How Much Did Third Time Raise?
Funding & Key Investors

Third Time, a video game development studio, has secured significant enterprise-level funding, with the total amount undisclosed as $5.5M. The company recently announced a major strategic investment, the specifics of which are also not publicly detailed, amounting to $5.5M. This latest capital infusion signals a pivotal moment for the studio as it continues to build its presence in the Web3 gaming sector.

What is Third Time?

Third Time
SoftwareMultimedia, Games & Graphics Software

Third Time is a video game development studio based in Orlando, FL, specializing in the burgeoning Web3 space. Established in 2015 by Ian Cummings, a veteran developer with experience at major gaming companies like EA Sports, Zynga, and FanDuel, the studio has a proven track record. They are credited with creating two of the most popular horse racing games in history and have developed simulations for NBC's live Triple Crown broadcasts. In 2022, Third Time announced two highly anticipated NFT projects on the Solana blockchain, underscoring their commitment to decentralized gaming technologies.

How much funding has Third Time raised?

Third Time has raised a total of $5.5M across 1 funding round:

2023

Angel/Seed

$5.5M

Angel/Seed (2023): $5.5M with participation from Reciprocal Ventures, Coinbase Ventures, 6th Man Ventures, Big Brain Holdings, Sfermion, and LVP

Key Investors in Third Time

Coinbase Ventures

Coinbase Ventures is the venture capital arm of Coinbase, a leading cryptocurrency exchange. They focus on investing in promising blockchain and cryptocurrency startups, aiming to support the growth of the decentralized economy.

6th Man Ventures

6th Man Ventures is a venture capital firm that partners with innovative founders to build transformative companies, particularly in the blockchain application layer and adjacent technologies. They focus on investing in N of 1 founders and provide funding typically ranging from $2 to $5 million. Their portfolio includes successful companies like Pump.Fun and Etherscan, which have created significant value and impact in their respective markets. The firm is dedicated to supporting builders who are reshaping how people transact, build, and interact.

Sfermion

Sfermion is a multi-strategy investment firm that specializes in the immersive internet, particularly focusing on the metaverse. The firm aims to provide investment opportunities in this emerging sector. Sfermion targets clients interested in innovative digital experiences and technologies. Their portfolio reflects a commitment to exploring and capitalizing on the potential of the immersive internet.

What's next for Third Time?

With its recent major strategic investment, Third Time is poised to accelerate its development and expansion within the Web3 gaming ecosystem. The company's focus on NFTs and the Solana blockchain indicates a forward-thinking approach to leveraging decentralized technologies for immersive gaming experiences. The backing from prominent investors suggests confidence in Third Time's vision and its ability to execute on ambitious projects, likely leading to further innovation in the digital asset and gaming intersection.

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Frequently Asked Questions Regarding Third Time Financial Insights

What are the most recent funding rounds that Third Time has completed, and what were the funding rounds?
Third Time has recently completed 1 funding rounds: Angel/Seed on Nov 1, 2023.
What is the total amount of funding Third Time has raised to date?
Third Time has raised a total of $5.5M in funding to date.
How many funding rounds has Third Time completed?
Third Time has completed 1 funding rounds.
How much funding did Third Time raise in its most recent funding round?
Third Time raised $5.5M in its most recent funding round.
Who are the lead investors in Third Time's latest funding round?
The lead investor in Third Time's latest funding round was Reciprocal Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Third Time's history?
The largest funding round in Third Time's history was $5.5M.
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