Playz Espor Teknolojileri A.S.

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Playz Espor Teknolojileri A.S. - overview

Established

2017

Location

Istanbul, -, Turkey

Primary Industry

Internet

About

Playz Esports specializes in creating innovative digital solutions that enhance user engagement in social networking. Their interactive tools cater to both individual users and businesses, fostering content creation and community interaction. Founded in 2017 and headquartered in Istanbul, Turkey, Playz Esports operates within the esports and social networking industries. The company has redefined its strategy to focus on enhancing user engagement through innovative digital solutions.


Engin Sever serves as the CEO and founder, bringing prior entrepreneurial experience to the company. In May 2019, Playz Esports raised an undisclosed amount of Angel funding from various investors to fuel its growth. Playz. social focuses on providing innovative digital solutions aimed at enhancing user engagement in social networking environments.


Their core offerings include a suite of interactive social media tools designed for both individual users and businesses. These tools facilitate content creation, community building, and user interaction, targeting challenges such as user retention and effective communication. The company’s products have been designed for a diverse client base, including brands looking to enhance their online presence and individual users who seek to connect and engage with like-minded communities. Playz.


social has positioned its offerings in various geographical markets, particularly in North America, Europe, and parts of Asia, where social media usage is prevalent and continues to expand. Revenue generation for Playz. social is structured around a subscription-based model, catering to both businesses and individual users. Clients gain access to premium features and enhanced services through tiered pricing plans that offer varying levels of functionality.


Flagship products include proprietary tools that streamline content sharing and engagement analytics, which are crucial for brands aiming to optimize their social media strategies. Transactions typically occur directly between the company and its clients, with businesses securing partnerships that grant them tailored access to the platform's capabilities. Individual users may opt for subscriptions that unlock additional features, thereby contributing to the company's overall revenue stream without reliance on third-party retail channels. Playz Esports is strategically planning to launch new products aimed at further enhancing user engagement, although specific release dates have not been disclosed.


The company is also targeting expansion into new geographical markets, including regions in Asia and Europe, by 2023. The Angel funding raised in May 2019 will be utilized to support these initiatives, enabling the development of advanced features and the enhancement of their platform offerings.


Primary Industry

Internet

Sub Industries

Professional Sports/eSports, Web Applications, Social Networking & Communication Platform

Website

www.playz.social

Verticals

Social Media

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Playz Espor Teknolojileri A.S. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
AngelCompletedPlayz Espor Teknolojileri A.S.-

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