Skillz Inc. operates a proprietary multi player platform that enables skill based competitive gaming and a performance marketing business that helps advertisers acquire and retain users. The company’s core activities involve providing game developers with tools to host real money tournaments, virtual prizes and social competition features directly inside their games, while its advertising technology segment delivers data driven user acquisition and monetization solutions across mobile, connected television and other digital channels. The Skillz platform also offers a software development kit that simplifies integration, provides live operations tools, and includes features such as in game chat, friends lists and tournament creation to enhance the social experience for players.

Skillz Inc. generates revenue primarily by taking a share of the entry fees paid by players who participate in skill based competitions hosted on its platform, and by selling advertising services that enable brands and mobile apps to acquire, retarget and monetize users through its AI powered marketing technology. The company also earns income from developer services such as analytics, live operations and payment processing, which are offered as part of its platform offering. Developers receive a portion of the entry fees collected from players, while Skillz retains the remainder as its platform fee.

The company operates through the following segments.

• Skillz: This segment provides a managed multi player platform that integrates real money tournaments, virtual prizes, leaderboards, anti fraud systems and payment processing into mobile games, allowing developers to monetize their content through skill based competition while focusing on game creation.

• RZR: This segment is a performance marketing platform that uses proprietary machine learning and neural network based architecture to optimize user acquisition, retargeting and brand performance campaigns across mobile, connected television and other digital channels for advertisers and app developers.

Within the mobile gaming and digital advertising industries, Skillz Inc. differentiates itself through its emphasis on fair play, robust anti fraud and anti cheat technology, and a patented platform that aligns developer and player interests via prize based monetization rather than traditional ads or in app purchases, giving it a competitive edge over platforms that rely solely on advertising or microtransactions. The company’s intellectual property portfolio includes over 90 granted patents and more than 100 pending applications covering core platform infrastructure, tournament formats, payment processing, data analytics and user interface enhancements.

Skillz Inc. serves a diverse customer base that includes mobile game developers seeking monetization solutions, advertisers and brands looking for performance driven user acquisition, and end users who participate in skill based competitions on the platform. Its developer community spans independent studios and larger publishers, while its advertising business serves brands in sectors such as consumer applications, retail, food and beverage, and entertainment.