First Contact Entertainment
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First Contact Entertainment - overview
Established
2016
Location
Santa Monica, CA-California, US
Primary Industry
Software
About
First Contact Entertainment develops immersive gaming experiences and interactive entertainment. The company focuses on innovative game design to engage users across various platforms. First Contact Entertainment, founded in 2016 in Santa Monica, US, specializes in creating immersive gaming experiences. The company was established by founders Chelsey Barber, David Kovacs, and David Moradi, who have a history of contributions in the gaming industry.
First Contact Entertainment has successfully raised a total of USD 5. 00 mn in one funding round, with their latest round taking place on October 5, 2016. First Contact Entertainment provides a range of interactive gaming solutions designed to enhance user engagement. Their core offerings focus on virtual reality and immersive experiences that tackle specific entertainment challenges.
The company serves a broad audience, including casual gamers and enthusiasts, primarily in North America, Europe, and parts of Asia. Key applications of their products involve creating engaging platforms for users to experience innovative gameplay and storytelling. The revenue model for First Contact Entertainment is primarily based on sales from game titles, partnerships, and potential in-game transactions. Clients engage through purchases that provide access to various gaming experiences, allowing flexibility based on user preferences.
This structure aims to establish a consistent revenue flow as users acquire new titles and updates. Key revenue drivers include successful game launches and expansions within popular genres, which are crucial for attracting and retaining players. First Contact Entertainment is focused on developing new gaming titles and enhancing their existing portfolio, aiming for releases in the upcoming year. Plans include expanding their reach into the Asia-Pacific market to tap into emerging gaming demographics by 2025.
The recent funding of USD 5. 00 mn will be utilized to support these initiatives, particularly in new game development and market entry strategies.
Primary Industry
Software
Sub Industries
Gaming
Website
www.firstcontactent.com
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
First Contact Entertainment - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | First Contact Entertainment | - |
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First Contact Entertainment - employee data
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