GameRamp raises $5.4 Mn in pre-seed round led by BITKRAFT Ventures

GameRamp, an AI-native publishing operating system built for the next wave of mobile games & consumer apps, has raised a $5.4 million in a pre-seed funding round led by BITKRAFT Ventures along with participation from South Park Commons, Mixi, and  DeVC.

The proceeds will be utilized to accelerate its expansion of  engineering & applied AI teams in the USA and India and  launch of two services Sentinel and Grow, GameRamp said in a press release.

Co-founded by Vivek Ramachandran and Sashank Vandrangi, GameRamp empowers developers to experiment and deploy their monetization strategies in a fully-automated fashion. This helps studios drive a 40–60% increase in revenue and scale faster. The platform continuously improves in the background, ensuring that the user experience is always optimally tuned. 

"Scaling new apps or games has increasingly become hyper-competitive, Developers need to be best-in-class in an array of disciplines outside the core product experience. What if we could turbocharge this with AI?" said Vivek Ramachandran, Co-founder & CEO of GameRamp.

GameRamp plans to launch two services: Sentinel, an AI platform offering real-time personalization of in-game economies and monetization through reinforcement learning; and Grow, a one-click embedded financing layer to provide developers seamless access to capital.