# Teatime Games

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/teatime-games

- Industry: Software
- Headquarters: Reykjavik, Iceland
- Website: www.teatime.games
- Total disclosed funding: $9M
- Latest round: Series A (May 16, 2018)
- Investors on record: 2

## About

Teatime Games Inc. is a game development company that focuses on creating engaging mobile gaming experiences for players. Their innovative approach combines fun gameplay with social interaction, appealing to a wide audience.Teatime Games Inc. was founded in 2017 and operates from Reykjavik, Iceland. The company specializes in developing mobile games, with a focus on creating multiplayer experiences. In May 2018, the company secured USD 7.4 million in Series A funding, co-led by Index Ventures and Atomico. The total amount raised by the company to date is USD 7.4 million, reflecting its growing potential in the gaming market.Teatime Games Inc. designs and develops mobile games that emphasize social interaction and connectivity among players. Their products are aimed at enhancing user engagement through innovative game mechanics and vibrant graphics. The company targets both casual and dedicated gamers, ensuring a diverse range of gaming experiences that cater to various player preferences and skill levels.In the most recent financial year of 2019, Teatime Games Inc. reported revenues of USD 3,189,697.50, with an EBITDA of USD 133,045.60, indicating its operational viability within the competitive gaming industry.Teatime Games Inc. plans to launch several new gaming titles aimed at expanding its audience base and enhancing user engagement. The funding from the recent Series A round will be allocated towards developing these new products and improving the technology behind their games. Additionally, the company is exploring opportunities to enter new geographical markets, which may include regions in North America and Europe, to further broaden its reach by 2025.

## Funding rounds

- Series A, May 16, 2018, $7.4M — Index Ventures, Atomico
- Seed, Sep 27, 2017, $1.6M — Index Ventures

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed, Series A
- Atomico (https://capitalatlas.ai/funds/atomico) — Series A