Description
Play Ventures invests early into game studios, consumer apps, and B2B infrastructure & services startups, backing ambitious entrepreneurs aiming to build the next gaming unicorn companies. The firm focuses on gaming (a $200B+ market), 'playable apps' like Duolingo and Calm (an $80B+ market), and B2B/AI/infrastructure companies in adtech, payments, and performance marketing, such as Appcharge, Scenario, and PVX. Founded by successful gaming entrepreneurs, Play Ventures identifies winning teams and invests before they even have products, providing tailored support in recruitment, design, fundraising, and more. The firm manages two funds totaling $175M in assets under management, with Fund I returning 1.5x to investors in under 4 years and Fund II closing at $135M. Portfolio companies and notable deals include Reworks (acquired by Playtika for up to $600M), Mod.io, Mobile Premier League, Mainframe Industries, Bigger Games, and Social First.