# Game Jolt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/game-jolt

- Industry: Software
- Headquarters: Seattle, US
- Website: www.gamejolt.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Oct 1, 2021)
- Investors on record: 6

## About

Game Jolt Inc. is an interactive platform connecting independent game developers with enthusiasts, facilitating the creation, distribution, and monetization of digital games while fostering community engagement and feedback.Founded in 2008 in Seattle, US, Game Jolt Inc. provides a platform for independent game developers to showcase their work and connect with gamers. Co-founded by David DeCarmine and Yaprak DeCarmine, the company has undergone a strategic pivot to enhance its services, with its latest funding round in October 2021 raising USD 2.6 mn during a Seed round led by Acequia Capital and supported by various investors. The firm has completed a total of 2 deals to date.Game Jolt specializes in a dynamic platform that serves as a hub for independent game developers and enthusiasts, offering user-friendly development tools for creating, publishing, and monetizing games. It addresses market visibility challenges for developers and promotes community engagement. The platform targets international markets including North America, Europe, and parts of Asia, catering to a diverse audience seeking unique gaming experiences.Revenue generation occurs through transaction-based models and subscription services, where developers pay fees for game hosting and promotional tools, establishing a B2B relationship. Opportunities for additional revenue exist through partnerships with retailers and wholesalers, broadening distribution channels for featured games. The platform's structured pricing plans support a wide variety of games, attracting a diverse customer base in the competitive gaming industry.In October 2021, Game Jolt Inc. raised USD 2.6 mn in Seed funding led by Acequia Capital, with additional participation from other investors. The funding will be utilized to develop in-app live streaming, enhance discoverability, and improve monetization features for game-based content creators. The company plans to expand its platform functionality and reach more users across various international markets, aiming to solidify its presence in the rapidly growing gaming industry.

## Funding rounds

- Seed, Oct 1, 2021, $2.6M — Madrona Venture Group, Gramercy, Acequia Capital, Graph Ventures, Ride Ventures, Possible Ventures

## Investors

- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Seed
- Gramercy (https://capitalatlas.ai/funds/gramercy) — Seed
- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- Graph Ventures (https://capitalatlas.ai/funds/graph-ventures) — Seed
- Ride Ventures — Seed
- Possible Ventures — Seed
