Playgama: HTML5 Game Platform Company Raises $3 Million

By Amit Chowdhry • Dec 9, 2024

Playgama, a game tech platform designed to give HTML5 developers access to the whole web market at once, has raised $3 million in a funding round led by The Open Platform (TOP) and s16vc. The round is also backed by FJ Labs, The Games Fund, TON Ventures, and Kirill Eves, CEO and Founder of Unlimit.

The HTML5 gaming market is transforming, but it is fragmented. While the HTML5 market comprises thousands of standalone playgrounds and non-gaming websites, media, social networks, and messengers—both global and region-specific—there is currently no way for developers to access the entire market at once. Playgama aims to change this.

Playgama’s goal is to streamline distribution with a master key approach, offering developers a simple and efficient route to tap into all available platforms, languages, and markets, maximizing their chances of reaching a large and diverse audience.

So Playgama is creating a full-scale Platform-as-a-Service (PaaS) ecosystem that includes:

1.) A unified SDK to enable publishing across multiple platforms through a single integration

2.) Access to numerous playgrounds, distributors, and other platforms, with more integrations in the works

3.) QA Tool consolidating the requirements of all platforms into a single checklist

4.) 24/7 support for developers while passing approval and moderation processes

5.) Tools for monetization, marketing, content management, and payments

The open-source integrate once, reach everywhere SDK, Playgama Bridge, is at the center of this ecosystem and has already been used by over a thousand developers. Freely available for possible modification and redistribution, Playgama Bridge improves game integration across numerous platforms simultaneously with dozens of plugins covered and a rapidly expanding list of supported game engines, including Unity, JavaScript, Godot, Construct 3, and GameMaker.

This approach offers developers all the tools they need to navigate the fragmented web market, enhancing their reach and ROI while freeing them from the hassle of tackling distribution challenges and allowing them to focus on game creation and development.

Playgama’s founder Dmitry Kachmar started the company in 2023 during a sabbatical he took to complete his studies at Harvard Business School. As an avid gamer since childhood, he is also a seasoned tech executive with vast expertise in advertising technologies and classifieds. To build Playgama, Kachmar assembled a highly qualified international team of professionals with backgrounds at companies like Miro, Playrix, Easybrain, and Vivid Money. The team is made up of 30+ employees, spanning locations from the US to Indonesia, with the headquarters in Dubai.

The company’s partnership with The Open Platform and TON Ventures is strategic as Playgama wants to bridge the gap between Web2 and Web3 gaming. Playgama’s proprietary gaming portal already supports play-to-earn mechanics and crypto payments.

KEY QUOTES:

“We want to transform the web gaming market and empower HTML5 game creators to effortlessly reach audiences they once could only dream of. Currently, Playgama’s distribution network has the potential to reach over 200 million monthly active players— and this is just the beginning. With this funding, we’ll accelerate further improvement of Playgama’s platform for developers, expand our toolkit, and introduce advanced analytics and fintech solutions.”

– Dmitry Kachmar, Founder of Playgama

“At The Open Platform, we value Playgama’s commitment to providing HTML5 developers with an end-to-end toolkit for launching games as Telegram mini-apps and browser-based experiences. This approach not only simplifies access to diverse platforms but also opens doors for fintech and crypto innovations—offering developers and players new possibilities in gaming and payments.”

– Andrey Klebanov, Managing Director, The Open Platform

“We love when seasoned entrepreneurs set out to create value in an overlooked market, leveraging unique insight into a problem. Most players in the gaming industry have ignored the HTML5 market for years, missing a rapidly growing ecosystem and overlooking developer and user pain points. Finally, the diverse community of HTML5 developers will have a player in their corner specifically built for their needs, and we are thrilled to support Playgama in this mission.”

– Oleg Bibergan, s16vc

“We saw an opportunity to fund a business with an innovative model and tremendous market potential. Alternative platforms are a silently but rapidly growing market, and technological progress has made the distribution and operation of complex HTML5 games possible. Playgama’s founding team is not just extremely passionate and dedicated but also capable and proven in turning market hyper-fragmentation into business opportunities. We are honored that they chose The Games Fund as their partners.”

– Ilia Eremeev, The Games Fund

“I really admire how this team is tackling fintech solutions for developers. It’s inspiring to see founders who not only address product challenges and the needs of game developers but also focus on the business backbone of any marketplace—streamlined financial tools, seamless payments, efficient KYB processes, and fast transfers. They’ve clearly put a lot of thought into creating mechanisms that not only simplify the payment process but also ensure a high level of security. It’s not just about enabling transactions; it’s about building trust and reliability into every interaction.”

– Kirill Eves, CEO and Founder, Unlimit