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Agave Games

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A mobile games publishing company that works with exceptional talents to reach millions by providing unique experiences

Istanbul, TürkiyeFounded 2021Consumer Services
Valuation $100–250M Last recorded · 2024
Revenue $50–100M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Agave Games and the history behind them.

About Agave Games

Based in the thriving mobile gaming hub of Istanbul, Turkey, Agave Games is a developer and publisher focused on the casual puzzle game market. The company was established in 2021 by four high school friends: Alper Oner, Ali Baran Terzioglu, Burak Kar, and Oguzhan Merdivenli. The founding team possesses a significant track record in the mobile gaming industry, having previously contributed to titles that collectively amassed over 2.5 billion downloads. Their prior experiences include roles such as product management and studio leadership at other successful gaming companies. CEO Alper Oner brought expertise in data analytics and business intelligence from his time working in the United States before returning to Turkey to co-found the company.

Agave Games targets the global mobile gaming audience, with a particular focus on markets like the US, Japan, and Europe. The company's business model revolves around developing free-to-play mobile games that generate revenue through a dual approach of in-app purchases (IAP) and in-app advertising (IAA). This strategy allows them to create accessible experiences for a broad player base while maintaining multiple monetization streams. A key part of their development process involves leveraging artificial intelligence to accelerate the creation of initial game art, which is then refined by their artists, striking a balance between automation and human creativity.

The studio's most prominent success is "Find the Cat," a hidden-object puzzle game that gained significant traction shortly after its launch, surpassing 10 million downloads in its first quarter. The game's engaging and charming design has set a new benchmark in its genre. Building on this momentum, Agave Games has secured substantial funding, including a $7 million seed round in 2022 and an $18 million Series A round in late 2024, bringing their total funding to over $25 million. These funds are earmarked for the continued development of "Find the Cat," the launch of at least two new titles, and a significant expansion of their Istanbul-based team.

Source: Dealroom company data

At a glance

Founded
2021
Headquarters
Istanbul, Türkiye
Sector
Consumer Services
Power Law
Colt$25–100M revenue

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

Employees mapped 56 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 24 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇹🇷 Turkey91.7%
🇬🇧 United Kingdom8.3%
2 countries shown
Web traffic by country
2.7K monthly visits
across markets
🇹🇷 Turkey63%
🇮🇳 India37%
Top 2 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Agave Games on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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