-20%

est. 2Y upside i

Series B

Stage: exit. Country: Germany

Rank

#3308

Sector

Mobile Gaming

Est. Liquidity

~2Y

Data Quality

Data: Low

The equity upside is negative in the base and bear cases due to declining revenue and high competition.

Last updated: July 3, 2026

Bull (10%)+32%

Assume mild revenue recovery to $257M and exit multiple expansion to 3x on potential M&A premium from parent Playtika, yielding 32% upside.

Base (45%)0%

Flat revenue at $233M and exit multiple of 2.5x, resulting in no upside.

Bear (45%)-51%

Revenue declines 10% annually to $189M, exit multiple compresses to 1.5x due to competitive pressure, yielding a 51.4% loss.

Est. time to liquidity~2.0 years

Preference Stack Risk

moderate

Funding Intensity

1350%

Preferred stock totals $31.5M, representing 5.4% of entry valuation, implying common stock recovers fully above that threshold.

Dilution Risk

low

Company is profitable and has not raised capital since 2011, dilution risk is low.

Secondary Liquidity

none

No secondary market activity reported.

View all 2 open roles at Wooga →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Wooga's data — designed to show you've done your homework.

  • 1

    “How does Wooga plan to reverse the revenue decline and regain growth?”

  • 2

    “What is the competitive advantage of story-driven games over hyper-casual and hybrid casual games?”

  • 3

    “What is the typical liquidity timeline for employee equity, and are there any secondary sale programs?”

Community

Valuation Sentiment

Our model estimates -20% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.