According to Ibrahim Jabary, CEO of Gamelearn, the entry of Kibo Ventures brings to the project "a wealth of experience and a deep knowledge of international markets" and represents "the boost we needed to achieve the strategic objectives set by the company". With this investment, Gamelearn aims to double its turnover again in 2017 with the clear objective of "continuing to be the world reference in the development of video games and training simulators".
Gamelearn, corporate finance analysis
Founded in 2007 in Madrid, this company has a game-based learning platform to train employees in a total of 26 management skills such as negotiation, leadership, time management and customer service. The company has clients in more than 50 countries.
In recent years, Gamelearn has become the most awarded game-based learning platform in the world (it received 9 international awards in 2016 alone) and is in a privileged position to lead a market that is currently the fastest growing in the corporate training sector.
Since 2014 Gamelearn has been doubling its sales every year, and this year 2017 is expected to double again. The new round, led by Kibo Ventures will help them to strengthen their international presence in the markets of Mexico, the United States, the United Kingdom, France and Germany.
This is the first round the company has closed. Kibo Ventures highlights Gamelearn's product, the global spirit since its foundation and very strong unit economics in a particularly attractive market.
The market for video games for training
Other posts that may interest you
Social Point, Spanish videogame company bought by American Take-Two
Odilo, a Spanish digital content management company for libraries, raises €6M
If you are looking for investors, you want to buy and selling a companyplease contact us. Abra-Invest has a team of experts in each area at your disposal. Call +34 946424142 or fill in the contact form.
