Candivore Overview
Candivore is the developer of Match Masters, a competitive match-3 puzzle game. The game combines skill, luck, and new game elements to create a unique player experience. The players can participate in tournaments and win prizes.
Cumulative Funding Raised Over Time ($)
$100.0MAug 2023
$112.0MFeb 2021
$122.0MMay 2022
Latest News
growth-positive
Haveli invests $100m in Israeli mobile games co Candivore
US private equity firm Haveli Investments has acquired a minority interest in Israeli mobile games company Candivore for $100 million. The investment will be funded from Haveli VC Gaming Fund I, L.P. Candivore, known for its hit multiplayer match-3 puzzle game Match Masters, has seen over 50 million downloads and generated more than $300 million in revenue. The investment will enable Candivore to further grow Match Masters in the US and beyond and bring additional games to market over time.
InvestmentAcquisition
growth-positive
Gaming startup Candivore raises $10 million to build on Match Masters success CTech
Israeli gaming startup Candivore has raised $10 million in a funding round led by Vgames and Tiger Global Management. This brings the total fundraising to $22 million. Candivores mobile game, Match Masters, has over 30 million downloads and 5 million monthly active users. The funding coincides with an upcoming ad campaign in the UK featuring Robbie Williams and Vinnie Jones. Match Masters is a PvP competition game that generates significant revenue, earning $7 million in March 2022. The CEO of Candivore expressed excitement about the partnership with Vgames and the opportunities for growth in the mobile gaming market.
Investment
Growth-Positive
The 50 most promising Israeli startups - 2022 | CTech
The article discusses the growth and potential of various Israeli startups in 2021. It highlights the significant increase in investments in these startups, with over $25 billion raised in 2021, compared to $6.5 billion in 2018. The article also emphasizes the importance of sustainable business models and actual revenue generation for these startups. Some of the startups mentioned include Optibus, Trigo, Ramon.Space, Connecteam, Candivore, ActiveFence, Artlist, StreamElements, and Empathy. These startups operate in diverse sectors such as public transportation, retail technology, space industry, HR-Tech, gaming, digital content protection, digital assets, live video broadcasts, and bereavement support.
InvestmentExpand
growth-positive
Candivore raises $12 million to boost Match Masters puzzle game
Candivore, the creator of the mobile game Match Masters, has raised $12 million in funding. Match Masters is a match-3 puzzle game with a competitive player-vs.-player twist. The game has over a million monthly active users and is a popular subgenre in the U.S. iPhone game market. Candivore was formed by the founders of Funtomic, who bought back the Match Masters game after it was discontinued by Azerion. The funding will be used for user acquisition. The companys mission is to create positive gaming experiences, and they do not plan to start new projects or significantly grow the team in 2021.
InvestmentPartners
| Sector | Media & Entertainment Technologies |
Funding
| Total funding | $122M |
| Last funding | $100M |
| Stage | E |
| Rounds | 3 |
| Investors | 5 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | www.candivore.io |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Ibe Gabirol Street 30, Tel Aviv-Yafo, Israel
Photos & Videos
1 item(s)
Candivore Business
Business models
B2C, B2B2C
Product stage
Released
Employees
51-200
Sector
Media & Entertainment TechnologiesDigital Content Engagement & EntertainmentTarget Customer
ConsumersCore Technology
Platforms & InterfacesMobileTags (3)
gamesmobile-gamesgame-developmentGeographic Markets
GlobalUnited KingdomCandivore Financials
$122M
Total funding
Undisclosed
Capital raised
$100M
Last funding
E
Funding stage
3
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$100.0MAug 2023
$112.0MFeb 2021
$122.0MMay 2022
Private Equity Funding
E Round
Aug 2023
$100M
Haveli (Lead)
,
Union Tech Ventures, O.G. Venture Partners
E Round
May 2022
$10M
VGames, Tiger Global Management
D Round
Feb 2021
$12M
VGames (Lead)
,
O.G. Venture Partners
Candivore Lifecycle
Cumulative Funding Raised Over Time
$100.0MAug 2023
$112.0MFeb 2021
$122.0MMay 2022
All Events
E Round
Aug 2023
$100M
Haveli (Lead)
,
Union Tech Ventures, O.G. Venture Partners
E Round
May 2022
$10M
VGames, Tiger Global Management
D Round
Feb 2021
$12M
VGames (Lead)
,
O.G. Venture Partners
Candivore News
4 articles
growth-positive
Haveli invests $100m in Israeli mobile games co Candivore
US private equity firm Haveli Investments has acquired a minority interest in Israeli mobile games company Candivore for $100 million. The investment will be funded from Haveli VC Gaming Fund I, L.P. Candivore, known for its hit multiplayer match-3 puzzle game Match Masters, has seen over 50 million downloads and generated more than $300 million in revenue. The investment will enable Candivore to further grow Match Masters in the US and beyond and bring additional games to market over time.
InvestmentAcquisition
growth-positive
Gaming startup Candivore raises $10 million to build on Match Masters success CTech
Israeli gaming startup Candivore has raised $10 million in a funding round led by Vgames and Tiger Global Management. This brings the total fundraising to $22 million. Candivores mobile game, Match Masters, has over 30 million downloads and 5 million monthly active users. The funding coincides with an upcoming ad campaign in the UK featuring Robbie Williams and Vinnie Jones. Match Masters is a PvP competition game that generates significant revenue, earning $7 million in March 2022. The CEO of Candivore expressed excitement about the partnership with Vgames and the opportunities for growth in the mobile gaming market.
Investment
Growth-Positive
The 50 most promising Israeli startups - 2022 | CTech
The article discusses the growth and potential of various Israeli startups in 2021. It highlights the significant increase in investments in these startups, with over $25 billion raised in 2021, compared to $6.5 billion in 2018. The article also emphasizes the importance of sustainable business models and actual revenue generation for these startups. Some of the startups mentioned include Optibus, Trigo, Ramon.Space, Connecteam, Candivore, ActiveFence, Artlist, StreamElements, and Empathy. These startups operate in diverse sectors such as public transportation, retail technology, space industry, HR-Tech, gaming, digital content protection, digital assets, live video broadcasts, and bereavement support.
InvestmentExpand
growth-positive
Candivore raises $12 million to boost Match Masters puzzle game
Candivore, the creator of the mobile game Match Masters, has raised $12 million in funding. Match Masters is a match-3 puzzle game with a competitive player-vs.-player twist. The game has over a million monthly active users and is a popular subgenre in the U.S. iPhone game market. Candivore was formed by the founders of Funtomic, who bought back the Match Masters game after it was discontinued by Azerion. The funding will be used for user acquisition. The companys mission is to create positive gaming experiences, and they do not plan to start new projects or significantly grow the team in 2021.
InvestmentPartners
Candivore Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 119 |
| Team members | 5 |
Similar Companies
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Candivore Internal
Recent Updates
No update log entries.
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Admin Info
| Confidence | 92/100 |
| Missing | description, markets |
| BI Verification | Hilla Gorokhovsky |
| Registrar ID | 515788867 |
| Crunchbase | candivore |
| Creator | Maor Perlov |
| Creator email | maorperlov@gmail.com |
| Last updater | Matan Eblagon |
| Updater email | matane@sncentral.org |
| Last update | 2023-08-14T00:00:00.000Z |
| Created | 2019-12-02T00:00:00.000Z |
| Claimed | Yes |