# Social Point S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/social-point-s-l

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.socialpoint.es
- Total disclosed funding: $11M
- Latest round: Series B (Jun 27, 2012)
- Investors on record: 3

## About

Social Point S.L. is a mobile game developer specializing in free-to-play experiences. They create captivating games that engage diverse global audiences through interactive entertainment.Founded in 2008 and headquartered in Barcelona, Spain, Social Point S.L. develops mobile games and interactive entertainment. In February 2017, the company was acquired by Take-Two Interactive Software, Inc. for an initial USD 250 mn, with an additional USD 25.9 mn based on performance. The CEO, Daan Peeters, has led the company through its evolution in the mobile gaming industry, which has seen five notable deals.Social Point S.L. develops mobile games that offer interactive entertainment, primarily focusing on free-to-play formats. Their well-known titles, such as "Dragon Land" and "Monster Legends," feature engaging gameplay, vibrant graphics, and social interaction elements. The games are designed for diverse audiences, with a strong presence in North America, Europe, and Asia, catering to mobile gamers looking for accessible and interactive content.In the most recent financial year of 2022, Social Point S.L. reported a revenue of USD 98.40 mn. The company's revenue primarily stems from in-app purchases and advertising strategies within its games, utilizing a freemium model that allows players to access free content while offering premium in-game purchases. The EBITDA for the same year was recorded at -USD 20.02 mn.Social Point S.L. intends to leverage its recent acquisition by Take-Two Interactive to enhance its development pipeline and expand into new markets. The funding from the acquisition will support the launch of upcoming products aimed at tapping into additional geographical regions, although specific release dates and new market targets have yet to be disclosed. The resources will also be utilized to enhance existing titles and expand community features within their games, fostering deeper player engagement.

## Funding rounds

- Series B, Jun 27, 2012, $7.3M — Idinvest Partners, BBVA, Nauta Capital
- Series A, Jun 23, 2011, $3.5M — Nauta Capital

## Investors

- Nauta Capital (https://capitalatlas.ai/funds/nauta-capital) — Series A, Series B
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series B
- BBVA — Series B