Theorycraft Games Inc

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Theorycraft Games Inc - overview

Established

2020

Location

Santa Monica, CA, US

Primary Industry

Software

About

Theorycraft Games Inc is an independent game studio focused on creating engaging multiplayer online battle arena (MOBA) games, with a unique approach that combines MOBA mechanics with battle royale elements. Founded in 2020 and headquartered in Santa Monica, US, Theorycraft Games Inc specializes in the development of innovative gameplay experiences. The company was co-founded by Areeb Pirani, Michael Evans, and Moby Francke, who have a background in game development. Theorycraft Games has successfully completed 2 deals, with the most recent funding round occurring on August 18, 2022.


They raised USD 50. 00 mn in Series B funding, led by Makers Fund, with participation from Andreessen Horowitz and New Enterprise Associates. The total amount raised by the company now stands at USD 50. 00 mn, with a current company valuation of USD 383.


11 mn. Theorycraft Games is recognized for their flagship title SUPERVIVE, a multiplayer online battle arena (MOBA) game that incorporates battle royale mechanics. This game is designed to offer dynamic gameplay, where players can jump, glide, and engage in team battles within a vast aerial environment. The studio aims to create immersive gaming experiences that allow players to connect socially and competitively, targeting a wide audience across various platforms.


The revenue for Theorycraft Games is primarily generated through a free-to-play model for SUPERVIVE, complemented by in-game purchases such as cosmetic items and character upgrades. This model facilitates direct-to-consumer sales and promotes ongoing revenue generation as players engage with the game's offerings. Additionally, the company may establish strategic partnerships to enhance distribution and monetization efforts. In August 2022, Theorycraft Games raised USD 50.


00 mn in Series B funding to support the further development of its first game, SUPERVIVE. The company plans to expand into new markets, although specific regions have not been disclosed. This funding will be pivotal in enhancing the game and potentially exploring new geographical regions to broaden its audience.


Current Investors

New Enterprise Associates, Sanren Capital, Sisu Game Ventures

Primary Industry

Software

Sub Industries

Gaming, Multimedia & Graphics

Website

www.theorycraftgames.com

Verticals

Big Data

Company Stage

Series B

Total Amount Raised

Subscriber access only

Theorycraft Games Inc - employee data

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