AltPlus
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AltPlus - overview
Established
2010
Location
Tokyo, -, Japan
Primary Industry
Software
About
Based in Japan, AltPlus Inc. is engaged in developing and publishing digital entertainment products, primarily focusing on innovative video games that cater to diverse player preferences. AltPlus Inc. was founded in 2010 in Tokyo, Japan, and specializes in digital entertainment, particularly video games.
The company has completed 2 deals, with its most recent deal occurring on December 25, 2023. The CEO of the company is Takeshi Ishii. AltPlus Inc. specializes in the development and publishing of digital entertainment products, particularly video games.
The company's core offerings include self-publishing, collaborative development, and contract development of mobile and console games tailored to meet diverse user preferences and market demands. The company’s notable products include the mobile game "Hypnosis Mic -Alternative Rap Battle-" and its upcoming title "Oblivion Eve," which is currently in closed beta testing. AltPlus serves a wide customer base, including gamers across Japan and potentially other global markets, emphasizing user engagement and satisfaction, and focuses on maximizing the appeal of intellectual properties (IPs) through innovative game mechanics and narratives. In 2023, AltPlus Inc.
generated revenue of USD 31. 65 mn, with an EBITDA of USD -3. 99 mn. The company generates revenue through various transactional models, primarily from self-published games, contracts from third-party developers, and partnerships with established IP holders.
In the B2C segment, AltPlus employs a direct-to-consumer sales model for its games, which may include in-app purchases and subscription services that enhance user experience. Revenue streams are supplemented by collaborations with other entertainment entities, allowing for the integration of popular IPs into their gaming offerings. In December 2023, AltPlus Inc. raised an undisclosed amount in venture funding from new investor GF HOLDINGS Co.
, Ltd. The company will use the funding to support the development of more products and enhance its gamification service. AltPlus plans to expand its offerings with new titles and enhance existing ones, targeting both domestic and international markets for growth.
Current Investors
Mizuho Capital, GF HOLDINGS
Primary Industry
Software
Sub Industries
Web Development, Gaming
Website
www.altplus.co.jp
Verticals
Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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