Teatime Games

Teatime Games is a technology company.

Active

Updated: Mar 21, 2026 ·

About

Teatime Games develops interactive social mobile games, focusing on real-time, synchronous multiplayer experiences. The company designs its offerings to foster genuine social interaction, aiming to create digital environments where players can connect and engage in shared activities. Its technical approach centers on evolving mobile gaming beyond traditional solitary or asynchronous play.

The company was founded in 2017 by industry veterans Thor Fridriksson, Ymir Finnbogason, Johann Bergthorsson, and Gunnar Holmsteinn. This team previously created QuizUp, a highly successful trivia game that demonstrated a significant market demand for engaging, real-time social entertainment on mobile devices. Their insight was to build upon this proven model, creating games that facilitate natural, immediate social connection.

Teatime Games targets mobile gamers seeking deeper, more immediate social engagement with friends and other players. The company's vision is to redefine mobile gaming by making real-time social interaction the central experience, aspiring to create games that replicate the feeling of simply hanging out together. It seeks to establish a new category of mobile entertainment fundamentally built on human connection.

Recent News & Mentions

May 1, 2018FundingTeatime Games - Series A Sep 1, 2017FundingTeatime Games - Seed

Financial History

Teatime Games has raised $10.0M across 2 funding rounds. Most recently, it raised $8.0M Series A in May 2018.

Total Raised

$10.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Lead Investors	Other Investors
May 1, 2018	$8.0M Series A		BlueYard Capital, Freigeist, Moonfire Ventures, Michael Abramson
Sep 1, 2017	$2.0M Seed		Felicis Ventures, foobar.vc, Griffin Gaming Partners, Lux Capital, Outlander Labs, Sequoia Capital, David Higley, Ellie Wheeler

Financial History

Teatime Games has raised $10.0M across 2 funding rounds.

Total Raised

$10.0M

Valuation

N/A

Deep Dive

Teatime Games is an Icelandic technology company building a real‑time social gaming platform and developer tools to make mobile games more social and interactive for players and creators[1][6].

High-Level Overview

Teatime Games builds a real‑time social gaming platform (branded Teatime Live) that integrates live video chat, multiplayer social features, and developer tooling so third‑party mobile games can offer synchronous social experiences[4][1].- The product targets mobile game developers and players on iOS/Android, aiming to turn often solitary mobile play into a shared, live social activity[1][3].- The company solves the problem of *mobile games lacking native, integrated social interaction* by offering a platform layer that embeds communication and social mechanics directly into games rather than as bolt‑on features[1][4].- Growth momentum: Teatime raised seed/Series A funding led by Index Ventures with participation from Atomico and others to scale engineering and product development, and has publicly launched the Teatime Live platform and case studies with early customers[1][6][3].

Origin Story

Teatime was founded by the team behind Icelandic social hit QuizUp — Thor Fridriksson, Johann Bergthorsson, Ymir Finnbogason and Gunnar Holmsteinn — bringing prior experience building large social mobile experiences[6][1].- The idea emerged from a thesis that games historically are social (card/table/arcade) but modern mobile gaming had become too solitary; founders set out to rebuild the social layer for mobile by creating an integrated real‑time communications platform for games[1][7].- Early traction included raising roughly $9M across seed and Series A rounds led by Index Ventures with Atomico joining the Series A, and commercial development of Teatime Live with early developer customers and public case studies[1][5][3].

Core Differentiators

Product Differentiator: A purpose‑built real‑time social layer (live video chat + social mechanics) designed specifically for mobile games rather than generic comms SDKs[4][1].- Developer Experience: Tooling and platform APIs intended to let studios integrate synchronous social features into existing mobile titles without rebuilding backend infrastructure[1][3].- Network & Founding Team: Founders experienced in creating a major social mobile hit (QuizUp) give domain expertise in designing social gameplay and community growth[6][1].- Strategic Backing: Early funding and endorsement from prominent European VCs (Index Ventures, Atomico) provided capital and strategic validation during product buildout[1][6].

Role in the Broader Tech Landscape

Trend alignment: Teatime rides the convergence of live, social experiences and gaming — a trend driven by audience appetite for shared, creator‑style interactions and by improved mobile networking and video tech[1][4].- Timing: As mobile devices and networks support low‑latency video and as player expectations shift toward live shared experiences, a real‑time social layer for games becomes commercially viable[4][1].- Market forces: Larger studios and indie developers seeking differentiation can adopt embedded social features to boost retention, monetization, and virality, creating demand for platform solutions like Teatime Live[3][1].- Ecosystem influence: By packaging social mechanics as an embeddable platform, Teatime lowers the cost for studios to experiment with live social gameplay and could accelerate a wave of socially‑centric mobile titles[1][3].

Quick Take & Future Outlook

What’s next: Expect Teatime to continue expanding SDK features (video quality, moderation tools, matchmaking for live sessions), deepen integrations with third‑party studios, and grow partnerships to scale network effects[4][1][3].- Shaping trends: Success will depend on balancing high‑quality low‑latency experiences, content moderation/safety, and clear developer ROI (retention and monetization gains) to drive adoption across mid‑sized and indie studios[1][4].- Influence: If widely adopted, Teatime’s platform could re‑embed synchronous sociality into mobile gaming, shifting more title designs toward live, shared formats and creating new creator and spectator dynamics similar to live streaming ecosystems[1][4].

Quick reminder: This profile is based on reported product launches, founder histories, and early funding and customer signals; financials and later developments beyond these sources may not be reflected here[1][6][3].

Sources

Frequently Asked Questions

How much funding has Teatime Games raised?

Teatime Games has raised $10.0M in total across 2 funding rounds.

Who are Teatime Games's investors?

Teatime Games's investors include BlueYard Capital, Freigeist, Moonfire Ventures, Michael Abramson, Felicis Ventures, foobar.vc, Griffin Gaming Partners, Lux Capital, Outlander Labs, Sequoia Capital, David Higley, Ellie Wheeler.