Appcharge News
2 articles
growth-positive
Mobile games sales platform Appcharge raises $58m
Appcharge, an Israeli company specializing in a direct-to-consumer platform for mobile game publishers, has raised $58 million in a Series B funding round led by IVP, with participation from Playrix and other existing investors. This brings the total funding to $89 million. The company plans to use the funds to scale its platform and introduce new products to enhance customer engagement in the mobile gaming industry. Appcharge has experienced rapid growth, processing over $500 million in transactions and achieving a 14-fold increase year over year. The company has also launched new products, including an iOS Payments SDK and AppDirect, to support its DTC model.
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growth-positive
Mobile games D2C platform Appcharge nets $26 million Series A | CTech
Appcharge, a company specializing in Direct-To-Consumer platforms for mobile game publishers, announced a $26 million Series A funding round led by Creandum, with participation from Supercell, BITKRAFT Ventures, and others. This funding will help Appcharge scale its offerings to meet the growing demand from game studios aiming to increase revenue and player engagement. Appcharges platform enables mobile game publishers to sell virtual items directly to players, retaining up to 95% of revenue. The company powers web stores for major studios like Huuuge Games and AppLovin, processing over $200 million annually. This investment highlights the shift towards DTC models in the gaming industry, driven by regulatory changes and rising acquisition costs.
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