2 Gaming Startup Success Stories [2024]
The gaming industry is exploding, and a gaming startup could be your ticket to joining this booming field.
At its core, the business involves creating, developing, and launching a video game. This venture typically requires a team of designers, developers, marketers, and project managers to see it through from concept to release.
Your chance to bring innovative and entertaining experiences to gamers around the world is here. Whether itβs a gripping new mobile game or a groundbreaking VR experience, the potential for creativity is vast.
While the competition is stiff, dedicated research, strategic planning, and consistent effort can position your startup for success. If youβre passionate about gaming and willing to put in the work, this could be a highly rewarding endeavor.
In this list, you'll find real-world gaming startup success stories and very profitable examples of starting a gaming startup that makes money.
1. Overgear ($12M/year)
Tony Doronin, along with his partners Dmitriy Beseda and Alex Karetin, founded Overgear, a gaming marketplace that offers gaming assistance and training services. Alex, who had experience in investment projects and a passion for gaming, saw the lack of competition in the gaming services market and the potential for a project that provided a higher level of user experience. They launched Overgear in 2017 and have since expanded their services to different gaming disciplines, generating $1 million in monthly revenue.
How much money it makes: $12M/year
How much did it cost to start: $50K
How many people on the team: 36
Overgear, a gaming marketplace offering assistance and training in WoW, Path of Exile, Destiny, Call of Duty, and Valorant, saw over $8 million in revenue and a 6x increase in clients in the past year by prioritizing user experience and customer retention through SEO and Google Ads, reinvesting profits, and creating a user-friendly product, amongst other things.
2. Drope.me ($180K/year)
Dima Okhrimchuk, a passionate gamer, saw an opportunity after an MBA at UC Berkeley and co-founding a CS:GO organization in 2020. Pivoting from managing pro gamers, he launched Drope.me, an AI-enabled influencer marketing platform, which has since facilitated over 170 campaigns and paid out $50K to micro-influencers.
How much money it makes: $180K/year
How many people on the team: 11
Case study article synopsis: Drope.me, an AI-enabled influencer marketing platform, launched in June 2023 and has already hosted over 170 campaigns, paid out over $50K to influencers, and integrated AI functionality to streamline processes and save valuable time for gaming companies and micro-streamers.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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