Seven months ago, we announced a $15 million first round of investment led by Eurazeo and Headline. We’re now thrilled to announce a $50 million series A round led by Northzone, with participation of Singular, King and FuboTV founders as business angels and Spotify founder Daniel Ek's family office to build a global gaming platform.
2021 saw us accelerating our growth in many senses, from starting operations in Ukraine and China and expanding to new game genres like hybrid and board games, to reaching 500M downloads. But principally, we continue growing relationships with our partners, signing new studios, and improving our publishing platform to help them focus on what matters: the games.
After publishing our first 40 games (with 20 more to be launched before the end of 2021), we’re proud to be considered a valuable partner for game studios, providing them with powerful, innovative tech built in-house and a full market intelligence team in order to lead them through the game publishing cycle from ideation to marketing and optimization. Now, a $50M boost will allow us to keep hiring international talents and turning our powerful in-house publishing technologies into a must-have for every indie developer.
Our mission is clear: We enhance game studios' efforts, enabling them to compete with large publishing houses with a full stack of developer tools, data insights, and revenue generation through advertising—tools that they normally wouldn’t be able to access without our tech platform. With a strong focus on automation and optimization, we accompany game developers to increase efficiency through every step of the app production and publishing cycle.
Our technology works as a layer on top of cross-platform game engines like Unity, to make sure developers can focus on their creativity. This infrastructure is built on three main pillars: market intelligence to scout new trends and ideas, real-time A/B testing capabilities through a no code SDK, and distribution and monetization technologies.
Since our beginnings in 2018, we have experienced a growth rate of ~14900% in terms of revenue, and we’re not stopping. With this new round of investment, we will be able to boost our tech teams, complete strategic M&A acquisitions and strengthen new strategic partnerships with brands. We’re fully committed to continue developing and spreading our publishing platform HomaLab in the service of more developers and games.
“This new funding round will allow us to attract even more top tier talents, and accelerate our expansion across all functions and relevant geographies. We’re stoked to be joined by stellar investors and angels that have a sharp knowledge of our industries and have scaled massive companies before. Homa is now well-equipped to tackle all challenges and opportunities lying ahead.” Daniel Nathan, co-founder and CEO
At Homa, we are always looking forward to working with talented game developers and helping them create their next hit. If this sounds like you, don’t hesitate to contact us to explore publishing opportunities. If you think you have the right skills to join us as we keep growing, make sure to check our open positions here.
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