# MadBox

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

- Industry: Software
- Headquarters: Paris, France
- Website: www.madbox.io
- Total disclosed funding: $20M
- Latest round: Series A (Oct 18, 2019)
- Investors on record: 1

## About

MadBox SAS is a mobile game development and self-publishing company that creates engaging gaming experiences, focusing on captivating casual players through innovative and interactive gameplay.Founded in 2014 by Jonathan Hattab and Maxime DEMEURE, MadBox SAS operates out of Paris, France. The company specializes in mobile gaming and has successfully executed 2 deals, with their most recent funding round occurring on October 18, 2019. During this Series A round, MadBox raised EUR 15 million, led by investor Alven. The company has not undergone any significant pivots or changes in strategy since its inception and does not have any known subsidiaries.MadBox specializes in the development and self-publishing of mobile games, aimed at delivering engaging experiences to a global audience. Their popular titles, such as 'Stickman Hook' and 'Pocket Champs,' offer thrilling gameplay across challenging levels, catering to a vast base of casual gamers. These games, available on iOS and Android, feature diverse mechanics that promote skill development and competitive play, emphasizing creativity and collaboration among their development teams.In 2019, MadBox reported a revenue of EUR 23,030,402.10, with an EBITDA of EUR 2,132,596.50. The company primarily generates income through direct-to-consumer transactions in the mobile gaming sector, utilizing in-app purchases and advertisements as key revenue streams. Players can access games for free, while monetization strategies enhance user engagement and retention, supporting a scalable model for generating income.Looking ahead, MadBox is focused on developing new gaming products and expanding into additional markets. The company plans to launch several new titles, aiming for a release within the next year. The recent funding of EUR 15 million, secured in October 2019, will be allocated to support these product launches and facilitate entry into new geographic regions, including North America and Asia, by the end of 2020.

## Funding rounds

- Series A, Oct 18, 2019, $17M — Alven
- Seed, Jul 18, 2018, $3.5M — Alven

## Investors

- Alven (https://capitalatlas.ai/funds/alven) — Seed, Series A