GAN Funding: How Much Did They Raise & Key Investors

How Much Did GAN Raise?
Funding & Key Investors

GAN, a prominent business-to-business supplier of internet gambling software-as-a-service solutions, has recently secured a major strategic investment, adding to its total funding of $30M. The company's recent financing round, valued at $30M, underscores its pivotal role in providing proprietary internet gambling enterprise software systems, such as GameSTACK, to the U.S. land-based casino industry and expanding its reach into European and Latin American markets through its Coolbet division.

What is GAN?

GAN

Business Services

Software Testing

Gambling & Gaming

GAN operates at the intersection of technology and the regulated gaming sector, offering its proprietary GameSTACK software system as a turnkey solution for land-based casino operators. This enterprise-level software facilitates regulated real money internet gambling, encompassing online sports betting and virtual simulated gaming. Beyond its B2B software licensing, GAN, through its Coolbet division, is also a market-leading operator of proprietary online sports betting technology, demonstrating a dual-pronged strategy in the digital gaming landscape.

How much funding has GAN raised?

GAN has raised a total of $30M across 1 funding round:

2022

Debt

$30M

Debt (2022): $30M with participation from Beach Point Capital Management

Key Investors in GAN

Beach Point Capital Management

Beach Point Capital Management, founded in 2009 and headquartered in Santa Monica, California, is an investment company specializing in portfolio management and other investment activities.

What's next for GAN?

The recent major strategic investment signifies a crucial phase for GAN, likely enabling further scaling of its operations and technological development. This capital infusion is expected to bolster its market leadership in both its B2B software solutions for the U.S. casino industry and its direct-to-consumer online sports betting operations in Europe and Latin America. GAN's focus on regulated markets and proprietary technology positions it for continued growth and expansion within the dynamic global iGaming sector.

See full GAN company page

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Frequently Asked Questions Regarding GAN Financial Insights

What are the most recent funding rounds that GAN has completed, and what were the funding rounds?

GAN has recently completed 1 funding rounds: Debt on Apr 28, 2022.

What is the total amount of funding GAN has raised to date?

GAN has raised a total of $30M in funding to date.

How many funding rounds has GAN completed?

GAN has completed 1 funding rounds.

How much funding did GAN raise in its most recent funding round?

GAN raised $30M in its most recent funding round.

Who are the lead investors in GAN's latest funding round?

The lead investor in GAN's latest funding round was Beach Point Capital Management. To access investor data and explore similar companies, sign up for ZoomInfo.

Which was the largest funding round in GAN's history?

The largest funding round in GAN's history was $30M.

See more information about GAN