# Galileo Platforms

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/galileo-platforms

- Industry: Software
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.galileoplatforms.com
- Total disclosed funding: $4M
- Latest round: Series A (Oct 24, 2018)
- Investors on record: 2

## About

Galileo Platforms Limited is an online gaming service provider, specializing in delivering secure and user-friendly betting experiences focused on slot games and lottery systems.Galileo Platforms Limited, founded in 2016, operates as an online gaming platform headquartered in Hong Kong. The company has successfully raised a total of USD 4.00 mn in Series A funding on October 24, 2018, led by Greenlight Re Innovations and Scale Investors. The founder's details are not disclosed, and there is no information regarding any pivots or subsidiary relationships.Galileo Platforms Limited operates as an online gaming platform, providing users with access to a secure betting experience that emphasizes slot games and 4D lottery systems. The platform features a seamless login interface, catering to both novice and experienced players by ensuring accessibility across various devices, including desktops and mobile phones. Active gamers in Indonesia constitute the primary customer base, seeking reliable online betting services.Galileo Platforms Limited generates revenue primarily through its gaming services, including transaction fees from bets placed on slot games and 4D lottery tickets. The revenue model is structured around direct-to-consumer transactions, with users registering on the platform, depositing funds, and engaging in various gaming options. This dynamic pricing model allows for continuous revenue generation based on user engagement and betting volume, reinforcing the company's standing as a trusted operator in the online gaming sector.Following the recent Series A funding round completed in October 2018, Galileo Platforms Limited plans to enhance its service offerings and expand its market presence. The company aims to launch new gaming products, although specific release dates are yet to be announced. Additionally, Galileo is targeting geographic expansion into new Asian markets by 2024. The recent funding will be utilized to support these initiatives, enhancing product development and marketing strategies to attract a broader user base.

## Funding rounds

- Series A, Oct 24, 2018, $4M — Scale Investors, Greenlight Re Innovations

## Investors

- Scale Investors (https://capitalatlas.ai/funds/scale-investors) — Series A
- Greenlight Re Innovations — Series A