Aonic Group
- Company typePublic
- Founded2021
- HeadquartersStockholm, Sweden
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingSoftware
Aonic Group firmographics
Firmographics- Name
- Aonic Group
- Legal name
- Aonic AB (publ)
- Website
- https://aonic.co
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Aonic Group industry classification
Industry- Product category
- Gaming and Mobile Ad Technology Platforms
- NAICS
- Software Publishers (5132)
- akta.pro primary industry
- Mobile & F2P Game Studios (MPAFAAAB)
- akta.pro secondary industry
- AAA & Premium Game Studios (PC/Console) (MPAFAAAA)
Keywords
Where Aonic Group is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices12 records
Markets served
Aonic Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Supply Chain
Revenue model
- Mobile Ad Monetization (Exmox, Gravite): Performance-based user acquisition and ad monetization services for mobile game developers, generating revenue through rewarded engagement and programmatic advertising
- Consumer Insights & Research Technology: Prime Insights programmatic sampling platform where users earn rewards for completing surveys, monetized through B2B client relationships with consumer insights researchers
- Game Development & Publishing: Revenue from developing and publishing games across PC, console, VR, and mobile platforms through studio portfolio and Megabit publishing arm
- Gaming Discovery & Loyalty Platforms: Mega Fortuna's Richie Games platform allowing mobile gamers to earn real-world gift cards as they discover new games
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Aonic Group product offering
Product offeringCore offering
Aonic Group operates a portfolio of B2B technology platforms — Exmox for rewarded user engagement in mobile gaming, Prime Insights for consumer insights research, Gravite for mobile ad monetization, and Casa Media for influencer marketing — alongside a network of mid-sized game development studios spanning PC, console, VR, and mobile platforms, supported by the Megabit Publishing arm. The group sells its own developed and published games through digital storefronts and operates platforms that monetize user engagement and survey responses for B2B clients.
Product overview
Aonic Group is a global multiplatform technology and gaming company headquartered in Stockholm, Sweden. The company operates a platform-plus-services architecture comprising: (1) User Engagement Platforms including Exmox (rewarded mobile gaming engagement), Prime Insights (research technology for rewarded surveys), and Gravite (mobile ad monetization); (2) Publishing through Megabit Publishing for PC/console games; (3) Gaming Studios including nDreams (VR), OtherSide Entertainment (PC/console), BKOM Studios, Tiny Roar, Milky Tea, TutoTOONS, and Red Games Co.; and (4) Influencer Marketing via Casa Media. Combined entity spans over 50 million consumers, 600+ employees, with $450M+ yearly revenues. The company was named Europe's fastest-growing Tech company by Financial Times (FT1000, 2026) and ranks #1 in Sweden and IT & Software category.
Differentiator
Problem solved
Functional benefit
Brands
- Exmox: Rewarded User Engagement platform for mobile gaming - Hamburg, Germany
- Prime Insights
- Gravite
- Casa Media
- Aonic Games
- Megabit Publishing
- nDreams
- OtherSide Entertainment
- BKOM Studios
- Tiny Roar
- Milky Tea
- TutoTOONS
- Red Games Co.
Products and services
- Exmox Rewarded user engagement platform for mobile gaming that helps partners scale their user base, increase ROAS, improve retention, and boost overall LTV of users through a multi-reward engagement system. Sold to mobile game developers and publishers.
- Prime Insights Research technology platform where millions of users earn real money by completing online surveys across mobile and web. Provides programmatic sampling through expansive global proprietary panels with over 100 million completed surveys annually. Sold to consumer insights researchers and market research companies.
- Gravite Mobile ad monetization and in-app bidding platform that enables publishers to leverage Google's high-quality demand through real-time bidding auctions, boosting revenue through increased competition. Reaches 100M+ monthly active users through SDK technology.
- Casa Media Influencer marketing platform operating in Berlin, Germany. Provides influencer campaign services to gaming and consumer brands.
- Megabit Publishing PC and console game publishing arm providing world-class publishing services to first and third party studio partners. Manages publishing for titles including Grit and Valor, Thick As Thieves, Lou's Lagoon, OMUT, Hello Sunshine, Verdant, and Pathfinder: Abomination Vaults.
- Mega Fortuna (Richie Games) Mobile gaming discovery and loyalty platform based in Bursa, Türkiye. The Richie Games platform allows mobile gamers to earn real-world gift cards while discovering new games. Operates with 10 million MAUs and 34 employees.
- Grit and Valor - 1949 Dieselpunk real-time tactics roguelite set in alternate-history World War II where players command an elite squad of resistance mech pilots. Developed by Milky Tea, published by Megabit. Platforms: PC (Steam), PlayStation 5, Xbox Series X|S, Nintendo Switch, Epic Games Store.
- Thick As Thieves PvPvE stealth action multiplayer game set in an alternate-history 1910s metropolis. From the creative minds behind Thief and Deus Ex. Developed by OtherSide Entertainment, published by Megabit. Platforms: PC, PlayStation 5, Xbox Series X|S.
- Lou's Lagoon Open world adventure game set in the Limbo Archipelago where players search for their mysteriously disappeared Uncle Lou while building a seaplane delivery business. Developed by Tiny Roar, published by Megabit. Platform: PC (Steam).
- Vendetta Forever Frenetic VR puzzle-shooter from MeatSpace Interactive, published by nDreams. Powered by LO-KILL-MOTION system with 60+ unique levels, game-changing modifiers, and online leaderboards. Available on Meta Quest and PlayStation VR2.
- FRENZIES VR multiplayer shooter developed by Near Light, an nDreams studio. Features five-round matches with varied round types including solo and team-based modes. Available free-to-play on Meta Quest and PlayStation VR2.
- Little Cities: Bigger City creator VR game from nDreams/Purple Yonder. Released on PS VR2 with 4K visuals, 120hz refresh rate, haptic feedback, and eye-tracking. Features content from Meta Quest version.
- Fracked VR action-adventure title from nDreams with run-and-gun combat and 1:1 grabbable cover system. Released on Meta Quest 2, 3, and Pro. Won Best VR/AR Game at 2022 TIGA Awards.
- Transformers: Tactical Arena
Quantifiable outcome
- Platform downloads exceeding 60 million
- +4 more outcomes
Companies that use Aonic Group
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Aonic Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability5 records
Feature4 records
Aonic Group partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered supporting, core and minor.
- DLA PipersupportingServed as legal advisor to Aonic for the Prime Insights acquisition.
- EYsupportingServed as financial and tax adviser to Aonic for the Prime Insights acquisition.
- Warren Spector (OtherSide Entertainment Co-Founder)coreIndustry legend and co-founder of OtherSide Entertainment, best known for pioneering the stealth action genre with Thief and Deus Ex. Leading Thick As Thieves development.
- Paul Neurath (OtherSide Entertainment CEO & Co-Founder)coreCo-founder of OtherSide Entertainment alongside Warren Spector, first worked together in the 1990s on games that pioneered the Immersive Simulation genre including Ultima Underworld and System Shock.
- RokaplayminorGerman publisher partnering with Megabit and Tiny Roar for Lou's Lagoon. Based in Darmstadt, Germany, supports indie developers.
- nDreamscoreAcquired for $110 million. World's biggest VR game developer and publisher with 250 employees. Key titles include Synapse, Phantom: Covert Ops, Ghostbusters: Rise of the Ghost Lord, Far Cry: Dive Into Insanity, and Fracked. Co-founders Patrick and Tamsin O'Luanaigh remain in leadership.
- Purple YonderminorDeveloper behind Little Cities: Bigger! PS VR2 version. nDreams publishing partner bringing the critically acclaimed city creator to PlayStation VR2.
- MeatSpace InteractiveminorDeveloper of VENDETTA FOREVER, published by nDreams third-party publishing arm. Frenetic puzzle-shooter VR game.
- Madame CycloneminorDeveloper of OMUT, a surrealist adventure game published by Megabit. Inspired by Slavic folklore and absurdist literature.
- Şeyhmus Ölker (Mega Fortuna Co-Founder & CEO)coreSeasoned entrepreneur who co-founded Mega Fortuna in early 2023. Previously co-founded App Samurai and POW Games. Leads mobile gaming discovery and loyalty platform with 10M MAUs.
- Burak Göncü (Mega Fortuna Co-Founder & CTO)coreCTO and co-founder of Mega Fortuna, previously co-founded App Samurai and POW Games. Technical leadership for Richie Games platform development.
Scale indicators14 records
Recent moves6 records
Expansion highlights7 records
Aonic Group competitors and assessment
Company assessmentDirect peers
- Embracer Group: Swedish-listed gaming holding group that pursued an aggressive roll-up strategy acquiring mid-sized studios across PC, console, mobile, and VR. Most direct peer given shared Nordic origins, public listing, and multi-platform studio aggregation model.
- Stillfront Group: Swedish-listed gaming consolidator that has built a portfolio of mid-sized mobile and PC studios through serial acquisitions. Comparable in approach to Aonic's studio acquisition strategy and Nordic public-market positioning.
- Savvy Games Group: Gaming holding company backed by Saudi Arabia's Public Investment Fund, actively acquiring and investing in game publishers and developers globally. Similar capital-backed roll-up thesis targeting mid-sized studios.
- Modern Times Group (MTG): Swedish-listed gaming and esports holding company with a portfolio of studios including InnoGames and Kongregate. Comparable Swedish origin, public listing, and strategy of acquiring gaming/esports assets to build a diversified portfolio.
Broad incumbents
- Keywords Studios: Ireland-listed gaming services conglomerate providing localization, QA, art services, and publishing support to game developers. Comparable as an established European gaming services platform serving mid-sized studios, though services-oriented rather than studio-owning.
- AppLovin: US-listed mobile ad tech and gaming platform with comparable rewarded engagement and mediation businesses (Axon, SparkLabs) overlapping directly with Exmox and Gravite. Larger scale, but addresses the same mobile UA and monetization customer base.
- Unity Software: US-listed game engine and monetization platform (including ironSource) serving mobile game developers with bidding mediation and ad tech. Comparable technology stack to Gravite and broader exposure to game development ecosystem.
- Digital Turbine: US-listed mobile media and ad tech company providing user acquisition and media delivery for mobile apps and games. Overlapping customer base and technology approach with Gravite and Exmox mobile UA platforms.
Emerging players
- Rovio Entertainment: Finnish mobile gaming studio and publisher known for Angry Birds, acquired by SEGA in 2024. Comparable as a Nordic mobile game studio with publishing capabilities; smaller and single-studio rather than diversified.
Others
- Supercell: Finnish mobile gaming studio (Clash of Clans, Brawl Stars) majority-owned by Tencent. Comparable as a Nordic mobile game development studio, though operating as an independent creative studio rather than a holding company.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat7 records
Key risks5 records
Key highlights7 records
Customer concentration
Aonic Group social profiles
Digital presenceAonic Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aonic Group leadership team
Management profileNumber of profiles
Profiles3 records
Aonic Group subsidiaries and ownership
Company hierarchySubsidiaries12 records
Aonic Group funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aonic Group M&A and investment
M&A and investmentM&A6 records
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aonic Group
What does Aonic Group do?
Aonic Group operates a portfolio of B2B technology platforms — Exmox for rewarded user engagement in mobile gaming, Prime Insights for consumer insights research, Gravite for mobile ad monetization, and Casa Media for influencer marketing — alongside a network of mid-sized game development studios spanning PC, console, VR, and mobile platforms, supported by the Megabit Publishing arm. The group sells its own developed and published games through digital storefronts and operates platforms that monetize user engagement and survey responses for B2B clients.
Is Aonic Group a public or private company?
Aonic Group is a public company. It is classified as public and is currently operating.
When was Aonic Group founded?
Aonic Group was founded in 2021. It employs 501 to 1,000 people.
Where is Aonic Group based?
Aonic Group is headquartered in Stockholm, Sweden, in the Europe region.
How does Aonic Group make money?
Four revenue lines are on record. Mobile Ad Monetization (Exmox, Gravite) is the primary driver. The others are consumer Insights & Research Technology, game Development & Publishing and gaming Discovery & Loyalty Platforms.
Who are Aonic Group's main competitors?
Direct peers on record are Embracer Group, Stillfront Group, Savvy Games Group and Modern Times Group (MTG). Broad incumbents are Keywords Studios, AppLovin, Unity Software and Digital Turbine. Rovio Entertainment is listed as an emerging player. Supercell is listed as an others.
Does Aonic Group have an API?
No public API is recorded for Aonic Group.
What industry is Aonic Group in?
Aonic Group's product category is Gaming and Mobile Ad Technology Platforms. Its primary akta.pro industry code is MPAFAAAB, Mobile & F2P Game Studios, with a secondary code of MPAFAAAA, AAA & Premium Game Studios (PC/Console). Its NAICS code is 5132.