# Inovus Solar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/inovus-solar

- Industry: Electronics
- Headquarters: Boise, US
- Website: www.inovussolar.com
- Total disclosed funding: $0.9M
- Latest round: Series A (Dec 12, 2008)
- Investors on record: 1

## About

Inovus Solar focuses on providing online gaming services, specializing in poker and casino games. The company aims to deliver engaging entertainment solutions to a diverse range of players across various geographical markets.Inovus Solar, founded in 2007 by Artyom Ustinov, operates as a provider of online gaming services, primarily focusing on poker and casino games. The company is headquartered in Boise, US. In February 2017, Inovus Solar was acquired by SolarOne Solutions Inc. for an undisclosed amount. The company has successfully completed 5 deals to date, with its latest round of funding being in February 2017, raising a total of USD 0.82 mn.INOVUS SOLAR primarily offers a variety of online gaming services, focusing on poker and casino games. Their core product offerings include a range of poker game formats and casino-style games, which are accessible through their online platform. These services are designed to provide entertainment solutions for individuals seeking leisure activities as well as opportunities for financial gain through gaming. The site aims to engage a wide demographic, including both casual players and serious gamblers. The games are structured to cater to users in multiple geographical markets, emphasizing accessibility for players in regions such as Southeast Asia and other locales where online gaming is popular.The revenue model for INOVUS SOLAR revolves around facilitating online gaming transactions, which typically occur through user accounts on their platform. Players generally deposit funds into their accounts to participate in games and may access various promotional bonuses offered by the platform. Revenue is generated primarily through transaction fees associated with deposits and withdrawals, as well as a percentage of the stakes placed on games. The company also offers loyalty programs and subscription services that enhance user engagement, ensuring a consistent revenue stream. The pricing structure is designed to be competitive within the online gaming industry, allowing for a diverse range of customer spending patterns based on the services utilized.Moving forward, INOVUS SOLAR plans to enhance its offerings with upcoming new gaming products, although specific release dates have yet to be announced. The company is targeting expansion into new markets, particularly in Southeast Asia, to capture a larger player base by 2025. The recent funding from its last deal will be allocated to support these initiatives, focusing on product development and market entry strategies.

## Funding rounds

- Series A, Dec 12, 2008, $0.9M — Rain Source Capital

## Investors

- Rain Source Capital (https://capitalatlas.ai/funds/rain-source-capital) — Series A