Diligence memo · auto-generated · as of July 2, 2026
Azra Games Inc.
Azra Games Inc. looks fair against its niche peers and is active on financing cadence.
Businessfiled
Azra Games Inc. operates in Gaming, based in SACRAMENTO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Azra Games Inc. has raised $78M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $33M on 2024-06-27.
Most recent recorded round closed around 2025-10-28.
Valuation (modeled)modeled
Provath models Azra Games Inc. at approximately $77M (range $42M–$106M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.94× the median modeled value of Series B Gaming companies in 2025–2027 (5 peers) — value vs value, same stage and era. Within the normal band (94% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 8 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 1.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 98% of Gaming peers (344 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: TaleMonster Games Inc., Cypher Games Inc., Super League Gaming, Inc., Motorsport Games Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.