Helika raises $8 million for the development of analytics in Web3 games

Helika raises $8 million for the development of analytics in Web3 games

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by Max Nevskyi

3 years ago

Helika successfully completed a Series A funding round, raising $8 million. The company, a leading provider of data and infrastructure for both traditional and Web3 games, received support from Pantera Capital, a leading blockchain venture fund, as well as Sparkle Ventures, Diagram Ventures, and Sfermion. The round also included executive directors from major Web2 gaming studios, including Scopely and SciPlay.

Helika offers a comprehensive suite of products providing advanced analytics both on and off the blockchain, tools for LiveOps, and A/B testing aimed at increasing studio profitability. The funds raised will be used to launch Helika's AI-based game management products, aimed at stimulating profitable user acquisition and increasing engagement in both traditional and Web3 games.

Franklin Bi, a partner at Pantera Capital, highly praised Helika's innovative solutions for analyzing and growing Web3 user activity, highlighting the company's strong client base consisting of leading gaming studios and Web3 consumer brands. Helika demonstrates rapid revenue growth, exceeding seven figures in less than a year, thanks to a team of industry veterans with over 35 years of combined experience in gaming, analytics, and AI.

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