# TerraXML

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

- Industry: Software
- Headquarters: Lafayette, US
- Website: www.terraxml.com
- Total disclosed funding: $0.5M
- Latest round: Series A (Jul 23, 2007)
- Investors on record: 1

## About

TerraXML, Inc. specializes in providing online slot gambling services, offering a diverse range of slot games tailored to various player preferences, enhancing user engagement through unique themes and bonuses.Founded in 2007 in Lafayette, US, TerraXML, Inc. focuses on online slot gaming. The company raised USD 0.5 million in Series A funding from Aweida Venture Partners in July 2007, valuing it at USD 1.16 million post-money. There are no details available regarding changes in business operations or the presence of subsidiaries.TerraXML primarily offers online slot gambling services through its platform, which features a variety of slot games catering to different player preferences. The user-friendly interface allows access to various games, each embedded with unique themes, mechanics, and potential rewards. Their offerings include bonuses such as welcome bonuses for new players, cashback options, and free spins, enhancing user engagement and retention. The company targets a broad customer base across Southeast Asia, particularly in Indonesia, where online gambling has experienced significant growth. Players of all levels, from beginners to seasoned gamblers, utilize these offerings for entertainment and the potential to win monetary rewards.TerraXML generates revenue primarily through the transactional nature of online slot gaming, where players place bets on various games available on the platform. The company favors direct-to-consumer transactions, allowing players to deposit funds and wager easily. Each transaction involves purchasing credits to participate in games through various payment methods like bank transfers or e-wallets. The revenue model includes subscription-like features, where players may engage with loyalty programs or promotional offers that incentivize repeat play. TerraXML's flagship offerings, which include high-variance slot games and progressive jackpots, contribute significantly to the overall gambling experience, attracting users eager for substantial winnings.TerraXML's most recent funding round occurred in July 2007, raising USD 0.5 million in Series A funding, which values the company at USD 1.16 million post-money. The company is focused on developing new products and enhancing its platform to attract a broader audience. Plans to expand into new geographic regions are being considered, with a particular interest in Southeast Asia, where online gambling continues to grow. The funds from the recent Series A round will be utilized to support these growth initiatives.

## Funding rounds

- Series A, Jul 23, 2007, $0.5M — Aweida Venture Partners

## Investors

- Aweida Venture Partners (https://capitalatlas.ai/funds/aweida-venture-partners) — Series A