# GameGround

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

- Industry: Software
- Headquarters: New York, US
- Website: www.gameground.com
- Total disclosed funding: $9.4M
- Latest round: Series B (Nov 17, 2010)
- Investors on record: 4

## About

GameGround provides immersive room-scale gaming experiences that combine physical activity and mental challenges, catering to both adults and children for social entertainment and group activities.Founded in 2007 by Nasser Abchar, GameGround is based in New York, US. The company specializes in a carnival-style gaming environment, featuring twelve unique skill-based games. The latest funding round was a Series B, raising USD 5.30 mn from Novel TMT Ventures, Sequoia Capital, Softbank Capital, and Vodafone Ventures, bringing the total amount raised to USD 5.30 mn.GameGround offers a suite of high-tech immersive gaming experiences, with a core product comprising twelve unique games designed for groups of 2-6 players. Spanning 12,000 square feet, the venue allows 75 minutes of gameplay through RFID wristbands, facilitating score tracking and competitive engagement, primarily serving the Columbus, Ohio market.GameGround generates revenue through a direct-to-consumer model by selling general admission tickets priced at USD 24 for 75 minutes of unlimited gameplay. The straightforward pricing encourages repeat visits, and group packages for events further enhance revenue opportunities, targeting a diverse customer base.GameGround is currently focusing on expanding its market presence, although it appears to have gone out of business. Recent funding was intended to support growth initiatives but specifics about upcoming products or new geographic regions targeted for expansion were not provided.

## Funding rounds

- Series B, Nov 17, 2010, $5.3M — Hong Shan, Softbank Capital, Vodafone Ventures, Novel TMT Ventures
- Series A, Jun 3, 2009, $4.1M — Hong Shan

## Investors

- Hong Shan — Series A, Series B
- Softbank Capital (https://capitalatlas.ai/funds/softbank-capital) — Series B
- Vodafone Ventures (https://capitalatlas.ai/funds/vodafone-ventures) — Series B
- Novel TMT Ventures (https://capitalatlas.ai/funds/novel-tmt-ventures) — Series B