# Ministry of Games

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

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.ministryofgames.io
- Total disclosed funding: $2.2M
- Latest round: Seed (Nov 6, 2014)
- Investors on record: 4

## About

Ministry of Games Oy is a Finnish company focused on creating interactive gaming experiences, offering a range of online multiplayer games designed to engage casual and dedicated gamers alike.Founded in 2014 and headquartered in Helsinki, Finland, Ministry of Games Oy develops and publishes video games that enhance player interaction. The company successfully raised EUR 1.8 million in a Seed round on November 6, 2014, from notable investors including Index Ventures and Proxy Ventures. The founder's prior entrepreneurial background is not disclosed, and the company does not have any known subsidiaries or parent companies.Ministry of Games specializes in developing and publishing interactive gaming experiences targeting both casual and dedicated gamers. The company offers a variety of online multiplayer games that focus on engaging gameplay mechanics, immersive graphics, and social interaction features. These games are designed to foster community engagement, allowing players to connect and engage in both cooperative and competitive play. The company actively markets and distributes its games across North America and Europe through various digital platforms and continuously updates its offerings to enhance user experience.In the most recent fiscal year of 2018, Ministry of Games reported a revenue of EUR 1,703,862.60 and an EBITDA of EUR 808,029.70. Their revenue model is diversified, consisting of digital sales and in-game purchases, which provides multiple transaction pathways for clients. The company's games are sold through online platforms for direct-to-consumer sales and may include partnerships for promotional bundles. Additionally, subscription-based models for premium content enhance user engagement and loyalty.Ministry of Games Oy plans to leverage its recent Seed funding of EUR 1.8 million to develop new gaming products and expand its market reach. The company is working on upcoming game titles scheduled for release in late 2023, targeting both North American and European markets for expansion. The funding will also support marketing efforts to enhance visibility and attract a broader player base, ensuring sustained growth in a competitive landscape.

## Funding rounds

- Seed, Nov 6, 2014, $2.2M — Index Ventures, Heartcore Capital, Initial Capital, Proxy Ventures

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed
- Heartcore Capital (https://capitalatlas.ai/funds/heartcore-capital) — Seed
- Initial Capital — Seed
- Proxy Ventures (https://capitalatlas.ai/funds/proxy-ventures) — Seed