|Description||Gaming social network|
|Series A, 3/2007 |
|Series B, 8/2007 |
|Series B, 4/2008 |
|Series C, 7/2013 ||$10M|
Kongregate is a casual gaming social network where gamers can gain ranking and earn awards. The site allows developers to upload their games and share in revenues (25-50%) from the ads displayed around the games. Kongregate promotes developers to upload new games by having “game of the week” contests.
Kongregate pays skilled developers between $20,000-80,000 to create premium games to provide their community with quality games. Each premium game comes with a free version that can be upgraded to paid premium version.
Competitors include Miniclip.
Video by Robert ScobleAdded: 2/10/08
Kongregate’s pitch from TechCrunch Elevator PitchesAdded: 6/4/08