Monkey Tilt, an online gambling platform centered on cryptocurrency, successfully raised $30 million in its Series A funding round after its launch in March 2024.
The funding round, finalized during the summer, was spearheaded by California-based Pantera Capital and included contributions from Polychain Capital, PokerGo, Hack VC, Dream Ventures, Accomplice, Mirana, along with individual investor Josh Hannah.
The latest funding round propels Monkey Tilt’s total capital raised to an impressive $50 million.
Monkey Tilt seamlessly blends traditional casino games like dealer-led craps and roulette with a 24/7 sportsbook and a variety of innovative gaming options.
Setting itself apart, the platform integrates a robust cryptocurrency payment system supporting multiple digital assets, offering users unparalleled flexibility in how they wager and play.
Designed to captivate both seasoned gamblers and newcomers, Monkey Tilt delivers a reimagined gaming experience enriched with social and lifestyle features.
“This industry has failed to evolve with the changing ways people want to game, connect, and interact,” said founder and CEO Sam Kiki (pictured), whose leadership is informed by operational expertise from MGM Resorts and Caesars Interactive.
“What we’re building is immersive, engaging, and culturally relevant – and the industry is taking notice,” Kiki emphasized.
Investment and growth
Since its launch, Monkey Tilt has rapidly attracted a loyal user base with its seamless fusion of casino games, sports betting, and cryptocurrency integration.
Leading investors like Pantera Capital have shown strong confidence in the company’s transformative potential.
“Monkey Tilt is revolutionizing the online gaming industry, setting a new gold standard that leaves the rest of the market behind,” said Ryan Barney of Pantera Capital. “Sam has already demonstrated exceptional leadership in this space, and we’re thrilled to support a platform that’s boldly redefining the future of entertainment.”
Plans for 2025
Monkey Tilt is gearing up to revolutionize the crypto trading landscape with the launch of its highly anticipated gamified trading product, set to debut in early 2025.
Designed to attract a diverse range of users, this innovative offering will not only broaden the platform’s reach but also solidify Monkey Tilt’s position as a leader in the blockchain-driven entertainment space.
As an entertainment-focused gaming platform, Monkey Tilt seamlessly integrates blockchain technology to deliver an unparalleled user experience. The company is not just a gaming powerhouse; it has strategically positioned itself as a dynamic lifestyle brand, making bold moves into fashion, media, and beyond.
VC attention
Monkey Tilt exemplifies the growing wave of venture capital-backed online casinos disrupting the market.
In March, crypto gaming operator MyPrize made a bold entry into international markets with its innovative online casino platform, coupled with a sweepstakes platform tailored for US users.
The platform stands out with its cutting-edge features, including integrated live streaming and multiplayer gameplay, creating dynamic spaces for users to engage with content creators in dedicated rooms.
Backed by powerhouse Silicon Valley venture capital firms, the start-up has raised an impressive $13 million across two funding rounds, driving its total enterprise valuation to a remarkable $140 million.