# CodiGames

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/codigames

- Industry: Software
- Headquarters: Valencia, Spain
- Website: www.codigames.com
- Total disclosed funding: $0.5M
- Latest round: Angel (Sep 4, 2014)
- Investors on record: 1

## About

CodiGames is an innovative mobile game developer specializing in idle and tycoon games that blend business management concepts with engaging gameplay, catering primarily to casual gamers on iOS and Android platforms.Founded in 2013 in Valencia, Spain, CodiGames focuses on creating immersive gaming experiences. The firm, which has executed a total of 2 deals, raised USD 1.00 mn in July 2016, co-led by investors such as Caixa Capital Risc and Faraday Venture Partners. CEO Francisco Gomez is currently at the helm, and the founder, Zacarías Ayala, has an entrepreneurial background contributing to the company’s vision.CodiGames specializes in developing idle and tycoon games that integrate business management with immersive gameplay and simulation. Their core product offerings include titles such as Idle Theme Park Tycoon, Prison Empire Tycoon, Idle Town Master, Hotel Empire Tycoon, and Idle Supermarket Tycoon. These games are designed for casual gamers, allowing players to manage and expand virtual businesses, enhancing long-term user retention. CodiGames' products are globally available, with a strong presence in North America, Europe, and parts of Asia.In 2019, CodiGames generated revenue of USD 49.64 mn and reported an EBITDA of USD 22.55 mn. The company’s revenue is primarily derived from in-app purchases in their mobile games, employing a direct-to-consumer strategy that targets a broad audience. CodiGames leverages its popular titles, which have amassed millions of downloads, to engage users and enhance revenues through ongoing updates and in-game events.Following their most recent funding round in July 2016, where they raised USD 1.00 mn, CodiGames plans to utilize this capital to expand further into the multi-player mobile gaming market. The company is focused on the design and launch of new products to diversify its portfolio, alongside targeted market expansions in Europe and Asia by 2025, aiming to strengthen its user base and increase market penetration.

## Funding rounds

- Angel, Sep 4, 2014, $0.5M — Angels Capital

## Investors

- Angels Capital (https://capitalatlas.ai/funds/angels-capital) — Angel