# UAB Helis Play

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/uab-helis-play

- Industry: Internet
- Headquarters: Vilnius, Lithuania
- Website: www.eneba.com
- Total disclosed funding: $10M
- Latest round: Series A (Oct 1, 2020)
- Investors on record: 3

## About

UAB Helis Play operates as a digital marketplace specializing in video games, gift cards, and in-game top-ups, emphasizing affordable solutions for gamers worldwide.Founded in 2018 and headquartered in Vilnius, Lithuania, UAB Helis Play functions primarily as a digital marketplace for gaming products. The company raised EUR 6.5 million in SERIES A funding in October 2020, co-led by Practica Capital and FJ Labs. The firm has conducted a total of 2 deals, with its latest funding round representing the total amount raised. The CEO is Vytis Uogintas, while Žygimantas Mikšta is the founder.UAB Helis Play operates Eneba, a digital marketplace for video games, gift cards, and various in-game top-ups. It offers game keys for platforms like Steam, Xbox, and Windows, as well as digital gift cards for services including Razer Gold and Nintendo eShop. The platform is designed to provide consumers with access to competitively priced gaming products, enhancing the overall gaming experience across a global customer base.In 2022, UAB Helis Play reported a revenue of EUR 28,987,767.20 and an EBITDA of EUR 4,566,671.20, primarily driven by direct-to-consumer transactions through its online platform where customers purchase digital products and services.Following the EUR 6.5 million raised in SERIES A funding in October 2020, UAB Helis Play plans to expand its offerings with new game keys and digital products targeted for release in the upcoming year. Additionally, the company aims to penetrate new markets in Asia and South America by the end of 2023. This funding will support the development of these new products and facilitate the necessary marketing efforts in the targeted regions.

## Funding rounds

- Series A, Oct 1, 2020, $7.6M — Practica Capital, FJ Labs, InReach Ventures
- Seed, Oct 21, 2019, $2.8M — InReach Ventures

## Investors

- InReach Ventures (https://capitalatlas.ai/funds/inreach-ventures) — Seed, Series A
- Practica Capital (https://capitalatlas.ai/funds/practica-capital) — Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A