# Solendro

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

- Industry: Retail
- Headquarters: Paris, France
- Website: www.solendro.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Nov 21, 2014)
- Investors on record: 2

## About

Solendro is a Paris-based company specializing in providing innovative online gaming solutions, focusing on direct access to a wide variety of slot games that ensure a secure and engaging user experience.Founded in 2012 in Paris, France, Solendro operates as an independent entity that offers an extensive online gaming platform. The company has not undergone any significant pivots or changes in strategy since its inception. The firm was co-founded by Jules Delmas and Matthieu Géhin, with Matthieu currently serving as the CEO. Solendro has raised a total of EUR 1.592 mn through several funding rounds, with the most recent deal occurring on December 23, 2016, where the company secured EUR 418,142.55 in venture debt funding from Breega and Internet Attitude, maintaining a current valuation of EUR 9.559 mn.Solendro offers a comprehensive online gaming platform that specializes in direct access to a variety of slot games. Its core product, the "????????????" (direct web slots), allows users to engage with a diverse range of popular slot titles without intermediaries, providing a secure gaming experience. The platform facilitates easy transactions through various payment methods, including True Wallet integration for seamless, no-minimum transactions targeted at both casual gamers and avid players, primarily focusing on the Southeast Asian market.Solendro generates revenue through transactional fees associated with its gaming services. Users deposit funds to play available slot games, and the company structures its revenue through direct-to-consumer transactions, where players convert their deposits into gameplay credits. This model fosters continuous revenue as players return frequently for new gaming experiences, supported by a focus on customer satisfaction and security.Solendro's future growth strategy includes the design and launch of new gaming products, although specific release dates have not been disclosed. The company aims to expand its market presence into new geographic regions with a focus on areas where online gaming is gaining regulatory support. Recent funding from the December 2016 deal will be utilized to support these initiatives, enhancing product offerings and facilitating market expansion.

## Funding rounds

- Seed, Nov 21, 2014, $1.1M — Breega, News Invest

## Investors

- Breega (https://capitalatlas.ai/funds/breega) — Seed
- News Invest — Seed