# PUZZLE MONSTERS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/puzzle-monsters

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.puzzlemonsters.io
- Latest round: Seed (Jun 30, 2020)
- Investors on record: 1

## About

Based in South Korea, Puzzle Monsters creates interactive gaming experiences that captivate a diverse audience. The company specializes in mobile and online games that combine puzzle-solving with immersive storytelling, catering to casual gamers.Puzzle Monsters is a gaming company based in Seoul, South Korea, founded in 2020 by Jinhwan Yang. It has engaged in 2 deals, with its most recent deal occurring on August 1, 2023. The company has not undergone any notable pivots or changes in strategy since its inception.Puzzle Monsters specializes in creating engaging and interactive gaming experiences designed for a diverse audience. Their core product offerings include a range of mobile and online games that integrate puzzle-solving mechanics with immersive storytelling, enhancing user engagement and enjoyment. The company’s games focus on providing leisure and cognitive challenges to users, facilitating both individual gameplay and social interactions through multiplayer functionalities. Their products are distributed across North America, Europe, and parts of Asia, ensuring a broad reach among different gaming demographics.The revenue model for Puzzle Monsters is primarily structured around in-game purchases and subscription services, allowing players to enhance their gaming experience through additional content and features. Customers can access a freemium model, where basic gameplay is available for free, while premium features and in-game currency are available for purchase. This model generates revenue through transactions as players engage with the game. Partnerships with digital storefronts and app platforms enhance their product distribution and visibility in relevant markets. Specific pricing plans for in-game items and subscription tiers play a crucial role in the company’s revenue generation, with flagship products designed to maximize player retention and engagement.Following their most recent funding round in August 2023, where Puzzle Monsters raised an undisclosed amount from Crit Ventures, the company plans to utilize these funds to focus on game development and engage more meaningfully with blockchain infrastructure and community. There are initiatives underway to design and launch new products, although specific release dates have not been disclosed. Additionally, the company aims to expand into new markets, although specific regions targeted for this expansion have not been detailed.

## Funding rounds

- Seed, Jun 30, 2020 — Spring Camp

## Investors

- Spring Camp (https://capitalatlas.ai/funds/spring-camp) — Seed