Grover Gaming
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Grover Gaming - overview
Location
-, NC, US
Primary Industry
Software
About
Grover Gaming, based in the US, specializes in innovative electronic pull tab gaming solutions for lotteries and charitable gaming sectors, enhancing user engagement and simplifying the gaming experience. Grover Gaming is focused on developing electronic gaming solutions for various jurisdictions, primarily in charitable gaming. The company operates from its headquarters in Wilmington, North Carolina, and has grown its footprint in states such as Ohio, New Hampshire, Kentucky, North Dakota, and Virginia. The founder, who has a background in gaming and software development, established the company to address the needs of lottery and charitable organizations.
Funding details or rounds are not publicly disclosed. Grover Gaming specializes in the development and delivery of electronic pull tab gaming solutions, catering primarily to lotteries and charitable gaming jurisdictions. Their core product offerings include advanced software, game content, and comprehensive gaming systems designed to enhance user engagement and simplify the gaming experience. These electronic pull tabs are utilized in various charitable gaming settings, providing entertainment while supporting community initiatives.
With a focus on markets such as Ohio, New Hampshire, Kentucky, North Dakota, and Virginia, Grover Gaming serves a diverse clientele ranging from lottery organizations to non-profit entities, ensuring that end users can enjoy a seamless and entertaining gaming experience. The revenue model of Grover Gaming is structured around partnerships with gaming organizations and jurisdictions that utilize their electronic pull tab systems. Businesses operate on a B2B framework, where Grover Gaming collaborates with lottery and charitable gaming entities to provide tailored gaming solutions. These transactions often involve the licensing of software or game content, allowing clients to integrate Grover's offerings into their operations.
While specific pricing plans for these services are not disclosed, the revenue structure is based on performance-based agreements or fixed fees, facilitating a consistent revenue stream from their flagship product offerings. This approach fosters strong partnerships and ensures that Grover Gaming remains a key player in the charitable gaming sector. Grover Gaming is actively pursuing the design and launch of new products aimed at enhancing the gaming experience, although specific release dates have not been provided. The company has plans to expand into additional markets, targeting states where charitable gaming regulations are evolving, with a view to establishing operations by 2024.
Recent funding will support these growth initiatives by bolstering product development and marketing efforts to tap into new customer bases.
Primary Industry
Software
Sub Industries
Gaming
Website
www.grovergaming.com
Total Amount Raised
Subscriber access only
Grover Gaming - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | Grover Gaming Printing | - |
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