About Reworks
Reworks is a company based in Helsinki (Finland) founded in 2018 was acquired by Slotomania in September 2021.. Reworks has raised $5.84 million across 2 funding rounds from investors including Business Finland, Play Ventures and EQT Ventures. Reworks operates in a competitive market with competitors including Zynga, Scopely, Tripledot, Jam City and Rovio, among others.
- Headquarter Helsinki, Finland
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Sectors
Media & EntertainmentConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.84 M (USD)
in 2 rounds
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Latest Funding Round
$4.34 M (USD), Series A
Apr 23, 2020
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Investors
Business Finland
& 5 more
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Employee Count
Employee Count
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Acquired by
Slotomania
(Sep 01, 2021)
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Funding Insights of Reworks
Reworks has successfully raised a total of $5.84M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.34 million completed in April 2020. 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 2
- Last Round Series A — $4.3M
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First Round
First Round
(07 Mar 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series A - Reworks | Valuation | EQT Ventures | |
| Mar, 2019 | Amount | Seed - Reworks | Valuation | Play Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Reworks
Reworks has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Business Finland, Play Ventures and EQT Ventures. 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 |
|---|---|---|---|---|
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Early stage investments in gaming and consumer apps are made by Play Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Innovation, internationalization, and investment support for businesses is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Reworks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Reworks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reworks Comparisons
Competitors of Reworks
Reworks 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 Zynga, Scopely, Tripledot, Jam City and Rovio, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Casual games developer and publisher for mobile and web platforms
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| domain | founded_year | HQ Location |
Casual mobile games are developed, published, and operated across platforms.
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| domain | founded_year | HQ Location |
Developer of mobile-based casual video games
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| domain | founded_year | HQ Location |
Mobile games are developed and published by Jam City.
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| domain | founded_year | HQ Location |
Mobile game developer specializing in casual games
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| domain | founded_year | HQ Location |
King is recognized as a leading interactive entertainment company focused on mobile gaming.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Reworks
When was Reworks founded?
Reworks was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Reworks located?
Reworks is headquartered in Helsinki, Finland.
Is Reworks a funded company?
Reworks is a funded company, having raised a total of $5.84M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 07, 2019.
What does Reworks do?
Game development studio for home decoration and customization games. The platform publishes mobile apps that provide lifestyle content and social gaming, such as the interior home design with social gaming, etc. It also has various patterns and colors, enabling users to play design challenges and connect with other interior designers.
Who are the top competitors of Reworks?
Who are Reworks's investors?
Reworks has 6 investors. Key investors include Business Finland, Play Ventures, EQT Ventures, Anton Gauffin, and Slotomania.
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