Photo source: www.aristiegler.com

Flux Capital led a multimillion-dollar fundraising round to revolutionize fast-casual gaming monetization.

Flux Capital Managing Partner Ari Stiegler announced this week that his firm completed a $2 million round of financing for Triumph Labs. This company enables app developers to monetize fast casual games through real cash competitions. Flux Capital, which prioritizes strategic investments in winner-take all-markets, led two rounds over a series of 5 months.

“Flux Capital is proud to have led Triumph Labs’s latest financing round,” said Stiegler. “Triumph’s API is the perfect model for bringing integrated monetization to the nearly one million fast casual games in the iPhone ecosystem. Triumph’s proven approach to monetization and dedication to fairness has positioned it as a leader in this burgeoning market, and we look forward to working with its team to expand its offerings to new gaming verticals and consoles.”

Founded by Jake Brooks and Jared Geller, Triumph Labs brings a high-quality integration of real cash competitions into players’ favorite fast-casual mobile games. Its novel API, designed to replace or augment existing monetization channels, allows players to securely wager funds on the outcomes of thousands of mobile games. Triumph’s software provides anti-cheating mechanisms, fair matchmaking services, and seamless tournament infrastructures to create a safe environment for all players.

Triumph’s API can be integrated into mobile apps in as little as an hour and drive up to 10-times greater gameplay monetization for developers. Its SDK handles tournament hosting, matchmaking, payment, arbitration, and compliance with no additional configuration. Triumph’s product complies with local and federal gambling regulations as a skill-based gaming platform.

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Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.

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