# Overwolf

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

- Industry: Internet
- Headquarters: Ramat Gan, Israel
- Website: www.overwolf.com
- Total disclosed funding: $149M
- Latest round: Series D (Nov 17, 2021)
- Investors on record: 10

## About

Overwolf Ltd. is a developer platform that empowers in-game creators to build, manage, and monetize user-generated content, enhancing the gaming experience for millions globally.Founded in 2010 in Ramat Gan, Israel, Overwolf Ltd. operates as a developer platform for user-generated content in games. The company was co-founded by Alon Rabinovitz, Oren Kramer, and Uri Marchand, with Uri Marchand serving as CEO. Overwolf has secured a total of USD 75.00 mn in funding through four investment rounds, with the latest round, Series D, occurring in November 2021, led by Andreessen Horowitz. This funding round included additional investments from Griffin Gaming Partners, Intel Capital, Insight Partners, Liberty Technology Venture Capital, and Marker.Overwolf offers a comprehensive suite of tools designed for in-game creators, enabling them to develop, manage, and monetize a variety of user-generated content (UGC) including apps, mods, and game servers. Their core offerings include the Overwolf platform, which allows developers to create powerful desktop applications and overlays for AAA games utilizing basic HTML and JavaScript. Additionally, Overwolf provides services to create and manage in-game and online stores, enhancing user engagement and monetization opportunities for game developers. The company's products are designed to cater to a diverse clientele, including game studios, developers, and individual creators, with a focus on enhancing the gaming experience for over 100 million active gamers globally. Their solutions are actively utilized in major markets including North America, Europe, and Asia, significantly impacting the gaming landscape by fostering a vibrant ecosystem for both creators and players.Overwolf generates revenue through a robust monetization platform that includes partnerships and direct transactions with game developers and creators. This structure allows creators to earn income from the mods and applications they develop, while game studios benefit from integrating user-generated content into their titles. The company engages in B2B transactions, providing an all-in-one service that includes advertising solutions designed to enhance revenue streams for gaming websites. Additionally, Overwolf operates a creator fund, which supports game studios and developers in creating innovative gaming experiences, thereby fostering a sustainable revenue model. The financial framework surrounding these services is structured to promote continuous engagement and collaboration within the gaming community, supporting both individual creators and larger studios.In November 2021, Overwolf Ltd. raised USD 75.00 mn in Series D funding, led by Andreessen Horowitz, to strengthen and grow the Overwolf platform in-game creator ecosystem. This funding will be utilized to enhance product offerings and expand into new markets, targeting broader geographic reach in North America, Europe, and Asia by the end of 2023. The company aims to launch new tools and features designed to facilitate even greater user engagement and monetization opportunities for creators.

## Funding rounds

- Series D, Nov 17, 2021, $75M — Intel Capital, Insight Partners, Andreessen Horowitz, Marker, Liberty Technology Venture Capital, Griffin Gaming Partners
- Series C, Mar 16, 2021, $53M — Intel Capital, Insight Partners, Warner Music Group Corp., Marker, Ubisoft Entertainment SA, Atreides Management, Liberty Technology Venture Capital, Griffin Gaming Partners, Jibe Ventures
- Series B, Nov 6, 2018, $16M — Intel Capital, Liberty Technology Venture Capital
- Series A, Sep 17, 2013, $5.3M — Marker

## Investors

- Marker (https://capitalatlas.ai/funds/marker) — Series A, Series C, Series D
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B, Series C, Series D
- Liberty Technology Venture Capital — Series B, Series C, Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C, Series D
- Warner Music Group Corp. — Series C
- Ubisoft Entertainment SA — Series C
- Atreides Management (https://capitalatlas.ai/funds/atreides-management) — Series C
- Griffin Gaming Partners (https://capitalatlas.ai/funds/griffin-gaming-partners) — Series C, Series D
- Jibe Ventures (https://capitalatlas.ai/funds/jibe-ventures) — Series C
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series D