Ludia Inc.
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Ludia Inc. - overview
Established
2007
Location
Montreal, QC, Canada
Primary Industry
Software
About
Ludia Inc. is a Montreal-based mobile gaming company specializing in the design and distribution of engaging cross-platform digital games. The company boasts a portfolio of popular titles that attract millions of players globally. Ludia Inc.
, founded in 2007, operates out of Montreal, Canada, and specializes in mobile gaming. The firm has executed 2 deals, with its most recent deal occurring on May 20, 2021. On this date, Jam City, Inc. agreed to acquire Ludia for USD 175 mn, facilitating support for Jam City's global studio portfolio.
The company has raised a total of USD 1. 50 mn, with the latest funding round being an Add-on amounting to USD 165 mn from Jam City, Inc. Ludia, based in Montreal, specializes in creating and distributing award-winning digital games for mobile platforms. Its offerings include popular titles such as Jurassic World™: Alive, Dragons: Rise of Berk, and Teenage Mutant Ninja Turtles: Legends, appealing to over 3.
5 million active players each month. The company has focused on mobile gaming since its strategic pivot in 2011, allowing it to engage a broad audience with immersive experiences based on well-known intellectual properties. Ludia generates revenue through direct-to-consumer transactions in the mobile gaming sector. The company utilizes monetization strategies like in-app purchases, allowing players to enhance their gaming experience with virtual currency and exclusive items.
This model supports ongoing player engagement and creates a sustainable revenue stream through its flagship products, including Jurassic World™: Alive. Following the acquisition by Jam City, Inc. on May 20, 2021, Ludia plans to leverage its resources to design and launch new products catering to its audience. The company aims to expand into new geographic markets, focusing on regions such as Europe and Asia by the end of 2023.
The recent funding will enhance development capabilities, supporting the design of innovative gaming experiences and extending its reach in the mobile entertainment sector.
Current Investors
Jam City, Inc.
Primary Industry
Software
Sub Industries
Recreational & Entertainment Facilities, Gaming
Website
www.ludia.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
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