TORONTO, March 1, 2023 – To build up product and marketing analytics for Web3, Helika, a Web3 gaming, and NFT analytics platform, has announced the successful closure of its USD 4 million initial investment round. With the assistance of Sfermion, Sparkle Ventures, Big Brain Holdings, Fenbushi, and Builder Capital, Diagram Ventures led the investment round.

Ken Nguyen, Head of Crypto at Diagram Ventures, stated, “We’re confident with our investment in Helika as they’ve exhibited remarkable client traction inside NFT communities and with huge gaming developers in a short time. We consider Helika to be at the vanguard of a quickly expanding sector. The firm is well-positioned for future development thanks to its cutting-edge technology and progressive outlook.

Most Web3 businesses need help using data to drive growth choices. With integrated in-game, on-chain, and social media analytics offered by Helika’s no-code platform, companies can better understand the behavior and interactions of their users to boost engagement, user retention, and user acquisition. Helika customers like Yuga Labs and Treasure can gather sales and royalty data, examine wallet activity, onboard new users, and choose the best mint price for upcoming NFT drops, thanks to the platform’s portfolio of potent products.

Several web3 game companies and well-known NFT initiatives have faced significant difficulties due to the need for more awareness of the reach, retention, and income of NFT collections. Top web3 firms may use this information from Helika’s platform to make wise, strategic decisions.

With the USD 4 million in early investment, Helika will be able to grow its business and improve its platform to serve the Web3 community better.

A web3 technology platform called Helika provides real-time statistics and onboards new users to well-known NFT collections and gaming studios. Helika assists leading Web3 businesses like Yuga labs and Treasure to understand their communities better, boost user acquisition and engagement, and drive overall growth with a data-driven strategy. Helika focuses on integrated analytics from Web2, in-game, on-chain, and social media data.

Top venture capital firms, including Diagram Ventures, Sfermion, Sparkle Ventures, Big Brain Holdings, Fenbushi, and Builder Capital, are supporting Helika.

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Kshitij does business research and content writing for VCBay. Pursuing BBA from Symbiosis Center Of Management Studies (SCMS) Pune, he is skilled in Financial Modeling, Stock valuation and Microsoft Excel. He is passionate about Entrepreneurship and Finance.

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