Agave, the startup behind Find the Cat, finds $18M [TechCrunch]
Applovin Corporation - Class A (APP)
Company Research
Source: TechCrunch
Agave Games , the creator of Find the Cat, will be using the Series A to build out the team and to work on future titles, starting with at least two more in the next year. The funding comes at a time when casual mobile games — word puzzles, physical puzzles, number puzzles, farm-building, and the rest — continue to rake in huge audiences and revenues. Find the Cat crossed 10 million downloads in its first quarter of life (it was only released in August). “It's the next Tripledot,” said one investor, in reference to the hit casual mobile game maker that has itself raised tons of money at a big valuation Felix Capital and Balderton Capital are co-leading this round with E2VC participating. All three were already investors: Balderton had also led Agave's seed round, which also happened to include Akin Babayigit, co-founder of Tripledot Studios. Agave has now raised $25.5 million and its post-money valuation is in the region of around $100 million. A lot of the biggest games start
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APP
Earnings
- 11/6/24 - Beat
APP
Sec Filings
- 12/23/24 - Form 4
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- APP's page on the SEC website