Third Time Entertainment is an Orlando, FL-based game development studio that created Photo Finish™ LIVE, a Solana blockchain-based virtual horse racing simulator. The game mirrors real-life horse racing with horse genealogy, characteristics, and life cycles, and enables players to earn real-money rewards. Since its late-April launch the platform has generated more than $4 million from virtual horse sales, $3.5 million from entry fees, and over $1.3 million from breeding fees. The company secured a partnership with Churchill Downs that made Photo Finish™ LIVE the Official Game of the Kentucky Derby and the exclusive host of a monthly Virtual Kentucky Derby event. Third Time intends to use the funds to expand product offerings, scale its team, and explore strategic partnerships. The company is led by Founder and CEO Ian Cummings and previously raised an initial $3.5M seed in March 2022. Third Time Entertainment is an independent game studio focused on mobile and browser-based blockchain games, including Photo Finish Live and the sports-themed metaverse The Suites. The studio builds experiences that layer NFTs and native tokens into gameplay, with Photo Finish Live planned to support earning, breeding, buying, selling, training and auctioning of NFT horses. Photo Finish Live will use two native fungible tokens, $CROWN and $DERBY, to drive in-game interactions; The Suites uses $SUITE for its social-metaverse economy. The company says it has over 13 million downloads across its prior horse racing games and has created simulations for NBC’s Triple Crown broadcasts. Third Time will use the financing to grow its team and expand its portfolio, aiming to match web2 gameplay quality while enabling decentralized economies. The company was founded in 2015 and is based in Orlando, Florida.

Total raised

$6M

Funding rounds

2

Latest round

Seed

Latest activity

Nov 2023