# Two Bit Circus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/two-bit-circus

- Industry: Travel & Leisure
- Headquarters: Los Angeles, US
- Website: www.twobitcircus.com
- Total disclosed funding: $22M
- Latest round: Series B (Jan 19, 2017)
- Investors on record: 6

## About

Two Bit Circus, Inc. is an innovative entertainment company that creates immersive experiences through interactive gaming and advanced technology, offering unique entertainment options for diverse audiences.Founded in 2012 in Los Angeles, US, Two Bit Circus, Inc. focuses on providing immersive entertainment experiences. The company was co-founded by Brent Bushnell and Nancy Bennett, both of whom have backgrounds in technology and entertainment. As of September 2020, Two Bit Circus raised USD 1.5 mn in venture funding, which represents the total amount raised over four funding deals, aimed at expanding their reach in the entertainment industry.Two Bit Circus specializes in immersive entertainment experiences, combining advanced technology and interactive gaming for diverse audiences. Their core offerings include virtual reality (VR) activities, arcade games, and Storyrooms, which provide engaging environments for group interactions and competition. These experiences foster social connections and create memorable moments among friends, families, and corporate groups. The target customer base includes local residents, tourists, and event organizers seeking unique venues for gatherings in metropolitan areas, with services tailored to attract a broader market from major urban centers across the United States.Revenue generation at Two Bit Circus is primarily driven by direct-to-consumer transactions, where guests pay for access to various gaming experiences and activities. Customers can purchase tickets for individual gameplay, offering flexibility in how they engage with the venue. The company also facilitates group events, allowing for private bookings that enhance revenue through larger parties. Pricing plans are structured around the duration and type of experiences offered, with potential discounts for group reservations, supporting a range of client needs including corporate events and social gatherings.In September 2020, Two Bit Circus, Inc. raised USD 1.5 mn in venture funding. This funding is intended to support the development of new immersive entertainment products and expand into new geographic markets. The company aims to explore opportunities in cities beyond Los Angeles, targeting areas with a high concentration of potential visitors and event organizers. Future product launches are in the design phase, with expectations to enhance their offerings and attract a wider audience.

## Funding rounds

- Series B, Jan 19, 2017, $15M — Intel Capital, Foundry Group, Techstars, Dentsu Ventures, JAZZ Venture Partners, Georgian Pine Investments
- Series A, Oct 28, 2015, $6.5M — Intel Capital, Foundry Group, Techstars

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A, Series B
- Techstars (https://capitalatlas.ai/funds/techstars) — Series A, Series B
- Dentsu Ventures (https://capitalatlas.ai/funds/dentsu-ventures) — Series B
- JAZZ Venture Partners (https://capitalatlas.ai/funds/jazz-venture-partners) — Series B
- Georgian Pine Investments — Series B