# Redinner Kft

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/redinner-kft

- Industry: Logistics & Distribution
- Headquarters: Budapest, Hungary
- Website: www.redinner.com
- Total disclosed funding: $0.2M
- Latest round: Seed (Jul 13, 2018)
- Investors on record: 1

## About

Redinner Kft operates an online gaming platform focused on slot games, providing a risk-free environment for users to engage with various gaming options, particularly appealing to online gamblers in Southeast Asia.Redinner Kft is a company dedicated to online gaming, particularly in the slot machine segment. It is headquartered in Budapest, Hungary. The company raised EUR 0.1 million in Seed funding from Hiventures on July 13, 2018. In its history, Redinner has completed 2 notable deals and has not undergone any significant pivots in its business strategy since its founding. The firm was established by individuals with a vision for enhancing the online gaming experience, although specific details about the founders are not disclosed.Redinner operates as an online gaming platform specializing in slot games, including offerings like 'Slot Demo Zeus' and 'Slot Demo PG Soft.' The platform allows users to engage in online gambling without financial stakes, catering to a wide range of players interested in various casino games and sports betting. Redinner focuses on providing a diverse selection of slot machines for entertainment and engagement, primarily targeting online gamblers, including casual players and serious enthusiasts, particularly in Southeast Asia where online gambling is gaining traction.Redinner's revenue model is based on online gaming transactions, where players engage with the platform's slot games on a pay-per-play basis. Although specific pricing for individual games is not disclosed, the platform accommodates both casual and high-stakes players. In 2019, Redinner reported revenues of EUR 0 mn and an EBITDA of EUR -16,638, indicating financial challenges that the company is currently addressing.Redinner Kft aims to enhance its product offerings and expand into new markets. The recent Seed funding round of EUR 0.1 million raised in July 2018 will be utilized to develop new gaming products and potentially explore geographic expansion in regions beyond Southeast Asia. Specific timelines for upcoming product launches and targeted new markets are currently not disclosed, but the funding is intended to support the company's growth initiatives.

## Funding rounds

- Seed, Jul 13, 2018, $0.1M — Hiventures
- Seed, Jan 29, 2018, $0M — Hiventures

## Investors

- Hiventures (https://capitalatlas.ai/funds/hiventures) — Seed