howard woods
san marino, CA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
loyalty play holdings
Find More Startups
Startup
Location:
los angeles
Industry:
Media
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
Loyalty Play Holdings (LPH) is a first of its kind loyalty currency based casual gaming and ecommerce platform. LPH is now the only online game destination accepting frequent flyer miles & points, the world’s largest currency, for entry into online casual tournament game play, the world’s most popular online game activity.
Frequent flyer mile, hotel and other loyalty programs now spend their cash reserves to fund their members’ on-line and mobile game entertainment and chances to win travel and non-travel related prizes and rewards.
LPH is experiencing significant and accelerating global demand with 2011 revenue of $120,000 and current 2012 contracts valued at +$3m. The company seeks growth / expansion funding of $200,000 to complete integration with launch partners and expand commercial operations. We also have a secondary capital need of $1-3 million in Round 1 equity financing to pursue the growing demand in Asia and Europe and to develop and release our second wave of platform features.
I can provide an executive summary or business plan upon request.