Softnyx Ltd

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Softnyx Ltd - overview

Established

2001

Location

Seoul, -, South Korea

Primary Industry

Software

About

Softnyx Ltd, founded in 2001 and headquartered in Seoul, South Korea, specializes in the development and publishing of video games. The company has not undergone any significant changes in its business strategy. It was founded by individuals whose specific information is not available. In August 2018, NHN Investment invested in Softnyx Ltd.


As of 2025, the company is led by its CEO, Chun-geun Lim. Softnyx is a multi-platform game studio focused on developing and publishing engaging gaming experiences across PC, mobile, and console platforms. The company's core offerings include popular titles such as 'Kingdom Story,' a mobile RPG that modernizes the narratives of the Three Kingdoms era with unique character styles and gameplay, and 'Gunbound,' a dynamic online multiplayer game known for its strategic gameplay and rich visuals. Other notable titles include 'Wolfteam,' an online action FPS pitting werewolves against humans, and 'Operation7,' a military-themed FPS that immerses players in realistic combat scenarios.


Softnyx primarily targets the Latin American market, specifically the Spanish and Portuguese-speaking regions, providing tailored gaming solutions that attract a diverse player base of millions worldwide. Softnyx generates revenue through the sale of video games and in-game purchases, utilizing a direct-to-consumer model that allows players to access their titles via digital platforms. The company operates a transactional structure that includes both free-to-play games with optional in-game purchases and premium game sales. While specific pricing information for individual games or in-game items is not disclosed, the company enhances its revenue through promotional campaigns and seasonal events that boost user engagement and sales.


As a result, Softnyx maintains a steady influx of revenue tied to its flagship titles, which are well-received in its primary geographical markets. In line with its future growth strategy, Softnyx plans to enhance its gaming portfolio by launching new products and expanding into new markets. Specific upcoming titles and their release dates have not been disclosed. The company is keen on entering additional geographic regions, although details on specific targets have not been provided.


The recent acquisition by Funple Works Inc. will support Softnyx in advancing its global platform business and developing O2O and game services.


Current Investors

NHN Investment, SBI Investment Korea, Funple Works Inc.

Primary Industry

Software

Sub Industries

Gaming

Website

www.softnyx.co.kr

Verticals

Mobile Apps

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Softnyx Ltd - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019
Revenue (USD)10,175,445,6128,091,560,959---
% Revenue Growth (YoY)-(20.5%)---
EBITDA (USD)1,755,400,1282,376,196,618---
Operating Income (USD)859,456,3301,554,686,507---
Operating Margin8.4%19.2%---
% EBITDA Margin17.3%29.4%---
NET Income (USD)871,328,7872,780,022,587---
% Net Margin8.6%34.4%---

Softnyx Ltd - 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)
GrowthCompletedSoftnyx Ltd-

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