Social Gaming Startup Comunix Raises $30M Series A Round

Social gaming startup Comunix, the company behind the hit game Pokerface, announced on Wednesday that it has closed a $30 million Series A funding round. The company said the round, led by March Gaming, will help it to “accelerate the transformative vision of reinventing the social gaming experience and uniting people worldwide.”

New investors, including March Capital, Powerhouse, Woori Capital and Altshuler Shaham, and existing investors, including Kaedan Capital, Velo Partners, Moon Active, Mitch Garber, Shay Ben-Yitzhak, Eitan Reisel and Baladi Ventures, also participated in the funding round.

Founded in 2018 and based in Tel Aviv, Israel, Comunix is a social gaming company with a vision for interactive gaming experiences grounded in human connection. Formed by a team of seasoned technology and gaming professionals, Comunix aims to reinvent the current gaming experience by integrating innovative methods for human communication, such as group video chat, to create a seamless social experience for users. Comunix currently has 45 employees.

Pokerface is the world’s first mobile social poker game that allows friends from all over the world to play Texas Hold ‘em poker and connect via group video chat. In the past year, Pokerface has experienced a sharp rise in revenue and user growth and now has over one million monthly active users worldwide. Pokerface users range in age from 25 to 40, and 31% of active users are female.

The company will use its new funding to continue growing Pokerface, further expand its gaming platform and aggressively hire talent across the company.

“Today’s announcement is a huge milestone for Comunix – one that validates both our vision to create an interactive gaming experience grounded in human connection and the talent and dedication of our rapidly growing team,” said Or Ben Simon, CEO of Comunix. “We launched Pokerface in 2018 and have been blown away as people from all over the world have embraced it as a way to simultaneously play one of the most beloved card games of all time and connect with their friends and family. I am so proud of my colleagues and look forward to using this funding to scale our team, continue to enhance Pokerface and develop genre-defining social gaming experiences.”

“The explosion in popularity of Pokerface is a testament to the strength of Comunix’s team and its unique, community-centric approach to classic social gaming. We look forward to working closely with Comunix and applying our significant gaming and operational expertise to support the company’s next phase of rapid growth,” added Gregory Milken, a managing partner of March Gaming.