Useful

Useful

Develops online casino solutions and platforms

About Useful

Simplify's Rating
Why Useful is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Cybersecurity

Gaming

Company Size

1-10

Company Stage

Early VC

Total Funding

$2M

Headquarters

Boulder, Colorado

Founded

2022

Overview

Useful Systems Inc. develops solutions for the online casino industry, focusing on making gaming more accessible and enjoyable. Their products include user-friendly platforms designed for online casino operators, featuring vibrant themes and seamless interfaces that enhance the gameplay experience. Useful Systems Inc. stands out from competitors by prioritizing both accessibility and captivating design, ensuring that players are engaged and retained. The company operates on a B2B model, earning revenue through licensing fees and service agreements with casino operators. Their goal is to create a safe and enjoyable gaming environment for players while supporting casino operators in attracting a wider audience.

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Simplify's Take

What believers are saying

  • Increased demand for mobile gaming solutions boosts Useful's market potential.
  • Growing interest in VR and AR enhances user experience in Useful's platforms.
  • AI-driven personalized gaming experiences attract and retain more players.

What critics are saying

  • Emerging VR and AR companies increase competition for Useful Systems Inc.
  • UK regulations on gambling advertising may impact Useful's marketing strategies.
  • Blockchain-based casinos threaten traditional platforms with transparency and fairness.

What makes Useful unique

  • Useful Systems Inc. focuses on accessibility and captivating gameplay in online casinos.
  • The company offers vibrant themes and seamless user interfaces for engaging experiences.
  • Robust security measures ensure a safe and enjoyable gaming environment for users.

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Funding

Total Funding

$2M

Below

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Meaningful equity

Competitive salary

Unlimited vacation

Office & equity stipend

Top-tier health coverage

Mental health & wellness stipend

Learning & education stipend

401k

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