AkaStarter

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AkaStarter - overview

Location

-, -, Belgium

Primary Industry

Software

About

AkaStarter is an online gaming platform specializing in slot games, offering a user-friendly experience for both novice and experienced players with a diverse range of offerings from renowned game studios. AkaStarter operates a dedicated online platform for slot games, facilitating both casual and serious gamers. Founded in Belgium, the company has a history of strategic pivots to enhance its gaming offerings. AkaStarter received funding from E-Merge in July 2008, which served as a key investment target at that time.


Currently, the CEO's current information isn't provided, and no known subsidiaries or parent companies are mentioned. The company primarily operates as a dedicated online platform for slot games, providing a user-friendly environment tailored for both novice and experienced players. The core offerings include a diverse range of slot games developed by notable game studios such as PG Soft, Pragmatic Play, and Play’n GO. By focusing on slot-centric content and events, the platform allows users to quickly adapt to gameplay, offering features like free spins, multipliers, and community engagement opportunities.


The platform is designed to be accessible on mobile devices, ensuring that users can enjoy a seamless gaming experience without stress. The target customers include casual gamers and serious slot enthusiasts across various international markets, including Asia and Europe, where online gaming is regulated and popular. Revenue generation for the company involves transactions facilitated through its online gaming platform, where users engage with a variety of slot games and participate in promotional events. The company operates on a direct-to-consumer model, allowing players to access games without intermediaries.


Transactions typically occur through deposits made by users, who can use these funds to play the available games. Specific pricing plans may include options for free trials, demo slots, and promotional bonuses; however, the details of individual purchases and play structures are structured to enhance player engagement. The platform’s flagship offerings include popular slots that not only cater to immediate entertainment but also foster community interactions through shared experiences and events. In 2023, the company's EBITDA was reported at EUR 29,638.


70. AkaStarter is focused on developing new slot game titles and enhancing its platform features to attract a broader audience. The company aims to expand into the Asian and European markets by mid-2024, leveraging its existing reputation in online gaming. Recent financing from E-Merge in July 2008 will be utilized to support these growth initiatives, allowing for investment in new game development and market entry strategies.


Current Investors

Primary Industry

Software

Sub Industries

Music & Video Streaming Software

Website

www.akastarter.com

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

AkaStarter - financials

Fiscal Year EndedDec 31, 2010Dec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 29, 2023
Revenue (USD)--------------
% Revenue Growth (YoY)--------------
EBITDA (USD)(469,173)(238,994)(108,635)(18,421)43,236(588)(3,708)7,2603,3103,6472,853---
Operating Income (USD)(478,500)(244,189)(109,075)(18,543)43,236(588)(3,708)7,2603,3103,6472,853---
Operating Margin--------------
% EBITDA Margin--------------
NET Income (USD)(431,000)(235,910)(107,691)(51,265)182,954(9,870)(4,172)6,7472,7043,1882,315---
% Net Margin--------------

AkaStarter - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedAkaStarter-

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AkaStarter - employee data

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