VFX Pocket52 raised $1.75 million as series A funding from Gameskraft

Pocket52 raised $1.75 million as series A funding from Gameskraft

Pocket52, an online poker playing platform, has raised $1.75 million, as part of its Series A funding, from game publisher Gameskraft. Pocket52 will use the funds to enhance its technology framework, expand user base, and scale business operations as it looks to add more clients.

“With Gameskraft on board as the lead investor, Pocket52 now has the additional operational, technological, and commercial flexibility to develop innovative and exciting new partnerships and offer a broader customer choice,” said  Pocket52 CEO and co-founder Nitesh Salvi.

The company also plans to aggressively add more gaming platforms to its poker network, which currently consists of partners, including the likes of Mobile Premier League (MPL) Nostragamus, as well as Calling Station.

The company claims to have close to 100,000 monthly active users playing poker on its platform. Of this, Pocket52 says, 70per cent are repeat customers, while the rest are new customers acquired by the startup every month.