Editing News/PlaySafe ID Secures $1.12m

{{News
|seo_title=PlaySafe ID Secures $1.12m
|seo_keywords=PlaySafe ID
|image=Playsafe ID121.jpg
|tags=PlaySafe ID
|date=2025-06-02T14:27:34.000Z
|sources={{NewsSource
|source=Games Industry
|url=https://www.gamesindustry.biz/playsafe-id-raises-112m-in-pre-seed-funding-round
|article=News/PlaySafe ID Secures $1.12m
}}
|author=Andura
|category=Investments
|content=PlaySafe ID, a startup focused on digital identity solutions for gamers, has raised $1.12 million in a pre-seed funding round led by Early Game Ventures, with additional backing from Hartmann Capital and Overwolf.

The funding will support the expansion of PlaySafe ID’s platform as it moves toward a commercial launch aimed at onboarding 250,000 users. The company’s technology provides players with a “verified, anonymous, and game-agnostic digital ID” that confirms a user is legitimate and free of cheating or inappropriate behavior—particularly behavior that endangers children.

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CEO Andrew Wailes emphasized the urgency of PlaySafe ID’s mission, citing industry-wide challenges with player misconduct and evolving regulatory demands.

“This round gives us the firepower to move fast, expand our world-class team, and partner with games that want the most fair and safe environment for players to enjoy,” said Wailes.

“With cheating in games as a mass epidemic that ruins fun for players daily, and the Online Safety Act ushering in long overdue requirements for child protection in gaming, PlaySafe ID’s mission to safeguard gamers isn’t just relevant – it’s now essential for compliance and the future of global gaming.”

PlaySafe ID is currently in discussions with several major gaming platforms and expects to announce its first official partnerships later this year.

The startup positions its solution as a foundational layer of trust in an increasingly complex online environment, where anonymity and AI-generated behavior are raising new safety concerns.

Cristian Munteanu, managing partner at Early Game Ventures, echoed that vision:

“We believe PlaySafe ID is building the trust layer for gaming – and beyond. In a world where AI and anonymity are eroding safety and fairness, PlaySafe ID restores balance with identity, transparency, and accountability. Once a gamer is verified through PlaySafe ID, that identity becomes portable across games, platforms, and genres.”
}}