Triumph Labs

About Triumph Labs

Triumph Labs provides a specialized infrastructure for mobile game developers, enabling them to integrate skill-based, real-money tournaments into their games. Founded in 2020 by Jacob Brooks and Jared Geller, who serve as co-CEOs, the company originated from their experience as Stanford students developing a game with built-in wagering. They discovered that engineering the financial and legal components was more complex than creating the game itself, which led to the formation of Triumph Labs.

The company's core offering is a plug-and-play software development kit (SDK) that manages the complexities of real-money gaming. This includes handling a multifaceted regulatory landscape across different states, payment processing, Know Your Customer (KYC) protocols, and anti-fraud measures. By providing this comprehensive backend, Triumph allows game developers of all sizes to introduce a new monetization channel, a capability historically accessible only to large studios with significant financial resources. The service is free for developers to integrate, and the process is designed to be completed within a day.

Triumph's business model is centered on creating a compliant and secure environment for real-stakes competitions. This approach has proven to increase player engagement and revenue for partner developers. Data shows that players participating in these tournaments play 3.6 times more per month, generating an average monthly revenue of $54 per user. As of May 2023, the platform was operational in 37 U.S. states and Washington D.C., with plans for further expansion. To date, the company has secured $24 million in funding, including a $10.2 million Series A round, from investors such as General Catalyst, BoxGroup, and Drive by DraftKings.