# Badongo.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/badongo-com

- Industry: Software
- Headquarters: Santa Monica, US
- Website: www.badongo.com
- Latest round: Series A (Jan 1, 2006)
- Investors on record: 1

## About

Badongo.com is an online platform that specializes in delivering engaging baccarat gaming experiences, catering to both novice and experienced players with various game formats and real-money options.Founded in 2005 and headquartered in Santa Monica, US, Badongo.com offers a user-friendly gaming platform focused on baccarat. In October 2007, the company raised seed funding from Fabrice Grinda. It has completed 2 deals to date.The company specializes in providing online baccarat gaming experiences through its platform, which offers a range of baccarat variations including punto banco, chemin de fer, baccarat banque, and mini baccarat. These products are designed to cater to both novice and experienced players by allowing them to engage in real-money games, as well as free versions for practice and skill development. The primary use case for their services is to deliver an entertaining and interactive gaming experience to users who are seeking both leisure and potential winnings in the gambling sector. The platform is user-friendly and is equipped with live dealer options to enhance the engagement of players. The company extends its services primarily to the Asian markets, focusing on players in Thailand and neighboring regions, where there is a growing interest in online gaming.Revenue for the company is generated through its online gaming offerings, particularly from real-money baccarat games where players wager on outcomes involving the player, banker, or tie bets. Transactions typically occur in a direct-to-consumer model where players can register on the platform, make deposits, and place bets in real-time. The company may employ a commission structure on banker bets, which is a common practice in the baccarat industry. Specific pricing plans for gameplay may involve varying stakes that players choose according to their preferences, allowing for a flexible betting range. The presence of substantial bonuses for new players and ongoing promotions can further drive user engagement and transaction volume on the platform.The company aims to expand its product offerings by launching new variations of baccarat and is actively working on enhancing its platform's features to improve user engagement. Badongo.com is targeting expansion into additional Asian markets beyond Thailand by the end of 2024. The recent seed funding raised in October 2007 will be utilized to support these initiatives, focusing on product development and market penetration strategies.

## Funding rounds

- Series A, Jan 1, 2006 — Floodgate

## Investors

- Floodgate (https://capitalatlas.ai/funds/floodgate) — Series A