Company Overview
Snapshot
Founded in January 2021 by Nir Hauer, Yogev Regev, Or'el Sror, and Niv Nachmani, Ovio operates with 1–10 employees. The company has secured funding across one disclosed round, attracting investors AnD Ventures and appalgo. In November 2021, Ovio completed a Seed round.
Business overview
Ovio develops a mobile game platform designed for exchanging in-game currencies. Its core technology enables users to purchase in-game currency at significant discounts directly from web and mobile games. The platform facilitates the transfer of in-game currencies and assets across social networks, allows for the exchange of game currencies between different games, and supports their conversion into traded OviO tokens (OVO), which can then be used to exchange and mint non-fungible tokens. Ovio primarily serves the mobile gaming industry within the broader Media & Entertainment Technologies sector.
Strategic signal
In June 2023, Ovio announced a strategic integration with MagicCraft, a move that signals the company's focus on expanding its ecosystem and enhancing its value proposition within the gaming rewards landscape. This partnership demonstrates Ovio's ability to form alliances with other gaming platforms, potentially driving user acquisition and increasing the utility of its in-game currency exchange services.
Log in to access full profile ›Company Intelligence Q&A
- When was Ovio founded?
- Ovio was founded in January 2021 by Nir Hauer, Yogev Regev, Or'el Sror, and Niv Nachmani.
- What is Ovio's primary business?
- Ovio operates a mobile game platform that facilitates the exchange of in-game currencies, allowing users to buy, transfer, and convert digital assets across various games and into OviO tokens.
- What was a key strategic development for Ovio in 2023?
- In June 2023, Ovio announced a strategic integration with MagicCraft, aiming to revolutionize gaming rewards through their combined platforms.
- Which investors participated in Ovio's funding round?
- Ovio received funding in November 2021 from investors including AnD Ventures and appalgo.
- How does Ovio enable the exchange of in-game assets?
- Ovio's platform allows users to send in-game currencies and assets across social networks, exchange and transfer game currencies between different games, and convert them to OviO tokens for NFT exchange and minting.