# DMarket

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

- Industry: Internet
- Headquarters: Wilmington, US
- Website: www.dmarket.com
- Total disclosed funding: $6.5M
- Latest round: Series A (Jun 18, 2020)
- Investors on record: 2

## About

DMarket Inc. is a US-based marketplace specializing in the buying, selling, and trading of digital in-game items, enhancing player experiences across popular video games.Founded in 2017 and headquartered in Wilmington, US, DMarket Inc. facilitates transactions for digital assets from games like Counter-Strike 2 and Dota 2. The company has completed 2 deals, with the most recent on January 25, 2023, during which it raised USD 6.50 mn in a SERIES A round led by Almaz Capital Partners. The founders include Tamara Slanova and Vlad Panchenko, with Vlad also serving as the CEO.DMarket operates as a comprehensive in-game items marketplace, specializing in facilitating the buying, selling, and trading of digital assets, specifically skins and items from popular video games such as Counter-Strike 2, Team Fortress 2, Dota 2, and Rust. The platform enhances user experience through features like a Trust Shield to protect trades from scams and a mobile app that allows users to trade securely on-the-go. DMarket serves a diverse customer base, including gamers and collectors who seek to acquire or liquidate in-game items. By aligning its offerings with the needs of players, the platform addresses common pain points such as the risk of fraudulent transactions and the desire for customization, exemplified by the availability of weapon charms and various skin collections. DMarket’s services are available in multiple geographical markets, catering to a global audience of players who engage with these popular gaming titles.DMarket's revenue model is predominantly transaction-based, deriving income from the sale and trade of in-game items. Each transaction on the platform involves users buying or selling digital skins, with fees structured around the value of the transactions, typically starting as low as 2% of the sale price. This pricing structure allows for competitive offers while ensuring the platform remains profitable. Users can also engage in trading operations via the Trading API, which streamlines and automates buying and selling actions in real-time, enhancing the overall trading experience. The marketplace facilitates both direct-to-consumer sales, where players purchase skins for personal use, and B2B transactions, as traders and collectors seek to optimize their inventories. As a result, DMarket creates a dynamic ecosystem where users can capitalize on market trends and engage in strategic trading activities.Following its recent acquisition, DMarket plans to enhance its marketplace with new product offerings and expand into additional geographic markets. Specific upcoming products and their release dates have not been disclosed. The funding from the SERIES A round, amounting to USD 6.50 mn, will support these initiatives, allowing DMarket to strengthen its operational capabilities and further establish itself within the digital asset space.

## Funding rounds

- Series A, Jun 18, 2020, $6.5M — Almaz Capital, Xsolla Funding Club

## Investors

- Almaz Capital (https://capitalatlas.ai/funds/almaz-capital) — Series A
- Xsolla Funding Club (https://capitalatlas.ai/funds/xsolla-funding-club) — Series A