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Lootcakes raises $2 mn seed funding led by Konvoy Ventures

Lootcakes, the world’s first network devoted to spenders in free-to-play games, announced that it has raised a $2 million seed funding led by Konvoy Ventures. The company will use the funds to develop and release a Lootcakes consumer mobile app to sit alongside its current web-based service. Lootcakes’ ability to help players recapture the value of their spending data is what resonated with our team. We are excited to support Matt and the rest of the team as they continue to reward more players and launch in new geographies,” said Konvoy Ventures Managing Partner, Jason Chapman. Lootcakes is currently working on eight titles ranked within the US top 100 grossing games on the App Store and/or Google Play.

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