Edgar is developing a game engine powered by sweepstakes mechanics to unlock real-money engagement in free-to-play (F2P) gaming environments. By embedding regulatory-compliant cash prize systems into game loops, Edgar offers developers a new monetization layer that drives retention, conversion, and player excitement—without relying on traditional IAP models.

The company’s initial product is a next-generation social casino, built in partnership with Betty Gaming, designed to showcase the potential of its real-money engine in one of the highest-LTV segments of casual gaming.

Founded in 2023 and based in New York, Edgar is led by a team with deep experience across gaming infrastructure, compliance, and monetization design.

Edgar has raised a total of $10.4 million USD across four funding rounds, backed entirely by Nocturna Capital:

• Early Rounds: Supported R&D, sweepstakes infrastructure, and compliance architecture

• Later Rounds: Focused on launching the casino vertical, scaling core technology, and expanding B2B integrations for third-party studios

As regulatory environments evolve and user acquisition costs rise, Edgar’s sweepstakes-powered engine presents a differentiated monetization path for studios seeking to deepen engagement and expand revenue potential—without compromising user experience or platform policies.