About Storms
Storms is a company based in Singapore (Singapore) founded in 2019 was acquired by iCandy in February 2022.. Storms offers products and services including Game Submission Service and Enquiry Management. Storms operates in a competitive market with competitors including DeNA, Antstream, Kunlun, Kuuhubb and Xtreme Slots, among others.
- Headquarter Singapore, Singapore
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Digital Games International Pte. Ltd.
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Annual Revenue
$3.02 M (USD)1201as on Dec 31, 2021
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Net Profit
$-7.77 M (USD)19as on Dec 31, 2021
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EBITDA
$-7.77 M (USD)19as on Dec 31, 2021
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Latest Funding Round
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Investors
SK Telecom
& 3 more
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Employee Count
Employee Count
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Acquired by
iCandy
(Feb 08, 2022)
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Products & Services of Storms
Storms offers a comprehensive portfolio of products and services, including Game Submission Service and Enquiry Management. 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.
Tool for submitting game titles and details for partnerships and reviews.
System for handling general, media, and bug report enquiries from developers.
Funding Insights of Storms
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series A - Storms | Valuation | SK Telecom , AIS |
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| 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 Storms
Storms has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include SK Telecom, Singtel and iCandy. 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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Provider of integrated telecommunication services
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Founded Year | Domain | Location | |
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AIS is engaged in mobile device retail and promotions.
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Founded Year | Domain | Location | |
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Integrated telecom and IPTV services are provided in Singapore.
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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 Storms
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Storms
| 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 |
Storms Comparisons
Competitors of Storms
Storms 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 DeNA, Antstream, Kunlun, Kuuhubb and Xtreme Slots, 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 social games and services are developed and operated globally.
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| domain | founded_year | HQ Location |
Mobile cloud gaming platform for streaming games without downloads.
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| domain | founded_year | HQ Location |
Online games are developed and distributed by Kunlun.
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| domain | founded_year | HQ Location |
Mobile games and apps distribution platform
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| domain | founded_year | HQ Location |
Mobile platform for casino slot games and bonuses is operated.
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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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Latest news on Storms
Frequently Asked Questions about Storms
When was Storms founded?
Storms was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Storms located?
Storms is headquartered in Singapore, Singapore.
What is the annual revenue of Storms?
Annual revenue of Storms is $3.02M as on Dec 31, 2021.
What does Storms do?
Storms was founded in 2019 in Singapore and operates within the mobile gaming sector. A cross-platform solution known as Instant Games is offered, allowing developers to build, monetize, and distribute titles. Additionally, a publishing platform is maintained where games can be submitted by users for broader distribution. Operations focus on facilitating access to mobile gaming content across devices.
What products or services does Storms offer?
Storms offers Game Submission Service and Enquiry Management.
Who are Storms's investors?
Storms has 4 investors. Key investors include SK Telecom, Singtel, iCandy, and AIS.
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