MyPrize Secures $21M Investment to Accelerate Expansion
July 31, 2025
MyPrize Raises $21 Million to Boost Growth and Platform Development
MyPrize, a leading social casino company, has successfully completed its latest funding round, raising $21 million to support its expansion and platform enhancements. This infusion of capital marks an important milestone in the company’s ongoing growth strategy.
Funding Success with a Valuation Cap of $250 Million
Since its launch in 2024, MyPrize has attracted significant investor interest, securing a total of approximately $38 million in funding. Key investors in this recent round include long-time supporters Dragonfly and Boxcars Ventures. The company’s latest valuation cap stands at $250 million, reflecting strong confidence in its business model and future prospects.
A Unique Multiplayer Social Gaming Experience
MyPrize specializes in free-to-play social games, focusing on the United States market and the crypto gaming sector abroad. The platform emphasizes multiplayer interactions, enabling players to compete alongside friends and engage with popular content creators. This innovative approach to social gaming sets MyPrize apart by blending competitive play with entertainment.
Strategic Use of Funding to Drive Innovation and Expansion
Founder Zach Bruch outlined plans to invest the new funding in enhancing the company’s technology infrastructure, expanding its creator community, and extending its geographic reach. These efforts aim to deliver exceptional gaming experiences that stand out in the industry.
The additional financial resources will also support marketing initiatives designed to attract more users to the platform, helping MyPrize grow its player base beyond the current milestone of over 500,000 registered players.
Strong Revenue and Path to Profitability
MyPrize’s innovative model has resulted in robust revenue generation, with the company aiming to reach profitability by the end of the year. This growth reflects the growing popularity of social gaming and the effectiveness of MyPrize’s unique multiplayer offerings.
Leadership Perspective on the Evolution of Social Gaming
CEO Zach Bruch emphasized that the rising success of MyPrize demonstrates the full arrival of social gaming in the American market. He highlighted the increasing demand for games that foster social interaction and allow fans to connect with content creators in new ways. According to Bruch, the nature of entertainment is undergoing a fundamental shift driven by digital and social technologies.
“As users embrace this new frontier, MyPrize is ushering in the golden age of online entertainment, powered by our proprietary AI retention and engagement platform and best-in-class player and creator experience.”
Zach Bruch, CEO of MyPrize
Looking Ahead: Unlocking New Growth Opportunities
Bruch concluded that the latest funding will enable MyPrize to enter an exciting phase of exponential growth. This momentum will allow the company to attract more creators, celebrities, and players to its platform, broadening its impact and reach across the social gaming landscape.
