Sequoia Surge & Makers Fund lead $4m investment in mod.io

BIG DAY for mod.io, as we welcome Sequoia Capital India's Surge and Makers Fund, on our journey to bring UGC to more games and platforms, and provide studios with a turnkey solution for launching integrated UGC communities.

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Melbourne Australia, DECEMBER 3, 2020 - mod.io, a cross-platform UGC and modding service, today announced a US$4 million funding, led by Sequoia Capital India's Surge and Makers Fund, with participation from Play Ventures, GameTech Ventures, and Machinefloor.

mod.io provides cross-platform mod support, metrics tracking, moderation, discovery, and community building tools, managed by a unified dashboard. Developers can launch their mod communities so that UGC can become a defining feature of their game. mod.io's REST API and open-source SDKs are compatible with all existing game engines. Plugins are available for Unreal Engine and Unity.

"UGC has the potential to become the next big thing in the gaming industry," says Scott Reismanis, co-founder of mod.io. "But it needs to be accessible, cross-platform, and safe, with detailed metrics, creator events, and marketplaces attached. We're here to push the boundaries with UGC, and enable game developers to do the same."

Over 50 games use mod.io across 11 storefronts, including PC, Xbox, iOS, and Android. Popular titles such as SnowRunner, Skater XL, and TABS have contributed to mod.io's 65 million downloads. They plan to launch their mod support on consoles in the coming months.



"SnowRunner's modding community has greatly expanded the game's experience for dedicated players. The constant influx of fresh content is certainly a key driver of the title's long-term success," said Tim Willits, Chief Creative Officer of Saber Interactive. "We could not have achieved this without Mod.io - their tech and support are unmatched."

Scott Reismanis and Patrick Sotirou launched mod.io in 2019. Before mod.io, Reismanis launched ModDB.com in 2002, a pioneering site for modders to collaborate and share UGC. ModDB.com continues to reach 4 million gamers each month and has generated over half a billion downloads.

"We foresee that mods will be a staple on every platform and elevated to the position of a key game feature. It's still early days for UGC, so it's a matter of giving creators the tools they need to innovate and succeed," Reismanis added.

This latest round of funding will allow mod.io to continue to simplify mod support for game developers. The team plans to provide advanced functionality in metrics, moderation, persistence, branded integration, and creator economies, where available alternatives do not exist.

Developers interested in working with mod.io can contact the team for a demonstration.

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About mod.io

mod.io is a cross-platform user-generated content (UGC) service for studios that want to enable their community's creativity on PC, console, and mobile. It's used by more than 50 games and offers an automated, scalable, easy to implement way to tap into the goodwill and growth UGC can drive. mod.io is designed for the modern game that values long-term user engagement and creator economies. Game developers can easily connect their engines and tools to mod.io and launch their mod communities.

About Surge

Surge is Sequoia Capital India's rapid scale-up program for startups in India and Southeast Asia. Surge combines $1 million to $2 million of seed capital with company-building workshops, a global curriculum, and support from a community of exceptional mentors and founders. The program's goal is to supercharge early-stage startups and give founders an unfair advantage, right out of the gate. For more information on Surge, visit www.surgeahead.com.

About Makers Fund

Makers Fund is a global interactive entertainment venture capital firm focused on early stage investments. With over 55 portfolio companies to date, Makers is dedicated to furthering growth and innovation in the interactive entertainment industry. Makers Fund provides strong portfolio support and value add with direct access to top talent, advisors, and CEOs of global platforms. For more information on Makers Fund, visit www.makersfund.com.

About Play Ventures

Play Ventures is the leading early stage gaming venture capital firm with offices in Singapore and Helsinki, Finland. Founded by gaming industry veterans Henric Suuronen and Harri Manninen, who have made successful exits to King and Disney, respectively, Play Ventures invests globally in pre-seed and seed stage gaming startups and focuses on free-to-play mobile and PC opportunities as well as gaming services startups. For more information, please visit www.playventures.vc.

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