Casual games platform Frvr games have today announced that they have raised a whopping $76 million in a funding round that was led by Hiro Capital, in the hopes that it will help them build and progress in their area of expertise.
Frvr is known for hosting casual games, such as easy to play puzzle games or card games like Solitaire – those relaxed games that you’ll usually find one of your parents playing on their phone. They hope to invest the money into securing more “high-quality” titles for its platform and have gained contributions from Accel and Makers Fund as well to help with the money side of things.
If you don’t know about Frvr games, then here’s some background on them. Founded in 2017 by Chris Benjaminsen, the former director of product and monetization over at Yahoo, and his co-founder Brian Miedel (who was once the founder of the former Cape Copenhagen studio). The company specializes in HTML games that can be played from your browser or on mobile, and have a huge catalog of titles attached to their name, which seem to be popular seeing as they have reached 1.5 billion players since the company’s launch date.
Way back in 2018 (yes, it does feel that long ago), Frvr raised $3 million in a seed round that was led by a group of investors, namely Accel, Makers Fund, and Angel Investors. The hope from this raised money was to enter the Asian markets, as well as several other world markets to hopefully expand their brand to less supported countries. It was only last year that Hiro Capital announced they had invested $6.4 million, which was to split across Frvr Games and developer Twin Suns Corp.
The expansion of games in this modern age has resulted in several companies like Frvr struggling to tread water, but an investment as big as this will go a long way to helping this gaming platform soar high once again.