5th Planet Games Inc.

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5th Planet Games Inc. - overview

Established

2009

Location

Copenhagen, -, Denmark

Primary Industry

Software

About

Based in the United States, 5th Planet Games Inc. specializes in developing, financing, and publishing interactive gaming experiences across various platforms, including console, PC, and mobile devices. Founded in 2009 in Copenhagen, Denmark, 5th Planet Games Inc. focuses on creating engaging games for a diverse audience.


The company has participated in 2 funding deals, with the most recent investment being USD 10. 5 mn from Skybound, LLC in September 2021. The CEO, Matthew Horiuchi, leads the company, which has seen its operations evolve to include the development of original intellectual properties in the television industry. 5th Planet Games specializes in the development, financing, and publishing of interactive gaming experiences across multiple platforms including Console, PC, and mobile devices.


The company's primary focus is on creating engaging content that captivates players globally, addressing the diverse preferences for both digital and physical game distribution. The core offerings encompass a range of video games designed to provide enjoyable and immersive experiences for end users, which include casual gamers as well as dedicated gaming communities. These products are marketed and sold in various regions, including North America, Europe, and parts of Asia, catering to a wide audience of gaming enthusiasts. 5th Planet Games aims to foster strong player communities that enhance user engagement and satisfaction, thereby ensuring that its products resonate with a broad spectrum of gamers.


In the most recent financial year 2023, 5th Planet Games reported a revenue of USD 1. 42 mn and an EBITDA of USD 1. 09 mn. The revenue model is structured around direct-to-consumer sales and partnerships with retailers and distributors, with flagship titles contributing significantly to the revenue stream.


5th Planet Games Inc. plans to utilize the recent funding of USD 10. 5 mn raised in September 2021 to develop its own intellectual properties (IP) in the television industry. The company is also focused on introducing new gaming products to the market and expanding its reach into new geographic regions to enhance its audience base.


Current Investors

Skybound, LLC, DCA Capital Partners, Moneta Ventures

Primary Industry

Software

Sub Industries

Gaming

Website

www.5thplanetgames.com

Verticals

Mobile Apps

Company Stage

Series A

Total Amount Raised

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