PlaySafe ID Funding News- PlaySafe ID Raises €1M Funding To Keep Cheaters And Child Predators Out Of Gaming
May 23, 2025 | By Kailee Rainse

PlaySafe ID, a platform that helps keep gaming communities safe from cheaters, hackers, bots, and predators, has raised €1 million in pre-seed funding.
SUMMARY
- PlaySafe ID is a platform that helps keep gaming communities safe from cheaters, hackers, bots, and predators, has raised €1 million in pre-seed funding.
The startup aims to bring trust, fairness, and accountability to online games—while protecting player privacy and freedom.
“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 Andrew Wailes, CEO of PlaySafe ID.
“This is now more important than ever before. 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.”
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PlaySafe ID is built with privacy in mind. It gives users a verified and anonymous digital ID that works across all games. This ID confirms that the player is real and hasn’t cheated or acted inappropriately toward children.
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These are major problems that continue to harm online gaming experiences.
PlaySafe ID uses a secure identity system that helps developers and gaming communities ensure fair play across different games—while still protecting player privacy and keeping games open and creative.
The funding round was led by Early Game Ventures, with additional support from Hartmann Capital and Overwolf.
“We believe PlaySafeID is building the trust layer for gaming — and beyond. In a world where AI and anonymity are eroding safety and fairness, PlaySafeID restores balance with identity, transparency, and accountability,” said Cristian Munteanu, Managing Partner at Early Game Ventures.
“PlaySafeID builds a network-effects flywheel. Once a gamer is verified through PlaySafeID, that identity becomes portable across games, platforms, and genres.
The more developers adopt it, the more valuable it becomes to players — and vice versa. Eventually, the verified identity becomes a default layer of the gaming stack, just like your Steam account or your Xbox Live profile. It’s a winner-takes-all kind of play.”
Felix Hartmann, Managing Partner at Hartmann Capital, said that while gaming has huge social and economic value, it still lacks proper rules and oversight.
“Accountability is fragmented across platforms, allowing bad actors to evade consequences by simply creating new accounts or migrating between games.
Playsafe introduces a judicial system for the digital world — ensuring accountability, safety, and fairness in online spaces that have grown increasingly toxic and uninhabitable. As a universal authority beyond any single game or even nation, Playsafe establishes a digital rule of law across multiplayer platforms worldwide.”
PlaySafe ID is in talks with several major gaming platforms and plans to launch its first partnerships later this year.
The funding will help the company expand quickly, integrate with key platforms, and aim for over 250,000 users in the coming months.
About PlaySafe ID
Founded in 2024, PlaySafe ID is a privacy-focused digital identity platform designed to make online gaming safer. It gives each player one secure ID to help game developers stop cheating, protect kids from predators, and follow rules like the UK’s Online Safety Act. Players who cheat get increasing penalties across all supported games, and predators are banned for good. One ID. One reputation. Real protection.