FRVR Limited Asset Profile

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Year established

2014

Location

Valletta Malta

Primary Industry

Software

About

Founded in 2014 by Brian Meidell and Chris Benjaminsen, and based in Naxxar, Malta, FRVR Limited operates as a gaming distribution platform for mobile phones, tablets, and browser-based games. In August 2024, FRVR Limited raised USD 12.7 million in venture funding led by Iberis Capital, with participation from other investors Indico Capital Partners, and Lince Capital. FRVR is a platform company that collaborates with game developers and studios to create and distribute games across various open and closed channels. FRVR provides content, expertise, and technology to expand game distribution beyond traditional app stores, allowing partners to integrate gaming channels into their environments. The platform offers a wide variety of games, including titles like Bubble Shooter FRVR, Krunker FRVR, Golf Gardens FRVR, etc. The company intends to use the August 2024 funding to enhance the game creation and distribution platform to advance the AI engine for personalized gaming experiences.

Current Investors

Accel, Makes Fund, Hiro Capital

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Primary Industry

Software

Sub Industries

Gaming, Application Integration Software

Website

www.frvr.com/

Verticals

Artificial Intelligence, Cloud Computing, Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Dec 2018

1,946,502

(1,956,964)

(100.5%)

31 Dec 2019

2,780,907

42.9%

(1,316,055)

(47.3%)

31 Dec 2020

31 Dec 2021

31 Dec 2022

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