# Openfort

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

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.openfort.xyz
- Total disclosed funding: $3M
- Latest round: Seed (May 22, 2023)
- Investors on record: 7

## About

Based in Barcelona, Spain, and founded in 2022 by Joan Alavedra and Jaume Alavedra, Alamas Labs, doing business as Openfort, provides a platform that streamlines crypto account management and empowers programmatic transactions through robust API endpoints. The platform helps game developers connect with players through the full spectrum of Web3 opportunities. In May 2023, Openfort raised USD 3 million in seed funding co-led by investors Gumi Cryptos Capital and Maven 11 Capital, with participation from other investors Arcane Group, Game7, Newman Capital Group, NGC Ventures, and Pear VC.

The company offers a Web3 gaming wallet-as-a-service software platform for developers and publishers that consists of multiple APIs, compatible with browser games and PC games built in Unity and Unreal Engine 5 to manage their cryptocurrency accounts. Openfort’s abstracted infrastructure layer and programmable transactions, a set of SDKs and APIs, enable companies and game studios to create and manage fully customizable on-chain accounts. End-users and players enjoy games and gamified applications without being familiar with the concept of wallets. The OpenFort development also allows the system to identify new users’ and players’ activities and monitor their experiences.

## Funding rounds

- Seed, May 22, 2023, $3M — Newman Capital Group, Pear VC, Maven11 Capital, NGC Ventures, Game7, Gumi Cryptos Capital, Arcane Group

## Investors

- Newman Capital Group — Seed
- Pear VC (https://capitalatlas.ai/funds/pear-vc) — Seed
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Seed
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Seed
- Game7 — Seed
- Gumi Cryptos Capital (https://capitalatlas.ai/funds/gumi-cryptos-capital) — Seed
- Arcane Group (https://capitalatlas.ai/funds/arcane-group) — Seed