Black Tie Ventures is a developer of social casino games founded in July 2013.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Quebec
State: Quebec
Zip:
Country: Canada
Black Tie Ventures is a developer of social casino games founded in July 2013 to claim a stake of the $2.5 Billion Social Casino Industry. In less than 7 months, the company has already developed and market-tested a prototype of its flagship Pink Martini Casino product on the Facebook Platform. These tests successfully demonstrated that the company could: 1. Acquire players for less than what was forecasted 2. Monetize these players as forecasted Aside from the founders&s; own investment and sweat equity, the Company raised a first round of $150,000 in December 2013 to get to where it is. The company is currently seeking $250,000 to complete the product, and launch it on Facebook. The company will then be raising an additional $650,000 to port the product to iOS and launch an aggressive player acquisition campaign. The founders will inject an additional $50,000 as part of Round 2 and a Round 1 investor has committed to investing an additional $100,000 in Round 3. Black Tie Ventures was was founded by interactive entertainment veterans David and Ron Weiser. Both have been in the digital content industry for over 20 years. Aside from having the production and design skills require to develop products, the team has rich social community management skills that will allow them to grow, maintain, and monetize the Pink Martini Casino Player base.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2013 | Angel Round | $142.4k | 4/2015 | Angel Round | $57k | 8/2014 | Angel Round | $320.7k | 8/2016 | Seed Round | - | 4/2014 | Angel Round | $181.3k | 8/2016 | Seed Round | - |
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