Execution Labs
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Execution Labs - overview
Location
Montreal, QC, Canada
Primary Industry
Software
About
Execution Labs is an incubation company dedicated to empowering small and medium-sized game studios by providing essential resources, mentorship, and strategic guidance to facilitate their growth and successful market entry. Execution Labs specializes in supporting game development by assisting small and medium-sized game studios. Founded by Jason Della Rocca and Keith Katz, the company is headquartered in Montreal, Canada. In November 2014, Execution Labs raised USD 5.
3 mn in venture funding, leading to a total amount raised of USD 5. 3 mn. The funding round was led by Corus Entertainment Inc. , with participation from BDC Capital, Real Ventures, and White Star Capital.
Execution Labs primarily focuses on supporting small and medium-sized game studios through a comprehensive portfolio of services designed to enhance game development and market entry. Their offerings include mentorship, funding, and strategic guidance tailored to meet the unique challenges faced by game developers, particularly in design, marketing, and distribution. The end use cases are geared towards enabling these studios to successfully launch their games, enriching the gaming experience for consumers. The company serves a diverse clientele across the Americas and Europe, specifically targeting regions known for vibrant gaming communities such as North America, Western Europe, and emerging markets in Eastern Europe.
Execution Labs fosters innovation and creativity, positioning its portfolio studios to thrive in a competitive landscape. Execution Labs generates revenue through various models tailored to the gaming industry, focusing primarily on partnerships with portfolio studios. The firm engages in revenue-sharing agreements and provides funding in exchange for equity stakes in the studios it supports. Transactions typically involve structured arrangements where studios receive initial funding to develop their games, followed by a share of revenue generated upon successful launch and sales.
This model aligns the interests of Execution Labs with those of its studios, ensuring mutual benefit from the success of the developed products. Specific pricing plans or financial arrangements for individual services are negotiated with each studio, reflecting the unique circumstances and potential of each project. Execution Labs plans to utilize the USD 5. 3 mn raised in November 2014 to further enhance its support for small and medium-sized game studios.
The company is working on launching new mentorship programs and expanding its services into emerging markets in Eastern Europe and other regions by the end of 2015. This expansion aims to tap into new gaming communities and diversify its portfolio, ensuring continued growth and relevance in the evolving gaming landscape.
Current Investors
BDC Capital, Real Ventures, White Star Capital
Primary Industry
Software
Sub Industries
Gaming
Website
www.executionlabs.com
Company Stage
Angel & Seed
Total Amount Raised
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