Outfit7 Raises $1B in Private

Outfit7 has successfully raised $1B in a Private at a $2B valuation led by Private.

Company Overview

Outfit7 is a Gaming company headquartered in Teslova ulica 30, Ljubljana, Slovenia, founded in 2009 with 500+ employees.

Mobile game developer

Fundraising Details

• Amount Raised: $1B
• Round Type: Private
• Valuation: $2B
• Date: 2024-01-01
• Investors: Private

About Outfit7

Mobile game developer The company is positioned in the Gaming sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Teslova ulica 30, Ljubljana, Slovenia
• Founded: 2009
• Team Size: 500+
• Industry: Gaming

What This Means

This funding round demonstrates strong investor confidence in Outfit7's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Gaming sector continues to attract significant investment as companies innovate to meet evolving market demands. Outfit7's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $2B valuation marks an important milestone for Outfit7, positioning the company among notable players in the Gaming industry.

Looking Ahead

With this new capital, Outfit7 is well-positioned to execute on its growth strategy and continue building innovative solutions in the Gaming space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-01. For more information about Outfit7, visit their headquarters at Teslova ulica 30, Ljubljana, Slovenia.