Treasure Play is a technology company.
Treasure Play has raised $8.0M across 1 funding round.
Treasure Play has raised $8.0M in total across 1 funding round.
Treasure Play has raised $8.0M in total across 1 funding round.
Treasure Play's investors include Alchemy Ventures, Ambush Capital, Andreessen Horowitz, Awesome People Ventures, Batalion Capital, Benchmark, Broadstone, Capital Factory, Form Capital, Founders Fund, Haun Ventures, HawksHead Capital.
Treasure Play is a Singapore-based technology company building an AI-powered incentive platform for mobile game and app developers. It helps solve user acquisition (UA), monetization, and analytics challenges by offering "smart incentivized quests"—personalized tasks that guide players through app milestones like installs and in-app purchases, rewarding them with in-game items, virtual currencies, or Treasure Points redeemable for real-world value[1][2]. Initially targeted at mobile game developers who use tools like Firebase, the platform integrates seamlessly without additional SDKs and plans to expand to all apps and platforms, creating a win-win for developers and users amid disruptions in traditional advertising[1][2].
The company serves game developers seeking growth and engagement, addressing pain points like declining ad effectiveness due to user data control. Backed by an $8.2 million seed round in 2022 from Play Ventures and Makers Fund, Treasure Play has shown strong early conversion rates in its soft launch with alpha partners, positioning it for rapid adoption in a market shifting toward AI-driven, personalized UA[1][2].
Treasure Play was founded by CEO Alex Arias, COO/CPO Andreas Risberg, and CTO Bertrand Lamarque, industry veterans with experience at King, EA, Microsoft, and Playfish[1]. The trio initially launched as Trailblazer Games, exploring Web3 tech in video games, but pivoted to AI incentives and rebranded to Treasure Play[1]. This shift addressed emerging trends like user data privacy disrupting ad models, leading to their platform for AI-powered quests[1][2].
Securing $8.2 million in seed funding in 2022 from Play Ventures and Makers Fund marked an early pivotal moment, enabling development and a soft launch with impressive results[1][2]. By September 2024, they publicly unveiled the platform, emphasizing its potential to revolutionize UA through personalized, rewarding experiences[2].
Treasure Play rides the wave of AI personalization in gaming amid privacy regulations and ad tech disruptions, where users demand data control and direct value[1][2]. Timing is ideal as mobile gaming UA costs rise and AI tools enable hyper-targeted incentives over broad ads, aligning with trends like Apple's ATT framework[1]. Market forces favoring it include explosive AI adoption in apps and a $100B+ mobile gaming sector hungry for retention tools.
It influences the ecosystem by enabling devs to build loyalty through rewards, potentially expanding beyond games to all apps, and fostering a new UA paradigm that prioritizes user agency over invasive tracking[2].
Treasure Play is poised to scale its platform across apps and platforms, leveraging AI advancements for even smarter quests and deeper analytics. Trends like multimodal AI and cross-platform gaming will amplify its edge, while competition from ad giants could push innovation in privacy-first incentives. Its influence may grow by defining AI-reward models, evolving from mobile games to a UA standard—cementing its role as the bridge between player discovery and dev growth in a post-privacy world[2].
Treasure Play has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Seed in March 2022.