mygames
At the beginning of 2021, we raised a six-digit amount from investors to conquer the Estonian market and reach the first foreign clients. We are moving on the planned course and are already preparing for the next investment round in the third quarter of 2021.
Thanks to the cooperation and feedback from the owners and managers of Estonian tennis courts, we have found the “recipe” for our product today and know exactly what solutions different types of tennis centers need – some expectations on individual courts, somewhat others on large halls. The aim of the next round of financing is the final packaging of the developed solutions and intensive expansion into foreign markets. The plan and preparatory work for the creation of the world’s largest database of tennis and padel courts has already been done.
We planning to raise 750,000 euros to implement the expansion plans and exceed the limit of 10,000 users and a total turnover of 1.5 million euros during the year. The first foreign markets to target are Great Britain, Spain and Belgium and we are negotiating with potential customers and partners from Dubai, Kuwait and other Gulf regions.
Negotiations are already underway with investors from Estonia as well as Finland, England, the Czech Republic and elsewhere regarding the next round of financing. If you are also interested in investing and want to know more about our plans, feel free to write to margus@mygames.ee