# Playtertainment

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

- Industry: Travel & Leisure
- Headquarters: Las Vegas, US
- Website: www.playtertainment.com
- Total disclosed funding: $5M
- Latest round: Series A (Nov 9, 2021)
- Investors on record: 3

## About

Playtertainment, Inc. is dedicated to creating innovative gaming and entertainment solutions that enhance user engagement across multiple platforms, catering to a wide array of audiences and fostering interactive experiences.Founded in 2019 by Jon Davidman, Playtertainment, Inc. is headquartered in Las Vegas, US. The company specializes in interactive gaming experiences that prioritize user engagement. In November 2021, Playtertainment raised USD 5 mn in a Series A funding round led by SDV Holdings, with additional participation from Astralis Capital and Sharp Alpha Advisors. This funding round represents the total amount raised by the firm, which has completed 2 deals to date.Playtertainment specializes in delivering innovative gaming and entertainment solutions designed to engage users across various platforms. The company’s core offerings revolve around interactive gaming experiences that prioritize user engagement and seamless functionality. Their products address specific entertainment needs, including immersive gameplay and social interaction, catering to a diverse audience of gamers, families, and casual users. Released in various phases, these products have been strategically developed to penetrate key markets in North America, Europe, and Asia, meeting the growing consumer demand for digital entertainment. The company serves both individual consumers and establishes B2B partnerships with retailers and gaming outlets for widespread product distribution.The revenue structure of Playtertainment is primarily based on a combination of subscription models and direct sales through partnerships with retailers and wholesalers. Clients engage in long-term subscriptions to access premium content and features, with options tailored for both individual gamers and corporate entities. Transactions typically involve the purchase of flagship products, including unique gaming titles or proprietary software designed for enhanced user experiences. Specific pricing plans provide flexibility for various customer segments, encouraging bulk purchases through wholesale arrangements, thus maintaining a robust revenue stream while fostering client loyalty.In November 2021, Playtertainment, Inc. raised USD 5 mn in Series A funding, which will be utilized to support the development of new interactive gaming products aimed at expanding their offering. The company plans to launch these products in 2023. Additionally, Playtertainment is targeting geographic expansion into emerging markets in Asia and South America by the end of 2024, capitalizing on the rising demand for digital entertainment solutions. This strategic approach will enhance their market presence and build on insights gained from current funding.

## Funding rounds

- Series A, Nov 9, 2021, $5M — Sharp Alpha Advisors, Astralis Capital, SDV Holdings

## Investors

- Sharp Alpha Advisors (https://capitalatlas.ai/funds/sharp-alpha-advisors) — Series A
- Astralis Capital (https://capitalatlas.ai/funds/astralis-capital) — Series A
- SDV Holdings — Series A