Hardsuit Labs Inc.

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Hardsuit Labs Inc. - overview

Established

2015

Location

Seattle, WA, US

Primary Industry

Software

About

Hardsuit Labs Inc. is a game design and development company focusing on innovative engineering and co-development services for the video game industry, delivering tailored gaming experiences to its diverse clientele. Founded in 2015 and headquartered in Seattle, US, Hardsuit Labs is known for its game design and development services. The company was fully acquired by Keywords Studios in May 2023 for USD 4 million, marking a strategic expansion in the US market.


The current CEO is Andy Kipling, who has been pivotal in leading the company's growth and operational strategies. Hardsuit Labs specializes in full game design and development, co-development, engineering, and porting services. They work with major publishers and gaming companies to create tailored gaming experiences, utilizing their team's diverse expertise to meet specific client needs across North America, Europe, and parts of Asia. Hardsuit Labs generates revenue through structured B2B partnerships with game publishers, providing tailored game development solutions.


They engage in project-based contracts that cover a range of services from game design to comprehensive engineering support, aligning with the strategic objectives of their clients. The acquisition by Keywords Studios on May 11, 2023, will facilitate Hardsuit Labs' expansion into the US market while enhancing product development capabilities. The funding from this transaction will be directed towards launching new products and broadening their geographic reach to potentially include additional territories in North America and Europe.


Current Investors

Paradox Interactive AB

Primary Industry

Software

Sub Industries

Gaming

Website

www.hardsuitlabs.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Hardsuit Labs Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedHardsuit Labs Inc.-
Add-onCompletedHardsuit Labs Inc.-

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