What is Snatch Media?
Snatch Media is the developer behind a free-to-play augmented reality mobile game designed to allow users to 'Snatch' virtual prizes, holidays, and experiences from major brands. The game leverages AR technology to create an engaging and interactive experience, blending the digital and physical worlds for players seeking tangible rewards.
How much funding has Snatch Media raised?
Snatch Media has raised a total of $5.8M across 1 funding round:
Angel/Seed
$5.8M
Angel/Seed (2017): $5.8M with participation from Velocity Technology Fund, Hanson Asset Management, Silicon Valley Bank, Firstminute Capital, Simon Equity Partners, CrunchFund, Initial Capital, and Cassius Family
Key Investors in Snatch Media
Velocity Technology Fund
Velocity Technology Fund is an investor focused on early-stage technology ventures, likely providing strategic capital and operational support to companies in the tech sector.
Hanson Asset Management
Hanson Asset Management is a boutique fund management firm specializing in investment advisory and asset management, likely bringing financial expertise and strategic guidance to its portfolio companies.
Silicon Valley Bank
Silicon Valley Bank (SVB) is a prominent financial institution that provides commercial and private banking services, along with investment support, to technology and life science companies.
What's next for Snatch Media?
With a major strategic investment and substantial total funding, Snatch Media is poised to scale its operations and enhance its AR gaming platform. The company's focus on gamifying real-world prize acquisition through augmented reality suggests a strategy aimed at user acquisition and retention, potentially expanding its brand partnerships and the scope of in-game experiences. This enterprise-level backing indicates confidence in the company's business model and its potential to capture a significant share of the evolving AR and mobile gaming market.
See full Snatch Media company page
