KGeN (Kratos Gamified Engagement Network) has raised $13.5 million in a strategic funding round, led by Prosus Ventures, Jump Crypto, and Accel.
With this funding round, KGeN’s total investment has reached $43.5 million, according to Prosus Ventures.
This comes after a $20 million seed round in January 2023 and a $10 million ecosystem round in November 2024, as the company grows its protocol, commerce tools, and loyalty systems in over 60 countries.
“KGeN solves the hardest problem in consumer growth: trust. By verifying real users and turning reputation into an asset, we’re giving AI, DeFi, gaming companies and consumer apps a distribution rail that converts and scales,” said, Manish Agarwal, Elder Council at KGeN.
“We built KGeN to be partner-first and protocol-driven: verifiable users in, measurable outcomes out. With POGE as the reputation backbone, partners can acquire, retain, and reward the right users while letting those users carry value across the open internet,” said, Ishank Gupta, Elder Council at KGeN.
“KGeN has changed distribution into an accountable system of record from what was once a spend line,” said Saurabh Sharma, CIO at Jump Crypto. “The combination of verified users, on-chain proofs, and real revenue traction sets the protocol to power the new influx of AI and DeFi applications.
KGeN was founded in 2022 by Manish Agarwal and Ishank Gupta as a decentralized Web3 gaming network for developers and gamers.
The platform uses blockchain technology to offer community-building tools, testing environments, and tournament infrastructure for its users.
KGeN allows users to keep control of their data while earning rewards for participating on the platform.
It also provides a verification system to confirm user authenticity and activity, helping businesses reduce bots and fake accounts during customer acquisition.
KGeN has 38.9 million users, including 6.14 million monthly active users, and generates $48.3 million in annualized revenue.
The platform provides verified user acquisition, on-chain loyalty programs, and decentralized storefronts using its POGE reputation system and a global clan network spanning over 60 countries.
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