Homa raises $100 million to supercharge game developers’ fortunes

Published:12 Oct 2022Author:HomaRead Time:4 min read
  • Series B is co-led by Quadrille Capital and Headline, with the participation of Northzone, the leading crypto fund Fabric Ventures, Bpifrance (Large Venture), Eurazeo and Singular.

  • Homa offers a full stack of developer tools, data insights, and revenue generation to allow creators to play on the same level playing field as global game studios.

  • Since our inception four years ago, we have raised a total of $165M and employed 160+ people from 34 nationalities. Games powered by Homa have been installed over 1B times, with downloads growing by more than 100% in less than a year.

Founded in 2018 by Daniel Nathan and Olivier Le Bas, Homa develops technologies to empower game developers across the world, increasing efficiency through every step of the app production and publishing cycle. These technologies allow developers to dramatically increase their execution speed - most games are developed in only a few weeks as opposed to months before- and maximize their chance of success.

Homa Lab makes this speed possible, thanks to our tech platform that delivers market insights, ideas, analytics, and A/B testing capabilities to studios. Creators can start using Homa Lab and go from building their first prototype to monetizing and optimizing the growth of their first hit, all within the same platform.

One year after the $65M Series A round, we secured a $100 million Series B round co-led by Quadrille Capital and Headline with the participation of Northzone, the leading web3 investor Fabric Ventures, Bpifrance (Large Venture), Eurazeo and Singular.

The new fundraising round will support Homa in scaling the business through investments in tech and data products, tapping into a global talent pool, executing on new partnerships, and doing strategic acquisitions. Homa Lab will be a key area of investment, with significant releases expected to add further value to the creators’ toolkit in the coming months.

Brice Delome from Quadrille Capital adds: Homa’s all-in-one platform empowers independent developers globally to reach the production and marketing capabilities of large studios. We were impressed by the team assembled by Daniel and Olivier, demonstrating a rare combination of vision, flawless execution and relentless work ethic. We are enthusiastic about supporting Homa's journey to democratize and reinvent mobile gaming.”

“Homa is building the go-to platform for game creativity. Creators can focus on letting their imagination go and creating their dream game. Homa makes sure they can compete with the big and well-funded studios with equal means. Not only have Daniel, Olivier, and the team built super strong tools to ideate, publish, acquire users and monetize better and faster. They also understand the data and science behind trends and help others benefit from them. When Homa grows, a thousand others around the world grow with it." says Jonathan Userovici, Partner at Headline.

Since 2018, Homa has published more than 80 games downloaded by over 1 billion people, across hypercasual, arcade idle, casual, and board genre categories, and continues to develop its footprint in the constantly evolving mobile gaming environment. Among these games, Merge Master was launched by Homa in January 2022 and quickly became the most downloaded mobile game in the world.

We have started a collaboration with web3 gaming giant Sorare this year and are investing to build new experiences in the web3 space, which enables virtual worlds and economies to be owned and controlled by their creators, contributors and participants - in essence completely rethinking how creators can bring value to game players. Homa aims to build a universe of interconnected games and to give the community ownership of our favorite Homa characters, such as Valentine from SkyRoller which has already grown a community of 255k people on TikTok.

The Homa engine has enabled developers and studios to produce hit games with a data-driven toolbox focused on optimizing core game loops and monetization. Having worked with the likes of Sorare, Decentraland and Axie Infinity, we are convinced that introducing digital assets into mobile games is the next major evolution that will create entire virtual economies and bring the first billion users to Web3”, explains Max Mersch from Fabric Ventures.

Since raising a $65M Series A round in 2021, we have been able to reinforce our teams with more than 160 people from 34 nationalities, develop world-class data technologies regrouped into their “Homa Lab”, and maintained stellar growth rates (+117% year on year).

”This new round of funding is a testament to the boundless ambition of our team. Homa’s technology is helping game studios of all sizes elevate their potential, starting by working on the right idea, speeding up production, making better decisions with data, and distributing their app across the world. We are excited to help many more studios and to connect players with amazing gaming experiences”, adds Daniel Nathan, co-founder and CEO, commenting on the deal.
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