# Hudman

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

- Industry: Software
- Headquarters: Cwmbran, UK
- Website: www.hudmansolutions.com
- Total disclosed funding: $0.2M
- Latest round: Seed (Sep 5, 2016)
- Investors on record: 1

## About

Hudman Limited is a provider of comprehensive online gambling services, specializing in an extensive range of online slot gaming experiences that engage and entertain users across various markets.Hudman Limited was founded in 2005 and is headquartered in Cwmbran, UK. The company focuses on delivering online gambling solutions, particularly in the realm of slot gaming. In July 2017, Hudman was acquired by Advanced Computer Software Group Limited from the Development Bank of Wales for undisclosed financial terms. The company has successfully completed 3 deals since its inception, with its latest funding round being a Seed round in which it raised GBP 0.160 mn, bringing the total amount raised to GBP 0.160 mn and the current company valuation to GBP 1.160 mn.Hudman Solutions specializes in providing comprehensive online gambling services, focusing primarily on online slot gaming. Their core product offerings include a diverse range of slot games designed to cater to both casual gamers and serious bettors. These games feature modern enhancements such as Free Spins, Buy Spin options, and various themed gameplay experiences to increase user engagement. The platform primarily targets players in Southeast Asia, particularly Indonesia, as well as other regions with a growing interest in online gambling, offering individual players entertaining gaming experiences through an intuitive online interface.Hudman Solutions generates revenue primarily through direct transactions with players, who engage in betting activities on their platform. The company adopts a transactional structure that includes both subscription-based offerings and pay-per-play models. Players can make individual bets or purchase packages for premium features, aligning specific pricing structures with the types of games offered, such as standard slots or premium titles, catering to both casual players and high-stakes gamblers.Hudman Limited is strategizing for future growth by designing and launching new products tailored to enhance player engagement. Specific upcoming product releases are in development but no release dates have been provided. The company is also planning to expand into new geographic regions, targeting markets with a burgeoning interest in online gaming. The recent funding from the Seed round will support these initiatives, including product development and market entry strategies. The latest deal, finalized in July 2017, marked a significant transition in Hudman's operational strategy under new ownership.

## Funding rounds

- Seed, Sep 5, 2016, $0.2M — Development Bank of Wales

## Investors

- Development Bank of Wales (https://capitalatlas.ai/funds/development-bank-of-wales) — Seed