# Tipspace

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

- Industry: Software
- Headquarters: Brazil
- Website: www.tipspace.gg
- Total disclosed funding: $3M
- Latest round: Seed (Oct 4, 2022)
- Investors on record: 1

## About

Based in Goiania, Brazil, and founded in 2021 by CEO Joao Sobreira, Djary Veiga, and Henrique Oliveira, Orbi Gaming Ltda., d.b.a. Tipspace is a gaming company that develops computer games, enabling gamers to monetize their matches and create new game modes on competitive games. In October 2022, Orbi Gaming Ltda. raised USD 3 million in venture funding led by Upload Ventures.

The company provides a gaming software application installed on a computer where the games operate through a local API (application programming interface). The application allows gamers to create an account and connect to the game account, and select other players with whom they are willing to play. The software application further matches gamers with a proprietary algorithm to pair up close-level players.

Tipspace generates revenue from charging at least BRL 0.50 from gamers for playing the game, which gets increased to about 8% of the total amount of the game.

The company plans to use its proceeds from October 2022 funding for international expansion, as well as the conquest of more than 500,000 users by the end of 2023

## Funding rounds

- Seed, Oct 4, 2022, $3M — Upload Ventures

## Investors

- Upload Ventures — Seed