# smiloops

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

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.smiloops.com
- Latest round: Series A (Apr 1, 2016)
- Investors on record: 1

## About

smiloops, Inc is a gaming platform specializing in Mahjong-themed slot games, offering users engaging experiences with high payout multipliers, specifically designed to attract both casual and avid players.Founded in 2012, smiloops, Inc operates from Tokyo, Japan, focusing on providing an interactive gaming platform. The company has pursued four significant deals, with its latest funding round occurring on May 6, 2022, during which it raised JPY 600.000 mn from investors including Wilab. The founder and CEO, Takuya Nakako, has been pivotal in steering the company’s direction since inception.smiloops, Inc operates as a gaming platform that specializes in slot games, particularly Mahjong-themed slots, which feature payout multipliers of up to X10. The platform offers various slot machines designed for accessibility and entertainment, catering to both casual and avid gamers. Users can experience the games without initial deposits through a demo feature, which aids in familiarizing them with game mechanics. The platform services a broad audience in Indonesia and maintains 24/7 customer support to assist users with inquiries and gameplay issues, enhancing user experience.The revenue model for smiloops, Inc is driven by user engagement with its online slot games, with an entry threshold of approximately 10,000 Indonesian Rupiah. Revenue is generated through direct transactions from players staking money on the slots, with potential winnings paid based on the game’s payout structure. The transaction model allows individual players to interact directly with the platform. The array of games, particularly the Mahjong slots with X10 payout potential, considerably contributes to the company's revenue.In May 2022, smiloops, Inc discontinued its operations, indicating a shift in strategy and future outlook. As it stands, there are no specific upcoming products or plans for expanding into new markets publicly detailed in the available information.

## Funding rounds

- Series A, Apr 1, 2016 — JAFCO Group

## Investors

- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Series A
