Proletariat
Latest round
- Series C
Last raised
- Nov 2019
Total raised
- $26M
Investors
- 4
About Proletariat
Proletariat, Inc.Founded in 2012 in Boston, US, Proletariat, Inc. is dedicated to creating interactive digital entertainment. The company was recently acquired by Blizzard Entertainment, Inc. in June 2022, although financial terms were not disclosed. The founders include Damon Iannuzzelli, Jesse Kurlancheek, and Seth Sivak, with Seth Sivak currently serving as CEO.Proletariat specializes in developing interactive digital entertainment, focusing on creating engaging video games. Their core products enhance user experience through immersive gameplay, targeting both casual and dedicated gamers. By implementing innovative gameplay mechanics and community-driven features, Proletariat addresses the evolving demands of the gaming market.Proletariat generates revenue through the sale of video games and in-game transactions, utilizing a direct-to-consumer model. They structure transactions around one-time purchases for flagship titles, complemented by ongoing revenue from downloadable content (DLC) and microtransactions. Customers enjoy immediate access to their games through digital purchases, fostering an engaged player community. Pricing varies by product and may include special editions or bundles with additional content.20 mn to enhance its product offerings and market reach. The company is working on upcoming game releases planned for the next year, aiming to introduce innovative gameplay experiences. Additionally, they are exploring expansion into new markets, specifically targeting the Asian gaming market by the end of 2023. The recent acquisition by Blizzard Entertainment, Inc. will further bolster Proletariat's resources to support these initiatives, including the development of new titles and enhancing community engagement capabilities.
Who invested in Proletariat
4 investors across 2 rounds
See all investors in Proletariat
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Proletariat
Who invested in Proletariat?
Proletariat has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Proletariat raised?
Proletariat has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Proletariat last raise money?
Proletariat's most recent round on record is a Series C, in Nov 2019.
What does Proletariat do?
Proletariat is a software company.
Where is Proletariat headquartered?
Proletariat is headquartered in Boston, US.
Which VCs invest in companies like Proletariat?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Proletariat's stage. Their profiles are linked below.
VCs backing software startups at Series C
Raising like Proletariat? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.