The leading innovator in the online gaming space, Monkey Tilt, has secured $30 million in Series A funding.
The platform, which debuted in March 2024, is setting new standards for gaming by merging industry expertise with a cutting-edge user experience.
This funding round, finalized over the summer, was spearheaded by Menlo Park, California-based hedge fund and venture capital firm Pantera Capital, with significant investments from notable firms such as Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, and individual backer Josh Hannah.
With this new influx, Monkey Tilt’s total funding surpasses $50 million.
The Industry “Failed to Keep Up with How People Want to Game”
“The reality is this industry has failed to keep up with how people want to game, connect, and interact. Monkey Tilt was designed to completely upend what we think of as the traditional gaming experience,” stated founder and chief executive officer Sam Kiki.
“What we’re creating is immersive, engaging, and culturally relevant – and everyone is recognizing it,” added the brainchild of Las Vegas native Sam Kiki, who has played a key role in running some of the largest casinos in the United States.
With a focus on entertainment, Kiki’s platform seamlessly integrated traditional casino thrills with enhanced social and lifestyle features.
With the help of a robust crypto payment system, it allowed multi-currency wagering with a broad spectrum of digital assets.
It also started offering an array of experiences, from dealer-led craps and roulette to a constantly running sportsbook.
All hard efforts paid off, as it took less than a year for Monkey Tilt to become a go-to hub for both veteran gamblers and newcomers since its launch earlier this year.
“Heads and Shoulders Above the Rest of the Market”
The platform continues to attract a dedicated audience, thanks to its innovative suite that integrates classic casino elements, sports betting, poker, and cryptocurrency into a cohesive and compelling platform.
“Monkey Tilt is pushing the online gaming world into a new era that’s heads and shoulders above the rest of the market,” noted Pantera Capital’s Ryan Barney.
“Sam has already proven to be an authoritative leader in this space, and we’re so proud to back a platform that’s genuinely shaping the future of entertainment,” Barney added.
As 2025 is fast approaching, the company is on a mission to revolutionize global gaming, harnessing blockchain technology to enhance the user experience is getting ready for an eventful year.
For instance, the first quarter will witness the introduction of a gamified crypto trading product designed to appeal to both new and seasoned players.
“I’m looking at the future as you log in and you’re hanging out on the site for a few hours, talking to your friends. You’re gambling together. You’re having fun the same way you would in Vegas,” Kiki said in a Fortune interview.