What is Scopely?
Scopely is recognized for its development and publishing of a diverse portfolio of mobile games, featuring both original intellectual property and established franchises. Headquartered in Culver City, California, the company has carved out a significant niche in the interactive entertainment market by focusing on live-service games that foster long-term player engagement. Its strategic approach to game development and community building has positioned it as a key entity in the global mobile gaming industry.
How much funding has Scopely raised?
Scopely has raised a total of $1B across 7 funding rounds:
Angel/Seed
$8.5M
Series A
$35M
Series B
$55M
Series C
$60M
Other Financing Round
$100M
Series D
$400M
Series E
$340M
Angel/Seed (2012): $8.5M with participation from Michael Lazerow, Kelly Perdew, Gil Elbaz, Mark Mullen, Anthem Venture Partners, Felicis Ventures, Clark Landry, Richard Wolpert, Arnie Rissman, Tiller Partners, Sands Capital, David Cohen, Auren Hoffman, Collaborative Fund, Greycroft Partners, Michael Blend, AngelVision Investors, Lerer Hippeau Ventures, Terry Semel, Evan Rifkin, Brian Lee, BoxGroup, Red Swan Ventures, and David Tisch
Series A (2014): $35M led by Double M Capital, The Chernin Group, Sands Capital Management, Evolution Capital Partners, and Greycroft Partners
Series B (2016): $55M supported by Andy Hunt, Take-Two Interactive, Greycroft Growth Fund, Evolution Capital Partners, Sands Capital Ventures, Elephant Partners, Jeremiah Daly, and Highland Capital
Series C (2017): $60M featuring Pritzker Group Venture Capital, Sands Capital Ventures, Revolution Growth, Greenspring Associates, and Cross Creek Advisors
Other Financing Round (2018): $100M backed by Jimmy Iovine, Horizons Ventures, Arnold Schwarzenegger, Peter Guber, Tom Staggs, Greenspring Associates, and Peter Chernin
Series D (2020): $400M with participation from Sands Capital Ventures, The Chernin Group, CPP Investments, Revolution Growth, Advance, Greycroft Partners, New View Capital, and Baillie Glifford
Series E (2020): $340M led by Eldridge, Wellington Management, Battery Ventures, D1, BlackRock, NewView Capital, Highland Capital Partners, Sands Capital, TSG Consumer Partners, Greycroft Partners, CPP Investments, Baillie Gifford, Declaration Partners, Revolution Growth, and Moore Strategic Ventures
Key Investors in Scopely
Wellington Management
Wellington Management is a global, independent investment management firm providing portfolio management, research, and tailored investment solutions across various asset classes.
Battery Ventures
Battery Ventures is a venture capital firm that partners with founders and management teams developing category-defining businesses in software, services, and technology.
BlackRock
BlackRock is a global investment management firm offering a comprehensive range of investment products and services, including mutual funds, ETFs, and alternative investments.
What's next for Scopely?
With a history of major enterprise-level funding and recent strategic investments, Scopely appears poised for continued expansion and innovation. The company's trajectory suggests a focus on scaling its existing game portfolio, potentially exploring new genres or platforms, and further solidifying its market leadership. Future endeavors will likely involve leveraging its substantial capital to enhance game development capabilities, expand its global reach, and potentially pursue strategic acquisitions to broaden its intellectual property and talent base. The consistent backing from prominent investors indicates strong confidence in Scopely's business model and its capacity for sustained growth in the dynamic gaming sector.
See full Scopely company page
