# WOOMOO

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

- Industry: Internet
- Headquarters: Taipei, Taiwan - China
- Website: www.woomoo.in
- Total disclosed funding: $0.7M
- Latest round: Angel (Jul 22, 2014)
- Investors on record: 3

## About

Woomoo Inc. is an online gaming company specializing in immersive gaming experiences through innovative products like the JetX Casino Game, which merges arcade excitement with casino dynamics for users globally.Founded in 2012 by Shao-Kang Lee, Woomoo Inc. is headquartered in Taipei, Taiwan. The company focuses on developing online gaming platforms, initially launching its flagship product, JetX. In November 2016, Woomoo was acquired by Marvel, a portfolio company of Connect Ventures, Haatch, Index Ventures, and ustwo, for undisclosed financial terms. The company has participated in a total of 4 funding deals, with its latest being an Angel round in November 2016, raising USD 0.70 mn from investors including 500 Global, Amino Capital, and Golden Gate Ventures.The JetX Casino Game offers a unique online gaming platform that combines slot machine mechanics with arcade-style gameplay. Players navigate a spacecraft through obstacles, collecting rewards in a visually stunning environment. The game features a user-friendly interface, immersive sound effects, power-ups, and bonuses, making it appealing to both casual and experienced gamers. JetX is designed for a global audience, targeting markets in Europe, Asia, and North America.Woomoo’s revenue model for the JetX Casino Game emphasizes direct-to-consumer transactions through a pay-per-play structure. Players choose bet amounts and can earn coins and rewards to enhance their gameplay experience. This model encourages repeated engagement, as users unlock additional features and bonuses through milestones in the game. Revenue is driven by in-game purchases and sales of virtual currency, while partnerships with online casino platforms may provide additional income.Woomoo Inc. aims to expand its reach by designing upcoming features for the JetX game, though specific release dates for these new products have not been disclosed. The company is planning to enter new markets including expanded operations in Europe and Asia by late 2017, leveraging insights gained from player engagement metrics. The recent funding from the Angel round will support these initiatives, allowing for enhanced game development and market entry strategies.

## Funding rounds

- Angel, Jul 22, 2014, $0.7M — 500 Global, Golden Gate Ventures, Amino Capital
- Seed, Apr 24, 2013 — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Angel
- Golden Gate Ventures (https://capitalatlas.ai/funds/golden-gate-ventures) — Angel
- Amino Capital (https://capitalatlas.ai/funds/amino-capital) — Angel