Traplight Ltd.
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Traplight Ltd. - overview
Established
2010
Location
Tampere, -, Finland
Primary Industry
Software
About
Traplight Ltd. is a mobile game development company focused on high-quality, user-generated content (UGC) games, leveraging innovative mechanics to enhance user engagement and foster community interaction. Founded in 2010 in Tampere, Finland, Traplight Ltd. specializes in creating mobile games that prioritize user-generated content and community engagement.
The company's CEO, Sami Kalliokoski, has been instrumental in guiding the firm, which has successfully completed 5 funding rounds, including a notable EUR 8 million round in July 2020 led by EQT with participation from Heartcore Capital, Initial Capital, and Play Ventures. This funding has raised a total of EUR 8 million since inception. Traplight specializes in developing high-quality mobile games that emphasize user-generated content (UGC), engaging gameplay mechanics, and community interaction. The company targets diverse demographics in North America and Europe, aiming to create immersive experiences that foster creativity among players through social and collaborative features.
In the most recent financial year, 2023, Traplight reported a revenue of EUR 288,064. 4 with an EBITDA of EUR -51,342. 7. The company's revenue model leverages in-app purchases and partnerships with distribution platforms, allowing users free downloads while offering premium content for purchase.
Traplight Ltd. plans to expand its product lineup with new mobile games designed to enhance user interaction and community features. The recent EUR 8 million funding will support these initiatives, allowing for the development and launch of new titles aimed at increasing market presence. Additionally, the company seeks to penetrate further into North American and European markets, optimizing its gaming solutions to cater to regional preferences and enhance user experience.
Current Investors
Heartcore Capital, Finnvera, Korea Investment Partners
Primary Industry
Software
Sub Industries
Gaming
Website
www.traplightgames.com
Verticals
Big Data, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
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