# Flaregames

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

- Industry: Software
- Headquarters: Karlsruhe, Germany
- Website: www.flaregames.com
- Total disclosed funding: $20M
- Latest round: Series B (Jun 5, 2014)
- Investors on record: 2

## About

Flaregames is a mobile game development and publishing company focused on creating immersive gaming experiences for a global audience. They specialize in various genres, including action, strategy, and adventure games.Founded in 2011, Flaregames GmbH operates from its headquarters in Karlsruhe, Germany. The company develops and publishes mobile and digital games, aiming to engage a diverse player base. Flaregames has successfully closed 3 funding rounds, with the latest being a Series B round in June 2014, where they raised EUR 9 million from investors Accel and DTCP Growth. The current company valuation stands at EUR 187.224 mn.Flaregames GmbH specializes in the development and publishing of mobile and digital games, focusing on delivering engaging gaming experiences to a varied audience. Their core offerings encompass a range of popular mobile games across genres such as action, strategy, and adventure, targeting entertainment and social interaction among users. Flaregames has launched several titles that resonate with gamers in markets including Europe, North America, and parts of Asia, catering to both casual and dedicated players.Flaregames generates revenue primarily through the sale of its mobile games, offered via a freemium model or direct purchases. Users can access basic game features for free, with options for in-game purchases to enhance their experience. Sales occur through app stores and partnerships with digital distribution platforms, while revenue stems from individual game sales and in-app transactions aligned with their flagship titles.The recent Series B funding round concluded on June 5, 2014, with EUR 9 million raised to support Flaregames' growth strategy. The company aims to develop new products and expand its gaming portfolio. Specific future offerings and their release dates are currently under development. Additionally, Flaregames plans to enter new geographic markets to broaden its audience reach, focusing on untapped regions by partnering with local distributors and leveraging their recent funding for market entry initiatives.

## Funding rounds

- Series B, Jun 5, 2014, $12M — Accel, DTCP
- Series A, Feb 2, 2012, $7.9M — Accel

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B
- DTCP — Series B