The gaming industry is witnessing a groundbreaking development as Fungies.io, a visionary startup, announced the successful closure of its PreSeed round, securing investments from top-tier firms including CV VC, Depo Ventures, Necto Labs, StartupYard, Czechfounders.VC, Outlier Ventures, and Tatum. With a mission to empower indie gaming studios and revolutionize the self-publishing experience, Fungies.io is poised to become the Shopify of gaming.
A New Era for Indie Game Developers
In today’s gaming landscape, indie game studios have been facing significant challenges in establishing their Web Shops and selling their games directly to players. Fungies.io aims to change that by offering a no-code SaaS platform that allows game developers to create their customizable Web Storefronts within minutes based on the company’s press release.
By eliminating the need for third-party intermediaries like Steam, the platform gives studios full control over their distribution channels, helping them maximize profits and reduce costs.
Disrupting the Gaming Commerce Industry
The gaming industry has witnessed an unprecedented surge in recent years, with over 3.22 billion people worldwide engaging in gaming activities. With a projected growth rate of 7.89% between 2023 and 2027, the global video games market is set to reach a staggering $521.6 billion by 2027.
The indie gaming sector, in particular, is experiencing a remarkable boom. According to the latest data, it now has more than 1,200 games released daily by over 50,000 developers and publishers.
Empowering Studios to Maximize Revenue
One of the primary ways Fungies.io aims to disrupt the gaming commerce industry is by allowing studios to bypass hefty commissions charged by traditional incumbents. By selling directly through their Web Shops, game developers can retain more revenue, ensuring a more sustainable and profitable business model.
Via a seamless integration with Stripe, Fungies.io provides players with diverse payment options, making the purchasing process smooth and convenient.
Extensive Customization and Integration
Fungies.io distinguishes itself by offering an extensive range of customization options for Web Storefronts. From color schemes to fonts and layouts, studios can create a unique and engaging shopping experience for their players.
Moreover, the platform integrates seamlessly with popular third-party apps such as Mailchimp, Zapier, and Intercom, allowing game developers to broaden their marketing reach and efficiently promote their games to players.
Consolidating Game Offerings and Community Management
With Fungies.io, studios gain access to critical customer data, including email addresses and purchasing behavior. This functionality empowers them to manage their own communities and consolidate their game offerings in one place, making it easier to upsell new games to their existing player base.
The platform’s user-friendly templates and integration with marketing tools further streamline the process of reaching and engaging players.
A Promising Future for Fungies.io
As the gaming commerce industry continues to grow, Fungies.io is on a trajectory to become a game-changer for indie game studios. With a clear focus on supporting mobile game developers in selling in-game items, assets, and currencies through their Web Shops, the company is tapping into a market with immense potential.
Through a dedicated team based in Poland and a US incorporation with an office in Palo Alto, Fungies.io is set to launch its platform by the end of September 2023 and onboard 2,000 game developers and publishers within the next year.
Final Thoughts
Fungies.io is poised to reshape the gaming commerce landscape with its innovative self-publishing platform. By empowering indie game studios with the tools they need to succeed and offering unique benefits to players, Fungies.io is on a path to becoming a key player in the gaming industry’s evolution.