World Golf Tour

SoftwareSeries CSan Francisco, USwgt.com

Latest round

Series C

Last raised

Nov 2012

Total raised

$18M

Investors

3

About World Golf Tour

World Golf Tour (WGT) was founded in 1975 and is headquartered in San Francisco, US. It specializes in creating a realistic online golf gaming environment. In January 2016, the company was acquired by Topgolf International Inc for an undisclosed amount. The founder's history and previous ventures are not publicly available.World Golf Tour (WGT) specializes in providing a highly realistic online golf gaming experience, utilizing advanced GPS and 3D technology. Their core product is a free-to-play online golf game that features over 20 world-renowned golf courses, such as Pebble Beach and St. Andrews, allowing users to engage in realistic gameplay that simulates swinging, driving, chipping, and putting in various conditions. The game is accessible across multiple platforms, including Windows PC, Mac, and mobile devices (iOS, Android, and Amazon), which broadens its reach to a diverse customer base estimated at over 15 million players globally. WGT caters to golf enthusiasts looking for an immersive experience, offering additional features like a Pro Shop for upgraded virtual golf clubs and balls from top manufacturers, and a head-to-head multiplayer mode that fosters engagement among players.WGT's revenue model is primarily driven by the sale of virtual goods within its gaming platform, including premium items available in the Pro Shop. Players may purchase virtual golf clubs and balls, enhancing their gameplay experience. The company operates on a direct-to-consumer basis, allowing users to make purchases through the game, which facilitates a seamless transaction process. Revenue is generated as players invest in upgrades and enhancements to their gaming experience, contributing to the overall financial health of the platform.Future growth plans for World Golf Tour include the continued development of new features and products, although specific upcoming launches have not been detailed. The company is currently focusing on expanding its market reach, particularly within North America, Europe, and Asia. The acquisition by Topgolf International Inc may also provide new opportunities for collaboration and expansion in the gaming and entertainment sectors.

Who invested in World Golf Tour

3 investors across 4 rounds

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Funding rounds

  1. Series C

    Nov 20, 2012

    Amount

    $0.1M

    Investors

    Locked

  2. Series C

    Aug 3, 2009

    Amount

    $10M

    Investors

    Locked

  3. Series B

    May 2, 2008

    Amount

    $8M

    Investors

    Locked

  4. Series A

    Apr 10, 2007

    Amount

    Undisclosed

    Investors

    Locked

Questions about World Golf Tour

Who invested in World Golf Tour?

World Golf Tour has 3 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has World Golf Tour raised?

World Golf Tour has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did World Golf Tour last raise money?

World Golf Tour's most recent round on record is a Series C, in Nov 2012.

What does World Golf Tour do?

World Golf Tour (WGT) was founded in 1975 and is headquartered in San Francisco, US.

Where is World Golf Tour headquartered?

World Golf Tour is headquartered in San Francisco, US.

Which VCs invest in companies like World Golf Tour?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at World Golf Tour's stage. Their profiles are linked below.

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