About Udo Games
Udo Games is a company based in Cankaya (Turkey) founded in 2013 by Gokhan Gungor and Turker Karahan.. Udo Games has raised $420 thousand across 1 funding round from investors including WePlay Ventures and Lima Ventures. Udo Games offers products and services including Publishing Services and Hammer Hub. Udo Games operates in a competitive market with competitors including Kwalee, Bombay Play, Ducky, Brightika and Mint Games, among others.
- Headquarter Cankaya, Turkey
- Founders Gokhan Gungor, Turker Karahan
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$420 K (USD)
in 1 rounds
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Latest Funding Round
$420 K (USD), Seed
Jul 28, 2021
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Investors
WePlay Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Udo Games
Udo Games offers a comprehensive portfolio of products and services, including Publishing Services and Hammer Hub. 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.
Provides strategic support for developing and launching mobile games
Offers AI-driven tools for game monetization and optimization
Funding Insights of Udo Games
Udo Games has successfully raised a total of $420K through 1 strategic funding round. The most recent funding activity was a Seed round of $420 thousand completed in July 2021. 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 1
- Last Round Seed — $420,000
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First Round
First Round
(28 Jul 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - Udo Games | Valuation | WePlay Ventures , Lima Ventures |
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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 Udo Games
Udo Games has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include WePlay Ventures and Lima 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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A Gaming VC focused on early-stage studios is operated.
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Founded Year | Domain | Location | |
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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 Udo Games
| 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 - Udo Games
| 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 |
Udo Games Comparisons
Competitors of Udo Games
Udo Games 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 Kwalee, Bombay Play, Ducky, Brightika and Mint Games, 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 |
Develops and publishes engaging mobile games for global audiences.
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| domain | founded_year | HQ Location |
Hybrid casual mobile games are developed and published.
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| domain | founded_year | HQ Location |
Video games are published worldwide by Ducky.
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| domain | founded_year | HQ Location |
Casual and hyper-casual mobile games are published by Brightika.
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| domain | founded_year | HQ Location |
Publishes casual mobile games for entertainment enthusiasts.
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| domain | founded_year | HQ Location |
Development of Android apps, games, and utilities in the technology sector.
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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 Udo Games
When was Udo Games founded?
Udo Games was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Where is Udo Games located?
Udo Games is headquartered in Cankaya, Turkey. It is registered at Cankaya, Ankara, Turkey.
Is Udo Games a funded company?
Udo Games is a funded company, having raised a total of $420K across 1 funding round to date. The company's 1st funding round was a Seed of $420K, raised on Jul 28, 2021.
What does Udo Games do?
Udo Games was founded in 2013 in Cankaya, Turkey, as a publisher in the mobile gaming sector. Android-compatible titles such as Afacan, Incredible Toys, and zlax.io are included in its portfolio, with availability focused on Android platforms. Operations are led by co-founders Gokhan Gungor and Turker Karahan. The company maintains a presence in the mobile publishing industry without broader platform expansions noted.
Who are the top competitors of Udo Games?
Udo Games's top competitors include Bombay Play, Brightika and Ducky.
What products or services does Udo Games offer?
Udo Games offers Publishing Services and Hammer Hub.
Who are Udo Games's investors?
Udo Games has 2 investors. Key investors include WePlay Ventures, and Lima Ventures.
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