# Metago

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

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.metago.net
- Total disclosed funding: $0.6M
- Latest round: Series A (Jul 5, 2011)
- Investors on record: 2

## About

Metago is a digital platform specializing in online gambling services, primarily focused on sports betting and slot gaming, delivering engaging and varied gaming experiences for users in Southeast Asia.Founded in 2000 and headquartered in Atlanta, US, Metago operates as a digital gambling platform. The company has undergone no significant pivots and does not have any known subsidiaries. The CEO is Kevin Payne. The latest funding round was a Series A, where Metago raised USD 0.55 mn on July 5, 2011, with investments from Kii Capital and Strive Capital, bringing the total amount raised to USD 0.55 mn.Metago operates as a prominent online gambling platform in Indonesia, primarily offering services related to online sports betting and slot gaming. The company provides a diverse range of products, including sportsbook betting, allowing users to place wagers on various sports events, and a selection of online slot games tailored to different player preferences. These offerings enhance user engagement and entertainment while aiming to generate potential financial returns. The platform is accessible to a broad client base, including frequent gamblers and casual players seeking both recreational and profitable gaming experiences. Metago's services cater primarily to the Indonesian market but are also marketed towards Southeast Asian regions where online gambling is a growing trend.The revenue model for Metago is based on transactional gambling activities, where customers participate in online betting and gaming. Revenue is generated from the stakes placed by players and retained as the company's profit margin. The company operates directly with consumers, allowing users to create accounts and engage in gaming activities without intermediaries. Metago may implement promotional strategies such as bonuses to attract and retain users, thereby increasing transaction volume. Specific pricing plans and detailed transaction structures are not publicly disclosed.Metago plans to leverage the recent funding from the Series A round to enhance its product offerings and expand its market reach. The company is focused on developing new online gaming products and services, with plans for a launch within the next 12 months. Additionally, Metago aims to enter new geographic markets, particularly targeting other Southeast Asian nations by the end of 2013. The funding will support these initiatives, enabling the company to invest in product development and marketing efforts.

## Funding rounds

- Series A, Jul 5, 2011, $0.6M — Kii Capital, Strive Capital

## Investors

- Kii Capital — Series A
- Strive Capital (https://capitalatlas.ai/funds/strive-capital) — Series A