# FunCraft

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: http://www.funcraft.com
- Total disclosed funding: $1.8M
- Latest round: Seed (Feb 26, 2020)
- Investors on record: 1

## About

FunCraft Inc. develops engaging mobile word games that foster daily mental stimulation and social connection among players, focusing on user satisfaction and community engagement.Founded in 2019 in San Francisco, US, FunCraft Inc. specializes in creating mobile word games. The company was established by Jason Mcguirk and Michael Martinez, with Michael Martinez currently serving as the CEO. FunCraft has raised a total of USD 1.80 mn, including USD 1.80 mn in its latest SEED funding round on February 26, 2020, led by Play Ventures, which participated as the lead investor.FunCraft specializes in the development of engaging word games, with its flagship product being Wordgrams. This mobile game offers a fulfilling puzzle-solving experience intended to enhance joy and connection among players. The company targets a global audience across North America, Europe, and Asia, emphasizing the creation of games that not only entertain but also promote positive daily habits among users.FunCraft's revenue model centers around monetizing its games through in-app purchases and advertising. The company employs a free-to-play strategy, allowing users to download and enjoy the games at no initial cost, while generating income through optional purchases and ad placements. This approach maximizes player engagement and satisfaction, enhancing the overall value of FunCraft's offerings in the gaming market.Following the recent SEED funding round, which raised USD 1.80 mn, FunCraft plans to develop and launch new game titles aimed at expanding its product portfolio by the end of 2021. The company is also looking to enter new markets in Latin America and Asia, with targeted expansion efforts set for 2022. The funding will support the development of these new games and market entry initiatives.

## Funding rounds

- Seed, Feb 26, 2020, $1.8M — Play Ventures

## Investors

- Play Ventures (https://capitalatlas.ai/funds/play-ventures) — Seed