AnovaStorm
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
AnovaStorm - overview
Established
2010
Location
Austin, TX, US
Primary Industry
Software
About
AnovaStorm is a digital platform focused on delivering innovative lottery solutions to enthusiasts, enhancing their experience through modern technology and user-friendly interfaces. AnovaStorm was established in 2010 in Austin, US. The company is recognized for its strategic adaptability in the online lottery sector. It has secured a total of USD 2.
00 mn in funding through the Series A round led by CAG Investments. The company has participated in 2 deals to date, emphasizing its ongoing development within the industry. AnovaStorm operates as an online lottery platform providing various lottery options tailored to customers looking for entertainment and financial opportunities. Its offerings include government lottery options from multiple Southeast Asian countries, ensuring a comprehensive selection for both novice and experienced players.
The platform’s automated system allows for easy navigation and enhances user engagement, fostering a community of lottery enthusiasts. AnovaStorm generates revenue through transaction-based activities on its platform. Users place bets on a variety of lottery games, with the company earning a percentage from each transaction. This model facilitates direct-to-consumer sales where customers purchase lottery tickets online, supporting streamlined operations and user satisfaction with quick payment turnaround for winnings.
AnovaStorm recently ceased operations and therefore no further growth plans or product expansions are currently available. The company had previously aimed to innovate within the online lottery space but is now no longer pursuing these initiatives.
Primary Industry
Software
Sub Industries
Web Applications, Software
Website
www.anovastorm.com
Company Stage
Ceased Operations
Total Amount Raised
Subscriber access only
AnovaStorm - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.