Hiro Capital led the round, alongside existing investors Accel and Makers Fund, allowing FRVR to invest deeply in great teams and content.
In their latest round, FRVR has secured $76 million in funding that will be used to invest deeply in content for FRVR’s games platform.
FRVR has built a powerful and popular platform, with the company reaching over 1.5 billion players to date, and millions of active players per day on its platform.
”FRVR is at an exciting phase where the strength of their team and distribution network combined with a whole new level of game content, will rapidly grow their player base... With this funding we are confident that FRVR can bring world class content to a lot of new players.
Luke AlvarezFounding Managing Partner at Hiro Capital
FRVR plans to invest deeply in high-quality games for its platform to bring a whole new level of content to channels, in and beyond the app stores.
The company has spent the last year significantly expanding the team, building strong development and distribution partnerships, and bringing great games to the platform.
”We're excited to bring the full power of our existing platform and partnerships together with world class games and game teams, and to bring deeper experiences to our many distribution channels.
Brian MeidellCEO at FRVR
The round combines debt financing with equity investment by Hiro Capital, alongside Accel and Makers Fund.