# Seriously Digital Entertainment

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/seriously-digital-entertainment

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.seriously.com
- Total disclosed funding: $28M
- Latest round: Series A (Aug 4, 2015)
- Investors on record: 5

## About

Seriously Digital Entertainment Oy is a gaming company focused on creating engaging mobile games that enhance user experiences. Their innovative approach combines fun with high-quality design to captivate players worldwide.Founded in 2013, Seriously Digital Entertainment Oy is headquartered in Helsinki, Finland. The company specializes in mobile game development and has successfully completed 5 deals since its inception. In August 2019, Seriously Digital Entertainment Oy was acquired by Playtika Ltd., with the financial terms undisclosed. The founders, Petri Järvilehto and Samuli V., have a background in developing immersive gaming experiences, contributing to the company's innovative offerings.Seriously Digital Entertainment Oy's primary products include a range of mobile games designed to engage users and foster community interaction. These games are utilized primarily by mobile users seeking entertainment and social connectivity, and they serve a global clientele across North America, Europe, and Asia-Pacific. The company's focus is on utilizing advanced technologies to enhance gameplay experiences and community building within their gaming applications.In 2022, Seriously Digital Entertainment Oy reported a revenue of USD 126.86 mn with an EBITDA of USD 8.28 mn. The company's revenue model includes subscription-based services and direct sales of its gaming applications, generating consistent income through user engagement and in-game purchases.Moving forward, Seriously Digital Entertainment Oy aims to expand its product lineup with new game releases scheduled for launch in the next year, targeting a global market. The company plans to utilize its recent funding of USD 18.00 mn from the Series A round, led by Northzone and participated by several investors, to enhance its game development capabilities and strategize entry into emerging markets, ensuring a robust growth trajectory.

## Funding rounds

- Series A, Aug 4, 2015, $18M — Northzone, Upfront, Heartcore Capital, Korea Investment Partners, Daher Capital
- Series A, Nov 18, 2014, $5M — Upfront, Heartcore Capital, Daher Capital
- Seed, Jun 27, 2014, $2.6M — Upfront, Heartcore Capital, Daher Capital
- Seed, Nov 5, 2013, $2.4M — Upfront, Heartcore Capital

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Seed, Series A
- Heartcore Capital (https://capitalatlas.ai/funds/heartcore-capital) — Seed, Series A
- Daher Capital — Seed, Series A
- Northzone (https://capitalatlas.ai/funds/northzone) — Series A
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series A