# Avid.ly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avid-ly

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.avid.ly
- Latest round: Series A (Jan 6, 2017)
- Investors on record: 3

## About

Avid.ly is a gaming services company focused on assisting independent developers to enhance game development and market success through tailored strategies and funding options.Avid.ly operates in the gaming sector, providing services that optimize game development for independent developers. Founded in 2016 in Shanghai, China by Feng Xie, the company has completed 2 deals, with its most recent deal occurring on January 6, 2017. The CEO and founder, Feng Xie, has a background in leading companies in the gaming industry.Avid.ly specializes in offering a diverse range of services designed to enhance game development and market success for independent game developers. Their key offerings encompass market insights, financial support, feasibility studies, art production, user growth strategies, and monetization optimization. By providing vital data on market trends and user preferences, Avid.ly facilitates developers in setting achievable targets and improving profitability through customized funding solutions. Their art production team caters to various artistic styles, while user acquisition strategies leverage real-time data to maximize engagement and retention. The company serves a global audience, with a special emphasis on emerging gaming markets alongside established regions like North America and Europe.Avid.ly generates revenue through a complex transaction model involving partnerships with game developers and potential revenue-sharing agreements based on game performance. The firm primarily engages in B2B transactions, focusing on independent developers looking to optimize their games' market viability and profitability. Revenue streams include in-game monetization strategies and tailored user acquisition campaigns, which ensure that developers effectively reach and retain their target audience. While specific service pricing structures are not publicly disclosed, offerings are likely customized based on project scope, success metrics, and individual client requirements.Avid.ly plans to leverage its recent Series A funding, secured in January 2017 from Share Capital, to enhance its service offerings and possibly expand into new markets. The company is exploring additional product launches aimed at bolstering its market presence, although specific release dates have not been announced. Future initiatives may also target expansion into emerging gaming markets, which are currently underdeveloped, to capitalize on new growth opportunities.

## Funding rounds

- Series A, Jan 6, 2017 — Share Capital
- Angel, Oct 22, 2016 — 360 Security Technology, Yi Capital

## Investors

- 360 Security Technology — Angel
- Yi Capital (https://capitalatlas.ai/funds/yi-capital) — Angel
- Share Capital (https://capitalatlas.ai/funds/share-capital) — Series A