# GameDuell

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.gameduell.com
- Total disclosed funding: $17M
- Latest round: Series B (Jul 4, 2008)
- Investors on record: 4

## About

GameDuell is an online gaming company that develops skill-based multiplayer games, focusing on engaging card and board game experiences for a global audience.Founded in 2003 in San Francisco, US, GameDuell creates online skill games merging entertainment with competition. The company has raised a total of USD 17.3 mn, with the latest funding round being a Series B on July 4, 2008, from Wellington Partners. The founders, Boris Wasmuth and Kai Bolik, have a history of innovation in the gaming sector.GameDuell specializes in developing and providing a diverse range of online skill games, focusing on multiplayer experiences across card and board game genres. The company’s core offerings include classic games such as Solitaire and Skat, as well as action-oriented titles like Jungle Jewels and brain teasers like Crossword Puzzle. These games are designed to foster competition, allowing players to engage with both friends and an international community of users. GameDuell’s platform caters to players seeking casual entertainment as well as those who enjoy the challenge of skill-based competitions. The services are available in multiple languages, targeting markets primarily in Europe, including Germany, the UK, and Spain, as well as other international regions where online gaming has significant demand.GameDuell operates a revenue model centered around skill-based gaming, where users can choose to play for free or enter cash tournaments for real money prizes. Players are encouraged to upgrade their accounts through a single deposit, which enables unlimited access to practice duels and competitive matches against real opponents. The structure of transactions involves both direct-to-consumer sales and cash transactions for game entries. Revenue is generated through entry fees for tournaments and other competitive events, as well as potential partnerships with brands looking to reach the gaming demographic. The company’s offerings, such as its exclusive tournament formats, contribute to a dynamic revenue generation strategy.In July 2008, GameDuell raised USD 17.3 mn in Series B funding. The company intends to utilize this funding to enhance its game development capabilities and expand into new international markets. The specific regions targeted for expansion include additional European countries and markets in Asia, with initiatives expected to launch in the coming years as part of their growth strategy.

## Funding rounds

- Series B, Jul 4, 2008, $17M — Wellington Partners
- Series A, Jan 1, 2003 — HV Capital, Acton Capital, Burda Digital Ventures

## Investors

- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series A
- Acton Capital (https://capitalatlas.ai/funds/acton-capital) — Series A
- Burda Digital Ventures — Series A
- Wellington Partners (https://capitalatlas.ai/funds/wellington-partners) — Series B