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Bring It On has raised $4 million in seed funding to make skill-based games including its flagship title Road Trip Bingo.
Acies Investments led the round with participation from Kona Venture Partners, My.Games Venture Capital (MGVC), Overwolf, Lalotte Ventures and angel including Marc Alloul, Gilad Almog, Mike Vorhaus, and Sebastien Borget.
The funding will be used to further develop the company’s flagship game, Road Trip Bingo, which lets players to compete against each other and win real cash prizes. Such games are legal in around 40 states in the U.S. Road Trip Bingo is now available in the iOS app store. Players place a wager and play competitively against each other.
The company released a version of the game within four months, and it started generating revenues in the first year of development, said Leonard Frankel, CEO of Bring It On, in an interview with GamesBeat.
“We see so much potential in the skill games market. It’s really in its infancy right now,” Frankel said. “There are already successes in this field of games. But a lot of the games are focusing on a relatively basic experience for the player. And we find a lot of room to innovate and provide deep meaningful entertainment to players.”
He added, “Even when real money’s involved, people still like to be entertained. So I think there’s huge opportunity to further develop the skill games market and specifically create a huge universe inside of Road Trip Bingo.”
Road Trip Bingo introduces multiple sector-first features including a progression metagame, daub tools, and innovative, new standard-setting game types. The game has already attracted a
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