Incredible is a technology company.
Incredible has raised $1.2M across 2 funding rounds.
Incredible has raised $1.2M in total across 2 funding rounds.
Incredible has raised $1.2M in total across 2 funding rounds.
Incredible's investors include Ada Ventures, Andreessen Horowitz, Angel Invest, Atomico, Broadhaven Capital Partners, Creator Fund, Double Prime LLP, DST Global, Jenny Fielding, Scott Hartley, Felix Capital, Kindred Capital VC.
Incredible Technologies, Inc. (IT) is a leading U.S.-based designer, developer, and manufacturer of coin-operated video games and Class-III casino gaming machines, with flagship products like Golden Tee Golf, the most successful pay-to-play video game in history.[1][3][5] Headquartered in Vernon Hills, Illinois, with a Las Vegas studio, the company employs over 250 people and generates around $113 million in annual revenue, serving on-premise amusement operators and casino floors across the U.S., tribal jurisdictions, and international markets.[2][3] IT solves entertainment challenges by delivering innovative, ROI-driven hardware and software fueled by skilled teams in design, programming, art, and engineering, evolving from pinball to dominate arcade and slots.[1][2][4]
Founded in 1985 in Vernon Hills, Illinois, IT began with humble pinball hardware development amid the evolving gaming industry.[1][2][4] Its breakout came in 1989 with Golden Tee Golf, which exploded in popularity and established IT as a coin-op powerhouse, selling over 100,000 units worldwide and generating nearly $400 million in annual game fees.[1][3][4][5] Pivotal expansions included skill-based contests via ITNet in the 2000s, hits like Big Buck Hunter and PowerPutt, and a bold 2006 pivot to casino gaming—launching Class-III slots in 2011 after years of R&D, now placed in 25+ U.S. states.[1][3][4][5] Today, under President and CEO Elaine Hodgson, IT remains privately held and a certified Women's Business Enterprise.[1][2]
IT rides the resurgence of out-of-home entertainment and hybrid gaming trends, where physical arcades and casinos blend skill-based play with digital connectivity amid mobile gaming saturation.[1][3][4] Timing aligns with post-pandemic demand for social, on-premise experiences—Golden Tee's tournaments award millions in prizes, while casino slots tap regulated Class-III growth in tribal and state markets.[1][4] Market forces like operator ROI focus and premium hardware innovation favor IT, influencing the ecosystem by setting standards for pay-to-play (e.g., ITNet's nationwide contests) and enabling online transitions via partnerships like GAN.[3][4]
IT's momentum positions it for expansion into online and omnichannel gaming, leveraging GAN's exclusive rights and Infinity-line innovations to capture iGaming growth while dominating physical floors.[3][4] Trends like skill-gaming regulations, premium cabinet demand, and global arcade revivals will shape its path, potentially boosting revenue beyond $113M through international slots and digital ports.[2] As a player-focused innovator since 1985, IT's "all about the game" ethos—echoing Golden Tee's enduring legacy—ensures it remains incredible in an evolving entertainment landscape.[1][5]
Incredible has raised $1.2M across 2 funding rounds. Most recently, it raised $1.0M Seed in May 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2024 | $1.0M Seed | Ada Ventures, Andreessen Horowitz, Angel Invest, Atomico, Broadhaven Capital Partners, Creator Fund, Double Prime LLP, DST Global, Jenny Fielding, Scott Hartley, Felix Capital, Kindred Capital VC, LAUNCHub Ventures, North Island Ventures, Outrun Ventures, Passion Capital, Piton Capital, Primo Ventures, Seedcamp, Speedinvest, Stride VC, Valar Ventures, Akhil Paul, Amit Gudka, Felix Jahn, James Meekings, Johnny Boufarhat, Jonathan Lenson, Julius Köhler, Luca Ascani, Mandeep Singh, Marc McCabe, Russell Smith, Stan Massueras, Tim Sadler | |
| Apr 1, 2021 | $200K Seed | Big Idea Ventures, SOSV |