Gamefam, a Los Angeles, CA-based game publisher and developer on Roblox, raised $25M in Series A funding.
The round was led by Konvoy Ventures, with participation from Play Ventures, Makers Fund, Bessemer Venture Partners and Galaxy Interactive.
The Series A will accelerate growth, partnerships, and revenue acceleration.
Led by Joe Ferencz, CEO, Gamefam provides creators with tools, resources and processes to manage their games, raise revenue, incorporate analytics and live ops practices, and bring staffing, marketing, brand partnership and advertising opportunities.
With more than 6.5MM unique daily users in the US, and 15MM globally, Gamefam has partnered with top companies including Mattel, Disney, Paramount, WildBrain, WowWee, Sony and Ubisoft to develop custom branded experiences that deliver more reach and engagement than any traditional media channel, including TV.
Founded in 2019, Gamefam currently has more than 30 games on Roblox including top-25-games Twilight Daycare, All Star Tower Defense and Tower of Misery. The portfolio receives over 25MM visits every day and +75MM hours of gameplay every month. The company is extending their IP beyond the platform with a toy line by WowWee based on Twilight Daycare expected to launch in July 2022 bringing the company’s popular games outside of Roblox universe.
FinSMEs
24/03/2022