots
Online poker offerings for casino platforms
Bingo games for online entertainment
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Funding Insights of Relax Gaming
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2013 | Amount | Seed - Relax Gaming | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Relax Gaming
Relax Gaming has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include FDJ UNITED. 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.
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Betting and gaming services are provided through a broad portfolio.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Relax Gaming
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Relax Gaming
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Relax Gaming Comparisons
Competitors of Relax Gaming
Relax Gaming 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 Betable, Spinomenal, SlotMatrix, Iforium and Right Casino Media, 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 |
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| domain | founded_year | HQ Location |
Tools for real money gaming markets are developed by Betable.
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Slot and casino games are developed for i-gaming platforms.
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Functions as an online aggregator and provider of casino slot gaming content.
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Provides a comprehensive casino aggregation platform for operators.
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Casino finding and comparing platform
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Relax Gaming
Frequently Asked Questions about Relax Gaming
When was Relax Gaming founded?
Relax Gaming was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is Relax Gaming located?
Relax Gaming is headquartered in Tallinn, Estonia.
What does Relax Gaming do?
Relax Gaming was founded in 2010 in Tallinn, Estonia, as a provider in the online gaming sector. A platform for aggregating games is offered to casino operators, including poker, bingo, and various casino titles. Additional services such as online game development, market acceleration tools, full-service solutions, and technical integrations are supplied to support operator growth and operations across regulated markets.
Who are the top competitors of Relax Gaming?
Relax Gaming's top competitors include Spinomenal, Betable and Right Casino Media.
What products or services does Relax Gaming offer?
Relax Gaming offers Relax Apex, Own Games, Dream Drop Jackpots, Poker, and Bingo.
Who are Relax Gaming's investors?
Relax Gaming has 1 investor. Key investors include FDJ UNITED.
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