# WorldWinner

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

- Industry: Internet
- Headquarters: Newton, US
- Website: www.worldwinner.com
- Total disclosed funding: $9.2M
- Latest round: Series C (Nov 15, 2002)
- Investors on record: 4

## About

WorldWinner operates in the online gaming sector, providing a platform where users can compete in skill-based games for real cash prizes, enhancing user engagement through fair competition and diverse game offerings.Founded in 1999 and headquartered in Newton, US, WorldWinner offers a competitive online gaming platform. The company was acquired by FUN Technologies, Inc. in March 2006 for USD 23 mn. The leadership includes CEO M Tanaka and Phil Milward. WorldWinner has successfully completed 2 funding deals during its operational history.WorldWinner operates within the online gaming industry, offering a platform for users to engage in skill-based games for real cash prizes. It features over 20 games including puzzles, card games, and casino-style offerings, facilitating head-to-head and multiplayer tournaments. The platform focuses on matching players of similar skill levels to ensure fair competition and a quality gaming experience, serving both casual players and serious competitors across North America and parts of Europe.WorldWinner generates revenue primarily from entry fees collected from players entering cash tournaments. Users deposit funds to compete, with a percentage of these fees contributing to overall revenue. The B2C transaction model directly engages users, enhanced by promotional incentives for new registrants, maintaining a consistent flow of transactions as players strive for cash prizes.WorldWinner's future growth strategy includes the development of new gaming products and potential expansion into additional geographic markets. Following the acquisition by FUN Technologies, the company may leverage recent funding to enhance its platform and broaden its reach. The latest funding round on March 20, 2006, raised USD 23 mn, which is expected to support these growth initiatives.

## Funding rounds

- Series C, Nov 15, 2002, $9.2M — Benchmark, HarbourVest Partners, Zero Stage Capital, Converge Venture Partners

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series C
- HarbourVest Partners (https://capitalatlas.ai/funds/harbourvest-partners) — Series C
- Zero Stage Capital (https://capitalatlas.ai/funds/zero-stage-capital) — Series C
- Converge Venture Partners (https://capitalatlas.ai/funds/converge-venture-partners) — Series C