# mod.io Pty.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mod-io-pty

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.mod.io
- Total disclosed funding: $31M
- Latest round: Series A (Nov 8, 2021)
- Investors on record: 10

## About

mod.io Pty. Ltd. is a technology company specializing in cross-platform mod support for video games, offering developers tools to enhance user-generated content integration within their games.Founded in 2018 in Melbourne, Australia, mod.io Pty. Ltd. develops solutions for video game developers to incorporate modding capabilities into their titles. The co-founders, Patrick Sotiriou and Scott Reismanis, have backgrounds in game development and technology. The company raised USD 26.00 mn in funding during its Series A round on November 8, 2021, led by Tencent Investment with participation from several other investors including GameTech Ventures and Sequoia Capital. mod.io has completed a total of 3 deals to date.mod.io specializes in cross-platform mod support for video games, providing a comprehensive suite of tools to facilitate user-generated content (UGC). Their core offering includes a software development kit (SDK) and plugins that integrate with popular game engines like Unreal and Unity. This enables game developers to efficiently manage the submission, moderation, and distribution of mods across platforms including PC, console, mobile, and VR, serving a diverse clientele from independent studios to large publishers.mod.io generates revenue through B2B agreements with game developers and publishers who utilize its UGC and mod support services. The company has a premium UGC marketplace supporting revenue sharing models, allowing content creators to earn while providing studios with revenue opportunities. mod.io has over 1.4 million creators and 14.7 million monthly active users engaging with UGC across more than 288 live games, indicating a robust user engagement and monetization strategy.Following its Series A funding round in November 2021, mod.io Pty. Ltd. plans to utilize the USD 26.00 mn raised to expand its operations and business reach. The company is focused on enhancing its development efforts and aiming to enter new markets, particularly targeting North America and Europe for growth. While specific new products are not detailed, mod.io is actively working on expanding its service offerings to better support game developers and enhance user experiences.

## Funding rounds

- Series A, Nov 8, 2021, $26M — Hong Shan, Ohio Innovation Fund, Tencent Investment, Plug and Play, Makers Fund, LEGO Ventures, GameTech Ventures
- Seed, Dec 3, 2020, $4M — Makers Fund, Play Ventures, Surge, GameTech Ventures, Machinefloor
- Seed, Mar 10, 2020, $1M — Play Ventures

## Investors

- Play Ventures (https://capitalatlas.ai/funds/play-ventures) — Seed
- Makers Fund (https://capitalatlas.ai/funds/makers-fund) — Seed, Series A
- Surge (https://capitalatlas.ai/funds/surge) — Seed
- GameTech Ventures (https://capitalatlas.ai/funds/gametech-ventures) — Seed, Series A
- Machinefloor (https://capitalatlas.ai/funds/machinefloor) — Seed
- Hong Shan — Series A
- Ohio Innovation Fund (https://capitalatlas.ai/funds/ohio-innovation-fund) — Series A
- Tencent Investment — Series A
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series A
- LEGO Ventures (https://capitalatlas.ai/funds/lego-ventures) — Series A