Candivore

Candivore is a Tel Aviv, Israel-based mobile game development studio founded in 2018. Its principal product is Match Masters, a mobile puzzle game that adapts the match-3 genre into live player-versus-player competition, with turn-based matches, rotating daily gameplay modes, tournaments and events through which players earn rewards.

The studio develops and operates the title itself, running large-scale consumer marketing around it, and describes an internal structure built on a team that had worked together prior to founding, with an emphasis on independence and flexibility. Directory listings place the company in gaming, mobile games, puzzle games and consumer app categories, with headcount reported at approximately 127 (a separate listing gives a 51-200 band).

Founding story

Candivore was founded in 2018 by an experienced team whose members had worked together for years, and the founders built the studio around a collaborative, open environment with independence, flexibility and trust.

Business model

Candivore builds and operates its own casual mobile games, distributed through the mobile app stores, and invests in mass-market advertising to acquire players for its flagship title.

Revenue is generated from the mobile game Match Masters; third-party app intelligence data attributed $7 million of monthly revenue to the title in March 2022.

Traction

As of May 2022, Match Masters had surpassed 30 million downloads across mobile app stores, more than 5 million monthly active users and over 10 million matches played daily, with Sensor Tower data indicating $7 million of revenue in March 2022.

Latest developments

Following the $10 million round from Vgames and Tiger Global Management announced in May 2022, Candivore launched its largest advertising campaign to date in the United Kingdom and a London consumer festival. Haveli Investments subsequently acquired a minority stake in the studio.