GAN

About

GAN is a B2B supplier of internet gambling software-as-a-service solutions for casinos.

Las Vegas,Nevada,United States
501 - 1000
http://www.GAN.com

Highlights

Details

Last Funding Type: Post-IPO Debt
Last Funding Money Raised: $30M
Industries: Gambling,Gaming,Online Games,Software
Founded date: Jan 1, 2002
Number Of Employee: 501 - 1000
Operating Status: Active
Stock Symbol: nasdaq:GAN
Legal Name: GAN plc
Also Known As: GameAccount Network

GAN is a business-to-business supplier of internet gambling software-as-a-service solutions predominantly to the US land-based casino industry. GAN has developed a proprietary internet gambling enterprise software system, GameSTACK, which it licenses to land-based casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming, and virtual Simulated Gaming.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$92.40M £31M

GAN has raised a total of $92.40M £31M in funding over 2 rounds. Their latest funding was raised on Apr 28, 2022 from a Post-IPO Debt round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 28, 2022	Post-IPO Debt	$30M	1	Beach Point Capital Management	—	Detail
May 5, 2020	IPO	$62.40M	—	—	—	Detail
May 21, 2018	Post-IPO Equity	£7.50M	—	—	—	Detail
Aug 24, 2016	Post-IPO Equity	£1.30M	1	International Investment & Underwriting Limited	—	Detail
Nov 20, 2013	Series Unknown	£22.20M	2	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

GAN has made 1 investments. Their most recent investment was on Jun 11, 2020, when TeleVet raised $5M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Jun 11, 2020 TeleVet	Series A	$5M	Health Care	—

Investors

Number of Lead Investors

Number of Investors

2

4

GAN is funded by 4 investors. Beach Point Capital Management and International Investment & Underwriting Limited are the most recent investors.

Investor Name	Lead Investor	Funding Round
Beach Point Capital Management	Yes	Post-IPO Debt
International Investment & Underwriting Limited	Yes	Post-IPO Equity
Dermot Fachtna Desmond	—	Series Unknown
UCD Michael Smurfit Graduate Business School	—	Series Unknown