Frankly Chat
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.
Frankly Chat - overview
Established
2011
Location
San Francisco, CA, US
Primary Industry
Telecoms
About
Frankly Chat is a company focused on delivering comprehensive insights and reviews about online slot games, catering to both casual players and serious gamblers in the gaming industry. Frankly Chat was founded in 2011 in San Francisco, US. The company specializes in providing information and reviews on online slot games, targeting a diverse audience of gamers. Founded by Johanna Buchweitz, the company has not made any pivots in its business strategy or operations.
Its most recent funding round occurred in October 2014, raising USD 12. 8 mn from investors including JJR Private Capital, SK Planet, and StartX. Frankly Chat has completed a total of 2 deals to date, with a total amount raised of USD 12. 8 mn.
Chat Frankly specializes in providing in-depth information and reviews about online slot games. Its core offerings include detailed evaluations of various online slot platforms, highlighting features, gameplay mechanics, and promotional offers. The primary customer base consists of avid online gamers, particularly focusing on Southeast Asia, where online gambling has experienced significant growth. The company aggregates information on game performance and player experiences to aid users in making informed choices.
Frankly Chat generates revenue primarily through affiliate partnerships with online casinos and gaming platforms. The company earns commissions by directing traffic to partner sites where users engage in real-money gaming activities, typically involving a percentage fee based on the net revenue generated from referred players. This performance-based arrangement incentivizes the company to provide engaging content that drives user interaction and transactions between players and gaming operators. The most recent funding round in October 2014, amounting to USD 12.
8 mn, will support Frankly Chat's strategy to expand its offerings and reach. The company is focusing on developing new products that enhance user engagement and plans to broaden its market presence in Southeast Asia and other emerging markets by 2025. The funding will be utilized to strengthen their content creation and marketing efforts, thus facilitating growth in these targeted regions.
Current Investors
SK Planet, StartX, JJR Private Capital
Primary Industry
Telecoms
Sub Industries
Telecoms Providers & Services
Website
www.chatfrankly.com
Verticals
Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
Frankly Chat - 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.