Tracxn's proprietary taxonomy brings to you top Business Models in Gaming rebrand.ly/d9kunva Get our free reports on Practice Area or sector of your interest to your mailbox regularly https://rb.gy/cx2upn

1. TRACXN TOP BUSINESS MODELS REPORT
June 11, 2021
GAMING

2. Gaming - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
Gaming Funding - Overview 3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Gaming - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Funding in last 1 year
3
PC & Console Gaming $3.1B
Mobile Gaming $2.9B
eSports $2.6B
Gaming Tech $1.3B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Play Ventures
Tencent
Y Combinator
8
6
4
Early
Stage
Makers Fund
Bitkraft
Galaxy Interactive
7
6
5
Late
Stage
Sony
Fidelity Investments
Sequoia Capital
5
3
3
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (65%)
Canada (9%)
India (5%)
China (5%)
United Kingdom (4%)
Singapore (2%)
Brazil (2%)
Others (7%)
$ Funding # Rounds
Epic Games
(1991, United States)
$1.0B - Series E
Roblox
(2006, United States)
$520M - Series H
Scopely
(2011, United States)
$340M - Series E
Dapper Labs
(2018, Canada)
$305M - Series C
Vindex
(2019, United States)
$300M - Series B
Epic Games
(1991, United States)
$250M - Series E
Dapper Labs
(2018, Canada)
$250M - Series B
Forte
(2016, United States)
$185M - Series A
Skillz
(2012, United States)
$159M - Series D
Wildlife Studios
(2011, Brazil)
$120M - Series B
Manticore Games
(2016, United States)
$101M - Series C
Discord
(2000, United States)
$100M - Series D

4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲13 PC and Console Core Game Developers $1.4B 25 Epic Games | $1.0B | Series E Link
2-- FPS eSports Game Developers $1.3B 4 Epic Games | $1.0B | Series E Link
3▲5 PC and Console Casual Game Developers $803M 31 Dapper Labs | $305M | Series C Link
4▼2 Mobile Casual Game Developers $729M 38 Scopely | $340M | Series E Link
5<> 0 Online Gaming Platforms $725M 13 Roblox | $520M | Series H Link
6▼2 Mobile Gaming Platforms $638M 14 Roblox | $520M | Series H Link
7▲4 Real Money eSports Gaming Platforms $508M 28 Skillz | $159M | Series D Link
8▲5 eSports Conglomerates $315M 5 Vindex | $300M | Series B Link
9▲26 Gaming Engines $305M 15 Forte | $185M | Series A Link
10▲35 Gamer Voice and Chat Apps $200M 3 Discord | $100M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▼5 eSports Player Organizations $179M 28 Envy | $40.0M | Series C Link
12▲3 Cloud Gaming $150M 7 Beijing Zhanx.. | $100M | Series C Link
13▲25 Drag and Drop Gaming Engines $145M 4 Rec Room | $100M | Series D Link
14▼5 eSports Gaming Platforms $141M 37 Skillz | $159M | Series D Link
15▲10 Gamer Community Platforms $113M 6 TT Voice | $100M | Series B Link
16▲38 Online MMO Game Developers $110M 2 Playco | $100M | Series A Link
17▲26 Game Streaming Management Tools $104M 8 Overwolf | $52.5M | Series C Link
18▼17 eSports League Organizers $66.3M 9 NODWIN Gaming | $22.4M | Series B Link
19▼3 Mobile Core Game Developers $47.0M 17 Epic Games | $1.0B | Series E Link
20▼3 Mobile Mid Core Game Developers $46.7M 5 QC Play | $46.7M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲6 Gamer Performance Analytics $46.4M 5 Statespace | $34.6M | Series B Link
22▼3 Gaming Industry Insights $44.1M 5 ThinkingData | $15.4M | Series B Link
23▲13 eSports Betting Platforms $34.6M 3 Rivalry | $20.0M | Series B Link
24▲26 PC and Console Core VR Game Developers $34.2M 4 Survios | $16.7M | Series C Link
25▼2 Online Casual Game Developers $31.2M 6 Playco | $100M | Series A Link
26-- Mobile Casino Game Developers $30.0M 1 Pokerface | $30.0M | Series A Link
27▼15 eSports Live Streaming Platforms $27.5M 3 VENN | $26.0M | Series A Link
28-- Mobile Casual VR Game Developers $26.5M 1 Avakin | $26.5M | Series A Link
29▲1 Game Clips Sharing Tools $26.1M 5 Powder | $14.0M | Series A Link
30▼10 Mobile Game Publishers $22.2M 8 Homa Games | $15.0M | Seed Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31-- VR Enabled eSports Arenas $21.8M 3 Virtuix Omni | $19.0M | Series A Link
32▲17 Free-to-play eSports Gaming Platforms $21.8M 3 Challengermode | $12.0M | Series A Link
33▼11 Mobile Sports Game Developers $19.7M 3 GreenPark Sp.. | $14.0M | Series A Link
34-- Mobile Hypercasual Game Publishers $15.0M 2 Homa Games | $15.0M | Seed Link
35-- In Game Virtual Assets Marketplace $12.0M 5 DMarket | $6.5M | Series A Link
36▼3 Game Backend as a Service $12.0M 1 Pragma | $12.0M | Series A Link
37-- eSports Tournament Management Software $10.5M 4 Dynasty | $5.0M | Series A Link
38▼31 Mobile Social Game Developers $9.8M 2 Pocket Worlds | $8.3M | Series A Link
39▼5 eSports Coaching Platforms $9.7M 4 Metafy | $5.5M | Seed Link
40▲13 In Game Ad Campaigns $8.5M 2 Admix | $7.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▲3 Online Game Retailer $8.0M 1 Eneba | $8.0M | Series A Link
42-- Game Audio Plugins $6.7M 2 Elias | $4.3M | Series A Link
43▲9 Game Portfolio Insights $6.0M 1 Bayes Holding | $6.0M | Series A Link
44▲12 PC and Console Game Publishers $5.7M 4 Skystone Games | $3.0M | Series A Link
45▼5 Mobile Mid Core AR Game Developers $4.9M 3 Aglet | $4.5M | Series A Link
46-- eSports Tournament Discovery Platforms $4.6M 1 Battlefy | $4.6M | Series A Link
47▼19 Gaming Animation Software $4.5M 3 Ziva Dynamics | $2.0M | Seed Link
48-- Gamer Rewards Management $4.3M 3 Ryu Games | $2.3M | Seed Link
49▼25 eSports Fantasy Platforms $4.0M 1 Esports One | $4.0M | Series A Link
50▼24 MOBA eSports Game Developers $3.2M 2 Hidden Leaf Games | $3.2M | Seed Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
PC and Console Core Game Developers
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.4B (▲2718%)
25(▼7.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
116
$5.3B
357
46
952
27
PC & Console Gaming (Roblox)
(# Cos: 3843 | $12.6B)
Game Developers (Team17)
(# Cos: 3052 | $9.9B)
PC & Console Games (JAM CITY)
(# Cos: 2384 | $7.6B)
Core Games (Codemasters)
(# Cos: 952 | $5.3B)
Codemasters
(1986, United Kingdom, $98.6M)
Electronic Arts
(1982, United States)
Ubisoft
(1986, France)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Epic Games (1991, United States)
$1.0B - Series E - Apr 2021
Epic Games (1991, United States)
$250M - Series E - Jul 2020
Rockstar Games (1998, United States)
$40.8M - Series C - Sep 2020
Theorycraft G.. (2020, United States)
$37.5M - Series A - Mar 2021
Multiverse En.. (2016, United States)
$17.5M - Series A - Apr 2021
Survios (2013, United States)
$16.7M - Series C - Oct 2020
Big Time Stud.. (2020, United States)
$10.3M - Series A - May 2021
View all 25 Funding Rounds on Tracxn Platform

10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Epic Games (1991, United States)
$1.0B - Series E - Apr 2021
Epic Games (1991, United States)
$250M - Series E - Jul 2020
Critical Force (2012, Finland)
$10.0M - Series B - Jan 2021
Epic Games (1991, United States)
Undisclosed - Series E - Aug 2020
FPS eSports Game Developers
02
10
Back to index
eSports (Skillz)
(# Cos: 1244 | $14.4B)
Game Developers (Riot Games)
(# Cos: 65 | $3.6B)
FPS (Epic Games)
(# Cos: 15 | $3.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.3B ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$3.3B
8
2
15
2
Epic Games
(1991, United States, $2.8B)
Critical Force
(2012, Finland, $20.8M)
Activision Blizzard
(1991, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
PC and Console Casual Game Developers
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$803M (▲798%)
31(▲107%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
101
$2.3B
343
27
1432
20
PC & Console Gaming (Roblox)
(# Cos: 3843 | $12.6B)
Game Developers (Codemasters)
(# Cos: 3052 | $9.9B)
PC & Console Games (Team17)
(# Cos: 2384 | $7.6B)
Casual Games (JAM CITY)
(# Cos: 1432 | $2.3B)
JAM CITY
(2007, United States, $150M)
Team17
(1990, United Kingdom, $21.8M)
Atari
(1972, United States, $9.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Dapper Labs (2018, Canada)
$305M - Series C - Mar 2021
Dapper Labs (2018, Canada)
$250M - Series B - Feb 2021
Manticore Games (2016, United States)
$101M - Series C - Mar 2021
Build A Rock.. (2016, United Kingdom)
$40.8M - Series B - Sep 2020
110 Industries (2017, United Kingdom)
$20.0M - Series A - Aug 2020
Manticore Games (2016, United States)
$15.0M - Series B - Sep 2020
PortalOne (2018, United States)
$15.0M - Seed - Apr 2021
View all 31 Funding Rounds on Tracxn Platform

12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Mobile Casual Game Developers
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$729M (▲7.1%)
38(▲8.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
153
$4.4B
770
41
4809
33
Mobile Gaming (Roblox)
(# Cos: 7688 | $17.6B)
Game Developers (Riot Games)
(# Cos: 7042 | $14.3B)
Casual (JAM CITY)
(# Cos: 5577 | $5.5B)
Multi Genre (Zynga)
(# Cos: 4809 | $4.4B)
Zynga
(2007, United States, $707M)
JAM CITY
(2007, United States, $150M)
Team17
(1990, United Kingdom, $21.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Scopely (2011, United States)
$340M - Series E - Oct 2020
Wildlife Studios (2011, Brazil)
$120M - Series B - Aug 2020
Tripledot (2017, United Kingdom)
$78.0M - Series A - Apr 2021
Dream Games (2000, Turkey)
$50.0M - Series A - Feb 2021
JetSynthesys (2012, India)
$40.2M - Series C - Jul 2020
metacore (2014, Finland)
$17.8M - Series A - Sep 2020
Candivore (2018, Israel)
$12.0M - Series B - Feb 2021
View all 38 Funding Rounds on Tracxn Platform

13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Online Gaming Platforms
05
13
Back to index
PC & Console Gaming (JAM CITY)
(# Cos: 3843 | $12.6B)
Game Platforms (Roblox)
(# Cos: 572 | $2.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$725M (▲361%)
13(▲160%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
34
$2.4B
114
2
572
4
Roblox
(2006, United States, $918M)
AirConsole
(2014, Switzerland, $3.0M)
Kongregate
(2006, United States, $9.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Roblox (2006, United States)
$520M - Series H - Jan 2021
Metaworld (2020, Singapore)
$100M - Series C - Mar 2021
Mythical (2003, United States)
$75.0M - Series B - Jun 2021
One More Mult.. (1994, United States)
$17.5M - Series A - Apr 2021
Rooney Media (2017, South Korea)
$3.8M - Series A - Jul 2020
Piepacker (2019, United States)
$3.0M - Seed - Jun 2021
Hiber (2017, Sweden)
$2.2M - Seed - Aug 2020
View all 13 Funding Rounds on Tracxn Platform

14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Mobile Gaming Platforms
06
14
Back to index
Mobile Gaming (Riot Games)
(# Cos: 7688 | $17.6B)
Gaming Platforms (Roblox)
(# Cos: 318 | $2.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$638M (▲242%)
14(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$2.3B
109
4
318
8
Roblox
(2006, United States, $918M)
DeNA
(1999, Japan, $19.2M)
Gamezop
(2015, India, $4.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Roblox (2006, United States)
$520M - Series H - Jan 2021
Metaworld (2020, Singapore)
$100M - Series C - Mar 2021
Bunch (2017, United States)
$20.0M - Series A - Sep 2020
One More Mult.. (1994, United States)
$17.5M - Series A - Apr 2021
Brain Buzz (2017, United States)
$6.7M - Series A - Mar 2021
Gamezop (2015, India)
$4.3M - Series A - Jul 2020
Gaggle Fun (2020, Canada)
$2.0M - Seed - Apr 2021
View all 14 Funding Rounds on Tracxn Platform

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Real Money eSports Gaming Platforms
07
15
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$508M (▲661%)
28(▲55.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$907M
98
1
300
6
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
eSports Platforms (WinZO)
(# Cos: 629 | $1.4B)
Competitive Gaming (MPL)
(# Cos: 500 | $1.3B)
Real Money Gaming (Skillz)
(# Cos: 300 | $907M)
Skillz
(2012, United States, $213M)
MPL
(2018, India, $236M)
WinZO
(2016, India, $27.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Skillz (2012, United States)
$159M - Series D - Sep 2020
MPL (2018, India)
$95.0M - Series D - Feb 2021
MPL (2018, India)
$90.0M - Series C - Sep 2020
G-Loot (2012, Sweden)
$56.1M - Series C - Oct 2020
GameTaco (2015, United States)
$51.9M - Series A - Jun 2021
WinZO (2016, India)
$18.0M - Series B - Sep 2020
Zupee (2018, India)
$10.0M - Series B - Jan 2021
View all 28 Funding Rounds on Tracxn Platform

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
eSports Conglomerates
08
16
Back to index
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
eSports Conglomerates (ReKTGlobal)
(# Cos: 14 | $486M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$315M (▲421%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$486M
8
3
14
2
ReKTGlobal
(2017, United States, $10.8M)
Gfinity
(2012, United Kingdom)
Vindex
(2019, United States, $375M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Vindex (2019, United States)
$300M - Series B - Jul 2020
Vindex (2019, United States)
$15.0M - Series B - Feb 2021
Amuka Esports (2019, Canada)
Undisclosed - Series A - Apr 2021
ReKTGlobal (2017, United States)
Undisclosed - Angel - Dec 2020
Ampverse (2019, Singapore)
Undisclosed - Seed - Sep 2020

17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Forte (2016, United States)
$185M - Series A - May 2021
Manticore Games (2016, United States)
$101M - Series C - Mar 2021
Rec Room (2016, United States)
$100M - Series D - Mar 2021
Buildbox (2015, United States)
$20.0M - Series B - Jan 2021
Rec Room (2016, United States)
$20.0M - Series C - Dec 2020
Manticore Games (2016, United States)
$15.0M - Series B - Sep 2020
Beamable (2010, United States)
$5.2M - Series A - Feb 2021
View all 15 Funding Rounds on Tracxn Platform
Gaming Engines
09
17
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Development (Improbable)
(# Cos: 558 | $2.6B)
Game Engines (Unity)
(# Cos: 234 | $2.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$305M (▲5111%)
15(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$2.1B
95
1
234
7
Unity
(2004, United States, $634M)
Improbable
(2012, United Kingdom, $789M)
Rec Room
(2016, United States, $149M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Discord (2000, United States)
$100M - Series D - Jun 2020
Discord (2000, United States)
$100M - Series H - Nov 2020
Discord (2000, United States)
Undisclosed - Series H - May 2021
Gamer Voice and Chat Apps
10
18
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Gamers Tools (BlueStacks)
(# Cos: 256 | $997M)
Voice and Chat Apps (Discord)
(# Cos: 12 | $494M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M (▲9207%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$494M
8
-
12
1
Discord
(2000, United States, $478M)
Rune
(2017, United States, $2.1M)
Plexchat
(2015, United States, $7.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
eSports Player Organizations
11
19
Back to index
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
Player Organizations (Gen.G)
(# Cos: 180 | $778M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$179M (▲16.7%)
28(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$778M
64
1
180
15
Gen.G
(2019, United States, $46.0M)
FaZe Clan
(2010, United States, $40.0M)
Fnatic
(2004, United Kingdom, $68.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Envy (2007, United States)
$40.0M - Series C - Mar 2021
Immortals (2015, United States)
$26.0M - Series B - Nov 2020
Immortals Gam.. (2015, United States)
$26.0M - Series B - Nov 2020
Omaken Sports (2020, Norway)
$17.6M - Series B - Feb 2021
Fnatic (2004, United Kingdom)
$17.0M - Series B - May 2021
EVOS eSports (2016, Singapore)
$12.0M - Series B - Oct 2020
Fnatic (2004, United Kingdom)
$10.1M - Series A - Aug 2020
View all 28 Funding Rounds on Tracxn Platform

20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Cloud Gaming
12
20
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Cloud Gaming (Shadow)
(# Cos: 72 | $464M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$150M (▲242%)
7(▼12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$464M
39
1
72
5
Shadow
(2015, France, $105M)
Rainway
(2002, United States, $5.2M)
Ubitus
(2007, Taiwan, $17.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Beijing Zhanxin Zhanl.. (2016, China)
$100M - Series C - Mar 2021
Parsec (2016, United States)
$25.0M - Series B - Dec 2020
Gloud (2014, China)
$11.5M - Series B - Sep 2020
Nianli (2019, China)
$8.0M - Series A - May 2021
ABYA (2016, United States)
$2.7M - Series A - Apr 2021
Gameye (2017, Netherlands)
$2.4M - Seed - Sep 2020
Ubitus (2007, Taiwan)
Undisclosed - Series C - Mar 2021

21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Drag and Drop Gaming Engines
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$145M (▲2805%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$199M
21
-
47
4
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Development (Improbable)
(# Cos: 558 | $2.6B)
Game Engines (Unity)
(# Cos: 234 | $2.1B)
Drag and Drop (Rec Room)
(# Cos: 47 | $199M)
Rec Room
(2016, United States, $149M)
GetReady
(2016, Canada, $8.0M)
Buildbox
(2015, United States, $20.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Rec Room (2016, United States)
$100M - Series D - Mar 2021
Buildbox (2015, United States)
$20.0M - Series B - Jan 2021
Rec Room (2016, United States)
$20.0M - Series C - Dec 2020
Beamable (2010, United States)
$5.2M - Series A - Feb 2021

22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Skillz (2012, United States)
$159M - Series D - Sep 2020
Rec Room (2016, United States)
$100M - Series D - Mar 2021
MPL (2018, India)
$95.0M - Series D - Feb 2021
MPL (2018, India)
$90.0M - Series C - Sep 2020
G-Loot (2012, Sweden)
$56.1M - Series C - Oct 2020
GameTaco (2015, United States)
$51.9M - Series A - Jun 2021
Rec Room (2016, United States)
$20.0M - Series C - Dec 2020
View all 37 Funding Rounds on Tracxn Platform
eSports Gaming Platforms
14
22
Back to index
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
eSports Platforms (MPL)
(# Cos: 629 | $1.4B)
Competitive Gaming (Skillz)
(# Cos: 500 | $1.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$141M (▲70.5%)
37(▲42.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$1.3B
150
2
500
11
Skillz
(2012, United States, $213M)
MPL
(2018, India, $236M)
WinZO
(2016, India, $27.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Gamer Community Platforms
15
23
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Gamers Community (FANDOM)
(# Cos: 231 | $375M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$113M (▲502%)
6(▼14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$375M
74
2
231
3
FANDOM
(2005, United States, $152M)
Guilded
(2017, United States, $10.2M)
Enthusiast Gaming
(2013, Canada, $600K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TT Voice (2014, China)
$100M - Series B - Feb 2021
PlayBrain (2016, Japan)
$6.0M - Series A - Jun 2020
eFuse (2018, United States)
$6.0M - Series A - Feb 2021
OkLetsPlay (2016, United States)
$1.0M - Seed - Mar 2021
Kronte (2019, Spain)
$113K - Seed - Jul 2020
rally (2012, United States)
Undisclosed - Seed - Jan 2021

24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Online MMO Game Developers
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$110M (▲ >10K%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$383M
52
3
78
2
PC & Console Gaming (Roblox)
(# Cos: 3843 | $12.6B)
Game Developers (JAM CITY)
(# Cos: 3052 | $9.9B)
Web Games (Gamee)
(# Cos: 668 | $2.3B)
Casual Games (Playtika)
(# Cos: 611 | $1.6B)
MMO Games (KIXEYE)
(# Cos: 78 | $383M)
KIXEYE
(2007, United States, $39.0M)
Artie
(2017, United States, $10.0M)
Gaia Games
(2003, United States, $31.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Playco (2010, United States)
$100M - Series A - Sep 2020
Artie (2017, United States)
$10.0M - Seed - Feb 2021

25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Overwolf (2009, Israel)
$52.5M - Series C - Mar 2021
Restream (2015, United States)
$50.0M - Series A - Aug 2020
inSTREAMLY (2019, Poland)
$1.3M - Seed - Apr 2021
Botisimo (2018, United States)
$700K - Angel - Oct 2020
Organization.GG (2020, United States)
$610K - Seed - Mar 2021
Hyperplane (2020, United States)
$125K - Seed - Jan 2021
Organization.GG (2020, United States)
Undisclosed - Seed - Sep 2020
View all 8 Funding Rounds on Tracxn Platform
Game Streaming Management Tools
17
25
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Gamers Tools (Discord)
(# Cos: 256 | $997M)
Streaming Management (Overwolf)
(# Cos: 61 | $200M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$104M (▲3434%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$200M
31
-
61
5
Overwolf
(2009, Israel, $74.7M)
Lightstream
(2014, United States, $9.9M)
Restream
(2015, United States, $56.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
eSports League Organizers
18
26
Back to index
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
League Organizers (Garena)
(# Cos: 159 | $5.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$66.3M (▼96.6%)
9( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
15
$5.5B
58
4
159
10
Garena
(2009, Singapore, $722M)
Nazara
(2000, India, $133M)
NODWIN Gaming
(2012, India, $22.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
NODWIN Gaming (2012, India)
$22.4M - Series B - Mar 2021
Nazara (2000, India)
$13.7M - Series C - Feb 2021
Nerd Street G.. (2009, United States)
$12.0M - Series B - Feb 2021
High School E.. (2013, United States)
$10.8M - Series B - Mar 2021
Nerd Street G.. (2009, United States)
$5.4M - Series A - Jul 2020
Nerd Street G.. (2009, United States)
$1.4M - Series B - Apr 2021
IGL (2016, India)
$500K - Seed - Mar 2021
View all 9 Funding Rounds on Tracxn Platform

27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Epic Games (1991, United States)
$1.0B - Series E - Apr 2021
Epic Games (1991, United States)
$250M - Series E - Jul 2020
Multiverse En.. (2016, United States)
$17.5M - Series A - Apr 2021
Critical Force (2012, Finland)
$10.0M - Series B - Jan 2021
Carbonated (2015, United States)
$8.5M - Seed - Jul 2020
Madfinger Ga.. (2009, Czech Republic)
$6.1M - Series A - May 2021
Savage Game Studios (2020, Germany)
$4.4M - Seed - Jan 2021
View all 17 Funding Rounds on Tracxn Platform
Mobile Core Game Developers
19
27
Back to index
Mobile Gaming (JAM CITY)
(# Cos: 7688 | $17.6B)
Game Developers (Zynga)
(# Cos: 7042 | $14.3B)
Core (Riot Games)
(# Cos: 505 | $6.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$47.0M (▲12.1%)
17(▲6.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$6.4B
188
24
505
19
Riot Games
(2006, United States, $15.0M)
Animocabrands
(2006, China, $150K)
Electronic Arts
(1982, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Mobile Mid Core Game Developers
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$46.7M (▲44.5%)
5(▼28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
60
$2.3B
319
32
838
12
Mobile Gaming (Zynga)
(# Cos: 7688 | $17.6B)
Game Developers (Riot Games)
(# Cos: 7042 | $14.3B)
Mid-Core (Machine Zone)
(# Cos: 953 | $2.4B)
Multi Genre (Supercell)
(# Cos: 838 | $2.3B)
Supercell
(2010, Finland, $143M)
Machine Zone
(2008, United States, $263M)
Pocket Gems
(2009, United States, $155M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
QC Play (2012, China)
$46.7M - Series C - Apr 2021
Aglet (2019, United Kingdom)
$4.5M - Series A - Dec 2020
Cerberus Inte.. (2016, United States)
$400K - Seed - Oct 2020
Krikey (2017, United States)
Undisclosed - Series A - Dec 2020
Snowprint Studios (2015, Sweden)
Undisclosed - Series B - Feb 2021

29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Statespace (2017, United States)
$34.6M - Series B - Nov 2020
Mobalytics (2016, United States)
$11.3M - Series A - Jul 2020
Twire (2018, Slovenia)
$364K - Seed - Feb 2021
StatsHelix (2018, United States)
$120K - Seed - Jul 2020
PureSkill.gg (2019, United States)
$20.0K - Seed - Feb 2021
Gamer Performance Analytics
21
29
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Gamers Tools (Discord)
(# Cos: 256 | $997M)
Performance Analytics (Mobalytics)
(# Cos: 43 | $80.0M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$46.4M (▲190%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$80.0M
25
-
43
2
Mobalytics
(2016, United States, $13.8M)
OP.GG
(2013, South Korea, $195K)
ReadyUp
(2017, United States, $2.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
ThinkingData (2015, China)
$15.4M - Series B - Mar 2021
AXiomatic (2015, United States)
$12.9M - Series B - Aug 2020
GRID (2018, Germany)
$10.0M - Series A - Apr 2021
PandaScore (2015, France)
$5.8M - Series A - Sep 2020
Reyun (2013, China)
Undisclosed - Series C - Oct 2020
Gaming Industry Insights
22
30
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Analytics (FanAI)
(# Cos: 106 | $276M)
Gaming Industry Insights (AXiomatic)
(# Cos: 48 | $222M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$44.1M (▲68.2%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$222M
24
-
48
4
AXiomatic
(2015, United States, $102M)
FanAI
(2016, United States, $14.3M)
PandaScore
(2015, France, $8.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Rivalry (2018, United Kingdom)
$20.0M - Series B - Mar 2021
Luckbox (2016, United Kingdom)
$14.1M - Series A - Mar 2021
Luckbox (2016, United Kingdom)
$462K - Series A - Jun 2020
eSports Betting Platforms
23
31
Back to index
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
eSports Platforms (Skillz)
(# Cos: 629 | $1.4B)
Betting (Unikrn)
(# Cos: 91 | $57.3M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$34.6M (▲548%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$57.3M
26
2
91
3
Unikrn
(2014, United Kingdom, $10.0M)
Esports Entertainment ..
(2008, Malta, $3.3M)
Luckbox
(2016, United Kingdom, $17.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
PC and Console Core VR Game
Developers
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$34.2M (▲3320%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$111M
15
-
27
3
PC & Console Gaming (Roblox)
(# Cos: 3843 | $12.6B)
Game Developers (Team17)
(# Cos: 3052 | $9.9B)
PC & Console Games (JAM CITY)
(# Cos: 2384 | $7.6B)
Core Games (Codemasters)
(# Cos: 952 | $5.3B)
VR Games (Survios)
(# Cos: 27 | $111M)
Survios
(2013, United States, $70.9M)
WarDucks
(2014, Ireland, $5.9M)
BigBox VR
(2016, United States, $6.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Survios (2013, United States)
$16.7M - Series C - Oct 2020
Polyarc Games (2015, United States)
$9.0M - Series B - Jul 2020
Thirdverse (2020, Japan)
$8.5M - Series A - Oct 2020
Supermassive.. (2008, United Kingdom)
Undisclosed - Seed - Mar 2021

33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Online Casual Game Developers
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$31.2M (▲46.9%)
6(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
81
$1.6B
317
12
611
10
PC & Console Gaming (Roblox)
(# Cos: 3843 | $12.6B)
Game Developers (JAM CITY)
(# Cos: 3052 | $9.9B)
Web Games (Gamee)
(# Cos: 668 | $2.3B)
Casual Games (Playtika)
(# Cos: 611 | $1.6B)
Playtika
(2010, Israel, $1.5M)
Gamee
(2014, Czech Republic)
Elex
(2008, China, $3.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Playco (2010, United States)
$100M - Series A - Sep 2020
Avakin (2013, United Kingdom)
$26.5M - Series A - Oct 2020
Artie (2017, United States)
$10.0M - Seed - Feb 2021
FRVR (2014, Denmark)
$2.6M - Seed - May 2021
Quicksave Interactive (2017, Finland)
$1.5M - Seed - Jun 2021
Kingdom Scene (2009, United States)
$573K - Seed - Feb 2021

34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Mobile Casino Game Developers
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$30.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
26
$216M
52
7
214
3
Mobile Gaming (JAM CITY)
(# Cos: 7688 | $17.6B)
Game Developers (Riot Games)
(# Cos: 7042 | $14.3B)
Casual (Zynga)
(# Cos: 5577 | $5.5B)
Casino (Huuuge Games)
(# Cos: 214 | $216M)
Huuuge Games
(2014, United States, $8.6M)
Playtika
(2010, Israel, $1.5M)
PlayStudios
(2011, United States, $36.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pokerface (2017, Israel)
$30.0M - Series A - Jun 2021

35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
VENN (2019, United States)
$26.0M - Series A - Oct 2020
Juked (2019, United States)
$1.1M - Seed - Jan 2021
Juked (2019, United States)
$410K - Seed - Sep 2020
eSports Live Streaming Platforms
27
35
Back to index
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
Broadcasters (SLIVER.tv)
(# Cos: 137 | $2.6B)
Live Streaming (Twitch)
(# Cos: 130 | $2.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$27.5M (▼56.6%)
3(▼57.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
21
$2.5B
62
1
130
10
Twitch
(2011, United States, $35.1M)
SLIVER.tv
(2015, United States, $32.0M)
THETA.tv
(2016, United States, $9.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Mobile Casual VR Game Developers
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$26.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$54.9M
7
-
17
4
Mobile Gaming (JAM CITY)
(# Cos: 7688 | $17.6B)
Game Developers (Riot Games)
(# Cos: 7042 | $14.3B)
Casual (Zynga)
(# Cos: 5577 | $5.5B)
VR Games (Resolution Games)
(# Cos: 17 | $54.9M)
Resolution Games
(2015, Sweden, $13.5M)
Avakin
(2013, United Kingdom, $27.8M)
WarDucks
(2014, Ireland, $5.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Avakin (2013, United Kingdom)
$26.5M - Series A - Oct 2020

37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Powder (2018, United States)
$14.0M - Series A - Feb 2021
Lowkey.gg (2018, United States)
$7.0M - Series A - Mar 2021
Allstar Gaming (2019, United States)
$3.9M - Seed - May 2021
Replai (2019, Portugal)
$1.3M - Seed - Jun 2020
Suzhou Dayu Network T.. (2014, China)
Undisclosed - Series A - Dec 2020
Game Clips Sharing Tools
29
37
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Gamers Tools (Discord)
(# Cos: 256 | $997M)
Game Clips Sharing (Powder)
(# Cos: 15 | $68.0M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$26.1M (▲125%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$68.0M
13
-
15
2
Powder
(2018, United States, $18.0M)
Medal
(2015, Netherlands, $13.4M)
Lowkey.gg
(2018, United States, $7.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Mobile Game Publishers
30
38
Back to index
Mobile Gaming (Riot Games)
(# Cos: 7688 | $17.6B)
Game Publishers (Voodoo)
(# Cos: 323 | $944M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$22.2M (▼8.1%)
8( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
21
$944M
102
7
323
8
Voodoo
(2013, France, $200M)
Kongregate
(2006, United States, $9.0M)
Ngmoco
(2008, United States, $34.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Homa Games (2018, France)
$15.0M - Seed - Feb 2021
Nazara (2000, India)
$13.7M - Series C - Feb 2021
Carry1st (2018, United States)
$6.0M - Series A - May 2021
Rogue (2017, United States)
$2.5M - Series A - Mar 2021
Mamboo Games (2019, Belarus)
Undisclosed - Seed - Oct 2020
Carry1st (2018, United States)
Undisclosed - Seed - Nov 2020
Voodoo (2013, France)
Undisclosed - Series E - Aug 2020
View all 8 Funding Rounds on Tracxn Platform

39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Virtuix Omni (2013, United States)
$19.0M - Series A - Mar 2021
Virtuix Omni (2013, United States)
$2.6M - Series A - Sep 2020
Virtuix Omni (2013, United States)
$278K - Series B - Apr 2021
VR Enabled eSports Arenas
31
39
Back to index
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
eSports Arenas (TGS Esports)
(# Cos: 7 | $42.5M)
VR Enabled (Virtuix Omni)
(# Cos: 2 | $42.5M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$21.8M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$42.5M
1
-
2
1
Virtuix Omni
(2013, United States, $42.5M)
Arcadia
(2018, Canada)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Free-to-play eSports Gaming Platforms
32
40
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$21.8M (▲1714%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$49.2M
20
1
94
2
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
eSports Platforms (MPL)
(# Cos: 629 | $1.4B)
Competitive Gaming (Skillz)
(# Cos: 500 | $1.3B)
Free-to-play Tournaments
(Challengermode)
(# Cos: 94 | $49.2M)
Challengermode
(2014, Sweden, $14.0M)
Qureka
(2010, India, $9.2M)
Zelos
(2019, United States, $125K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Challengermode (2014, Sweden)
$12.0M - Series A - Aug 2020
Qureka (2010, India)
$9.2M - Series A - Jul 2020
2WATCH (2020, Italy)
$541K - Angel - May 2021

41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Mobile Sports Game Developers
33
41
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$19.7M (▼12.4%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$80.0M
28
2
115
2
Mobile Gaming (Zynga)
(# Cos: 7688 | $17.6B)
Game Developers (Riot Games)
(# Cos: 7042 | $14.3B)
Mid-Core (Supercell)
(# Cos: 953 | $2.4B)
Sports (Soccer Manager)
(# Cos: 115 | $80.0M)
Soccer Manager
(2004, United Kingdom, $5.8M)
Nextwave Multimedia
(1995, India)
Nifty Games
(2018, United States, $12.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
GreenPark Spo.. (2018, United States)
$14.0M - Series A - Aug 2020
Soccer Manager (2004, United Kingdom)
$4.2M - Series A - Feb 2021
Deftouch (2015, India)
$1.5M - Seed - Mar 2021

42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Homa Games (2018, France)
$15.0M - Seed - Feb 2021
Voodoo (2013, France)
Undisclosed - Series E - Aug 2020
Mobile Hypercasual Game Publishers
34
42
Back to index
Mobile Gaming (Riot Games)
(# Cos: 7688 | $17.6B)
Game Publishers (Kongregate)
(# Cos: 323 | $944M)
Hypercasual (Voodoo)
(# Cos: 4 | $215M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$15.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$215M
2
-
4
2
Voodoo
(2013, France, $200M)
Homa Games
(2018, France, $15.0M)
Kwalee
(2011, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
In Game Virtual Assets Marketplace
35
43
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.0M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$65.0M
35
-
149
1
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Ecommerce (GameFly)
(# Cos: 227 | $110M)
Marketplace (TCGplayer.com)
(# Cos: 177 | $78.5M)
In Game Virtual Assets (Terra
Virtua)
(# Cos: 149 | $65.0M)
Terra Virtua
(2016, United Kingdom, $2.5M)
DMarket
(2017, Ukraine, $9.5M)
Itemku
(2014, Indonesia, $1.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
DMarket (2017, Ukraine)
$6.5M - Series A - Jun 2020
DMarket (2017, Ukraine)
$3.0M - Series A - Oct 2020
Terra Virtua (2016, United Kingdom)
$2.5M - Seed - Nov 2020
GameyGram (2019, United States)
$25.0K - Seed - Mar 2021
GamesBandy (2020, Egypt)
Undisclosed - Seed - Jun 2021

44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Game Backend as a Service
36
44
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
BaaS (Backend as a Service) (PlayFab)
(# Cos: 37 | $63.8M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.0M (▲38.7%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$63.8M
21
-
37
1
PlayFab
(2014, United States, $15.7M)
Pragma
(2020, United States, $16.2M)
Pragma
(2019, United States, $4.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pragma (2020, United States)
$12.0M - Series A - Apr 2021

45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
eSports Tournament Management
Software
37
45
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
eSports Tournament Management (Dynasty)
(# Cos: 5 | $10.7M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.5M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$10.7M
3
-
5
1
Dynasty
(2019, Singapore, $7.5M)
Toornament
(2013, France, $3.1M)
Ultimate Tournament
(2020, United States, $221K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Dynasty (2019, Singapore)
$5.0M - Series A - Apr 2021
Toornament (2013, France)
$3.1M - Series A - Jun 2021
Dynasty (2019, Singapore)
$2.3M - Series A - Aug 2020
Ultimate Tour.. (2020, United States)
$221K - Seed - Mar 2021

46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Mobile Social Game Developers
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$9.8M (▼92.9%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$410M
54
1
118
3
Mobile Gaming (JAM CITY)
(# Cos: 7688 | $17.6B)
Game Developers (Riot Games)
(# Cos: 7042 | $14.3B)
Casual (Zynga)
(# Cos: 5577 | $5.5B)
Social (Moon Active)
(# Cos: 118 | $410M)
Moon Active
(2012, Israel, $126M)
Gamee
(2014, Czech Republic)
Sulake
(2000, Finland, $11.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pocket Worlds (2001, Israel)
$8.3M - Series A - Jan 2021
Quicksave Interactive (2017, Finland)
$1.5M - Seed - Jun 2021

47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
eSports Coaching Platforms
39
47
Back to index
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
Online Courses (ProGuides)
(# Cos: 45 | $44.0M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$9.7M (▲24%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$44.0M
22
-
45
2
ProGuides
(2014, United States, $5.0M)
GOSU.AI
(2017, Lithuania, $5.1M)
Gamer Sensei
(2016, United States, $6.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Metafy (2020, United States)
$5.5M - Seed - May 2021
Metafy (2020, United States)
$3.2M - Seed - Feb 2021
3D Aim Trainer (2019, Belgium)
$1.2M - Seed - Feb 2021
GamerzClass (2019, Denmark)
$1.0M - Seed - Jul 2020

48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
In Game Ad Campaigns
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$8.5M (▲1600%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$18.2M
9
1
16
1
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Monetization (ironSource)
(# Cos: 152 | $1.1B)
Advertising (Supersonic)
(# Cos: 100 | $1.0B)
In Game Campaign (Versus
Systems)
(# Cos: 16 | $18.2M)
Versus Systems
(2014, United States)
AdInMo
(2017, United States, $600K)
Admix
(2017, United Kingdom, $11.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Admix (2017, United Kingdom)
$7.0M - Series A - Jun 2020
Admix (2017, United Kingdom)
$1.5M - Series A - Sep 2020

49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Eneba (2017, Lithuania)
$8.0M - Series A - Dec 2020
Online Game Retailer
41
49
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Ecommerce (GameFly)
(# Cos: 227 | $110M)
Retailer (Eneba)
(# Cos: 33 | $12.5M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$8.0M (▲192%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$12.5M
7
-
33
1
Eneba
(2017, Lithuania, $10.8M)
Tedmeister
(2007, Sweden, $1.7M)
Quickflix
(2003, Australia)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Game Audio Plugins
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$6.7M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$21.0M
13
-
26
0
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Development (Unity)
(# Cos: 558 | $2.6B)
Plugins (Vivox)
(# Cos: 174 | $272M)
Audio (Audiokinetic)
(# Cos: 26 | $21.0M)
Audiokinetic
(2000, Canada, $5.0M)
Elias
(2013, Sweden, $5.5M)
Voysis
(2012, Ireland, $8.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Elias (2013, Sweden)
$4.3M - Series A - Dec 2020
Styngr (2019, United States)
$2.4M - Seed - May 2021

51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Bayes Holding (2014, Germany)
$6.0M - Series A - Sep 2020
Game Portfolio Insights
43
51
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Analytics (AXiomatic)
(# Cos: 106 | $276M)
Game Portfolio Insights (GameAnalytics)
(# Cos: 24 | $33.9M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$6.0M (▲740%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$33.9M
14
-
24
1
GameAnalytics
(2011, Denmark, $8.0M)
Ninja Metrics
(2009, United States, $9.4M)
Think Gaming
(2013, United States, $120K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Skystone Games (2020, United States)
$3.0M - Series A - Jul 2020
Graffiti Games (2017, Canada)
$1.5M - Seed - Mar 2021
Whitethorn Ga.. (2016, United States)
$1.2M - Seed - Jun 2020
Exordium (2019, Cyprus)
$500K - Seed - Apr 2021
PC and Console Game Publishers
44
52
Back to index
PC & Console Gaming (JAM CITY)
(# Cos: 3843 | $12.6B)
Game Publisher (Bethesda Softworks)
(# Cos: 217 | $292M)
PC & console Games (Tiny Build Games)
(# Cos: 121 | $149M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$5.7M (▲ >10K%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$149M
48
6
121
1
Tiny Build Games
(2011, United States, $18.8M)
Bethesda Softworks
(2009, United States)
Gamigo
(2000, Germany, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Mobile Mid Core AR Game Developers
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.9M (▲12.2%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$91.0M
45
2
100
2
Mobile Gaming (Zynga)
(# Cos: 7689 | $17.6B)
Game Developers (Riot Games)
(# Cos: 7043 | $14.3B)
Mid-Core (Machine Zone)
(# Cos: 953 | $2.4B)
Multi Genre (Supercell)
(# Cos: 838 | $2.3B)
AR Games (Nintendo)
(# Cos: 100 | $91.0M)
Nintendo
(1889, United States)
Illumix
(2017, United States, $11.6M)
Play Impossible
(2014, United States, $1.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Aglet (2019, United Kingdom)
$4.5M - Series A - Dec 2020
Cerberus Inte.. (2016, United States)
$400K - Seed - Oct 2020
Krikey (2017, United States)
Undisclosed - Series A - Dec 2020

54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Battlefy (2012, Canada)
$4.6M - Series A - Nov 2020
eSports Tournament Discovery
Platforms
46
54
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Gamers Tools (Discord)
(# Cos: 256 | $997M)
eSports Tournaments Discovery
(Battlefy)
(# Cos: 2 | $6.1M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.6M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$6.1M
1
-
2
0
Battlefy
(2012, Canada, $6.1M)
TwogHub
(2017, Estonia)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Ziva Dynamics (2015, Canada)
$2.0M - Seed - May 2021
Aquifer (2019, United States)
$1.3M - Seed - Oct 2020
Didimo (2016, United States)
$1.2M - Seed - Sep 2020
Gaming Animation Software
47
55
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Development (Unity)
(# Cos: 558 | $2.6B)
Animation (DeepMotion)
(# Cos: 40 | $74.0M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.5M (▼70.3%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$74.0M
16
-
40
2
DeepMotion
(2014, United States, $2.2M)
Mixamo
(2008, United States, $11.8M)
Speech Graphics
(2010, United Kingdom, $2.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Ryu Games (2018, United States)
$2.3M - Seed - Mar 2021
Lootcakes (2013, United States)
$2.0M - Seed - Aug 2020
Oddin (2018, Czech Republic)
Undisclosed - Angel - Mar 2021
Gamer Rewards Management
48
56
Back to index
Gaming Tech (Oculus)
(# Cos: 2116 | $6.7B)
Monetization (Supersonic)
(# Cos: 152 | $1.1B)
Rewards (Lootcakes)
(# Cos: 32 | $15.4M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.3M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$15.4M
8
1
32
0
Lootcakes
(2013, United States, $2.1M)
Ryu Games
(2018, United States, $2.3M)
Playerize
(2011, United States, $1.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Esports One (2016, United States)
$4.0M - Series A - Dec 2020
eSports Fantasy Platforms
49
57
Back to index
eSports (Riot Games)
(# Cos: 1244 | $14.4B)
eSports Platforms (Skillz)
(# Cos: 629 | $1.4B)
eSports Fantasy (Sleeper)
(# Cos: 32 | $46.2M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$4.0M (▼80%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$46.2M
13
-
32
1
Sleeper
(2018, United States, $25.0M)
TAUNT
(2017, United States, $4.8M)
Esports One
(2016, United States, $7.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
Recent Funding Rounds
Hidden Leaf G.. (2019, United States)
$3.2M - Seed - May 2021
AnRKey X (2020, Singapore)
$1.2M - Seed - Dec 2020
MOBA eSports Game Developers
50
58
Back to index
eSports (Skillz)
(# Cos: 1244 | $14.4B)
Game Developers (Epic Games)
(# Cos: 65 | $3.6B)
MOBA (Riot Games)
(# Cos: 48 | $228M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$3.2M (▼80.2%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$228M
32
1
48
3
Riot Games
(2006, United States, $15.0M)
Pixonic
(2009, Russia, $6.0M)
Super Evil Megacorp
(2012, United States, $79.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

59. Gaming - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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61. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Gaming - Top Business Models Report
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