# Gram Games

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gram-games

- Industry: Software
- Headquarters: London, UK
- Website: www.gram.gs
- Total disclosed funding: $0.7M
- Latest round: Seed (Jan 1, 2014)
- Investors on record: 1

## About

Gram Games Limited is a mobile game development company focused on creating engaging social games that promote player interaction. Their portfolio includes popular titles that attract a global audience across various platforms.Founded in 2012 in London, UK, Gram Games Limited is known for its mobile gaming innovations. The company was acquired in May 2018 by Zynga, Inc. for USD 250 mn, and has since operated under Zynga's umbrella. The CEO is Mehmet Ecevit, and co-founder Kaan Karamanci has a notable history in game development. Gram Games has completed a total of 4 deals, with the most recent involving a Trade Sale in 2018, raising a total of USD 0.60 mn.Gram Games specializes in mobile social games that foster connections among players. Their offerings include merging puzzle games like 'Merge Magic!' and 'Merge Dragons!', which encourage users to solve puzzles through element combination. Other titles such as '1010!' and 'Six!' provide minimalist strategic challenges. The company targets a diverse audience in North America, Europe, and Asia, ensuring broad accessibility through mobile platforms, and continually innovates its game library to cater to both casual and immersive gamers.In the most recent fiscal year 2024, Gram Games generated revenue of USD 185.24 mn, with an EBITDA of USD 28.32 mn. The company primarily earns from in-app purchases and advertisements, allowing players to unlock features or content through transactions that enhance their gaming experiences. This business model includes tiered pricing options for players, promoting continuous engagement with flagship games like 'Merge Dragons!' and 'Bounzy!'.Following the acquisition in May 2018, Gram Games plans to leverage its relationship with Zynga, Inc. to enhance product offerings and expand into new markets. The company is focusing on developing new titles aimed at various demographics, with potential launches anticipated within the next year. Strategic expansion into emerging markets across Asia and South America is also a key goal, with initiatives targeted for completion by the end of 2025. Funding from the recent acquisition will support these growth strategies, enhancing development capabilities and market penetration efforts.

## Funding rounds

- Seed, Jan 1, 2014, $0.6M — Hummingbird Ventures
- Seed, Feb 1, 2013, $0.1M — Hummingbird Ventures

## Investors

- Hummingbird Ventures (https://capitalatlas.ai/funds/hummingbird-ventures) — Seed