Bunch raises $20m toward multiplayer social platform expansion

Investment led by General Catalyst, included Take-Two, Ubisoft, Supercell, EA, and Riot

Multiplayer gaming social app Bunch has closed $20 million in Series A funding to continue to grow its userbase and platform.

The round was led by General Catalyst, and included major gaming companies such as Electronic Arts, Krafton, Take-Two Interactive, Ubisoft, Supercell, Riot Games, Miniclip, Mixi, and Colopl.

Other investors included LVP, Northzone, Streamlined Ventures, Konvoy Ventures, OneTeam Ventures, Velo Partners, Golden Venture Partners, and Alven Capital Partners.

General Catalyst's Niko Bonatsos will join the board of directors at Bunch.

With the funding, Bunch intends to continue to grow its userbase as well as integrate more multiplayer games into its platform.

Bunch is a social app that allows players to connect over video chat and play multiplayer titles together, and includes a feature for developers to integrate the platform directly into their games.

Previously, Bunch raised $3.8 million back in 2018, and another $3.85 million in November of 2019.

Since March, Buch has seen its platform grow over 50 times in monthly active users

"Multiplayer games are the new social networks. And in these trying times where we are isolated from each other, games are how people are choosing to spend time with friends," said Bunch CEO Selçuk Atlı.

"Each game is a disconnected island, and at Bunch we are creating one way for players to connect with friends inside and outside of their favorite games. We are super excited to partner with General Catalyst, and importantly, makers of many of the most popular games in the world as our investors."

More stories

Epic Games takes legal action against Apple and Google in UK

Update: Apple says Epic's "reckless behavior made pawns of customers", and it "looks forward to making this clear to UK courts"

By James Batchelor

Playtika IPO raises $1.88bn

Share price exceeds expectations, mobile publisher begins trading on Nasdaq Global Select Market today

By James Batchelor

Latest comments

Sign in to contribute

Need an account? Register now.