Reworks Overview
- Year Founded
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2018
- Status
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Acquired/Merged
- Employees
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35
- Latest Deal Type
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M&A
- Latest Deal Amount
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$430M
Reworks General Information
Description
Operator of a game development studio intended to offer mobile-based home decoration and customization games. The company's game application is a fusion of home design applications and mobile games, bringing a creative hobby platform with realistic home decor, various patterns and colors, enabling users to play design challenges and connect with other interior design lovers.
Contact Information
Website
www.reworks.fiCorporate Office
- Runeberginkatu 5
- 00100 Helsinki
- Finland
Corporate Office
- Runeberginkatu 5
- 00100 Helsinki
- Finland
Reworks Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 31-Aug-2021 | $430M | Completed | Generating Revenue | ||
| 3. Early Stage VC (Series B) | 03-Mar-2021 | Completed | Generating Revenue | |||
| 2. Seed Round | 04-Mar-2019 | $4.54M | $5.28M | Completed | Generating Revenue | |
| 1. Seed Round | 15-Nov-2018 | $740K | $740K | Completed | Startup |
Reworks Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| A Shares | ||||||||
| Seed | 2,427,900 | $1.99 | $1.99 | 1x | $1.99 | 19.17% | ||
| Ordinary | 2,156,900 | $0.36 | $0.36 | 1x | $0.36 | 17.03% |
Reworks Comparisons
Industry
Financing
Details
Reworks Competitors (2)
One of Reworks’s 2 competitors is Voodoo, a Venture Capital-Backed company based in Paris, France.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Voodoo | Venture Capital-Backed | Paris, France | ||||
| Housemarque | Corporate Backed or Acquired | Helsinki, Finland |
Reworks Related Research & Analysis
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Majestic Referring Domains
Reworks Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Big Bets | Venture Capital | Minority | ||
| Business Finland | Government | Minority | ||
| EQT Ventures | Venture Capital | Minority | ||
| Play Ventures | Venture Capital | Minority |
Reworks FAQs
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When was Reworks founded?
Reworks was founded in 2018.
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Where is Reworks headquartered?
Reworks is headquartered in Helsinki, Finland.
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What is the size of Reworks?
Reworks has 35 total employees.
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What industry is Reworks in?
Reworks’s primary industry is Entertainment Software.
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Is Reworks a private or public company?
Reworks is a Private company.
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What is the current valuation of Reworks?
The current valuation of Reworks is .
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What is Reworks’s current revenue?
The current revenue for Reworks is .
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How much funding has Reworks raised over time?
Reworks has raised $14.8M.
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Who are Reworks’s investors?
, Big Bets, Business Finland, EQT Ventures, and Play Ventures are 5 of 6 investors who have invested in Reworks.
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Who are Reworks’s competitors?
Voodoo and Housemarque are competitors of Reworks.
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When was Reworks acquired?
Reworks was acquired on 31-Aug-2021.
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Who acquired Reworks?
Reworks was acquired by Playtika Holding.
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