Agave Games’ ‘Find the Cat’ Revenue Rumoured $80M
Agave Games, a Turkish mobile game developer founded in 2021, has achieved remarkable success with its casual puzzle game, Find the Cat . Released in August 2024, the game challenges players to locate hidden cats within intricate illustrations, reminiscent of “Where’s Wally”-style puzzles. This engaging concept led to over 10 million downloads in its first quarter.
Financially, Find the Cat generated approximately $10 million in revenue from Android users alone within its initial three months, primarily through in-app purchases and advertising. This success contributed to Agave Games securing an $18 million Series A funding round in December 2024, co-led by Felix Capital and Balderton Capital, bringing the company’s total funding to $25.5 million and valuing it around $100 million.
The company’s rapid growth and the game’s popularity have led investors to anticipate Agave Games reaching $100 million in annual revenue, reflecting the strong market potential of their engaging game mechanics and user experience.
December 2024
Sources:
2/Gamigion
M.M.