ARED Group
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ARED Group - overview
Established
2017
Location
Kigali, -, Rwanda
Primary Industry
Renewable Energy
About
ARED Group is a dynamic online gaming platform specializing in casino-style games, offering an engaging experience for both novice and experienced players in Southeast Asia. Founded in 2017 in Kigali, Rwanda, ARED Group operates an online gaming platform that offers a diverse range of casino-style games. The company has successfully transitioned into the digital gaming space without any significant pivots in strategy. ARED Group was founded by Henri Nyakarundi, who has a history of entrepreneurship in technology-focused ventures.
The company completed a funding round in May 2019, raising venture capital from new investor Gray Matters Capital, focusing on enhancing its gaming offerings. Go88 Ared operates a comprehensive online gaming platform that specializes in a range of casino-style games, including card games, slots, and live casino options. The platform caters to both novice and experienced players, providing user-friendly access to high-quality gaming experiences. Key offerings include account registration, seamless deposit and withdrawal options, and various betting activities, such as sports betting and lottery games, primarily targeting online gamers in Southeast Asia.
Go88 Ared's services are accessible through its official website and mobile application, ensuring reliable access to online gaming. Revenue generation for Go88 Ared is structured around transactional activities within its gaming platform, where players deposit funds to participate in games and have the potential for winnings. The company employs a revenue-sharing model, with a portion of the bets contributing to its overall income. Subscription services may also be included, allowing users to access exclusive games or features.
Specific pricing details for games or services are not disclosed, but the revenue framework is designed to attract a wide range of players through competitive gaming experiences. Moving forward, ARED Group aims to expand its product offerings by developing new gaming options and features, with specific launch timelines yet to be announced. The company is exploring opportunities to expand into new markets within Southeast Asia, targeting additional regions by the end of 2023. The funding raised in May 2019 will support these initiatives, facilitating the development of new products and marketing efforts to enhance its presence in the online gaming sector.
Current Investors
Gray Matters Capital
Primary Industry
Renewable Energy
Sub Industries
Solar Power, Analytics & Performance Software, Internet Service Providers
Website
www.a-r-e-d.com
Verticals
Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
ARED Group - employee data
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