Bungie

Bellevue, United States Founded: 1991 • Age: 35 yrs Acquired By Sony
Developer of core-based PC and mobile games

About Bungie

Bungie is a company based in Bellevue (United States) founded in 1991 by Jason Jones was acquired by Sony in January 2022.. Bungie has raised $200 million across 2 funding rounds from investors including Microsoft, Sony and NetEase Games. The company has 947 employees as of December 31, 2021. Bungie operates in a competitive market with competitors including Riot Games, Krafton, Ubisoft, Electronic Arts and IGG, among others.

  • Headquarter Bellevue, United States
  • Employees 947 as on 31 Dec, 2021
  • Founders Jason Jones
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bungie, Inc.
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment
Media & Entertainment → Gaming & Interactive Entertainment
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $200 M (USD)

    in 2 rounds

  • Latest Funding Round
    $100 M (USD), Series C

    Jan 31, 2019

  • Investors
    Microsoft

    & 2 more

  • Employee Count
    947

    as on Dec 31, 2021

  • Acquired by
    Sony

    & 1 more

    (Jan 31, 2022)

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Funding Insights of Bungie

Bungie has successfully raised a total of $200M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series C — $100.0M
  • First Round

    (01 Jun 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2019 Amount Series C - Bungie Valuation NetEase Games
Jun, 2018 Amount Private Equity Round - Bungie Valuation NetEase Games
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Bungie

Bungie has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Microsoft, Sony and NetEase Games. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Mid-core video games are developed and published by NetEase Games.
Founded Year Domain Location
Consumer electronics and entertainment products are designed for global markets.
Founded Year Domain Location
Microsoft is recognized for software, hardware, and gaming solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bungie

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Bungie

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bungie Comparisons

Employees
+
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Competitors of Bungie

Bungie operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Riot Games, Krafton, Ubisoft, Electronic Arts and IGG, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Video games are developed and eSports tournaments are organized.
domain founded_year HQ Location
A variety of online multiplayer games is provided by Krafton.
domain founded_year HQ Location
Video games are developed and published by Ubisoft worldwide.
domain founded_year HQ Location
Video game developers focused on core games
domain founded_year HQ Location
Video game developer and publisher focusing on MMORPGs for mobile, browser and PC platforms
domain founded_year HQ Location
Mobile and web games are developed and published by Kabam.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bungie

Frequently Asked Questions about Bungie

When was Bungie founded?

Bungie was founded in 1991 and raised its 1st funding round 27 years after it was founded.

Where is Bungie located?

Bungie is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.

Is Bungie a funded company?

Bungie is a funded company, having raised a total of $200M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $100M, raised on Jun 01, 2018.

How many employees does Bungie have?

As of Dec 31, 2021, the latest employee count at Bungie is 947.

What does Bungie do?

Developer of core-based PC and mobile games. The games developed by the company includes Destiny-2 a multiplayer FPS game, and Myth is a series of real-time tactics video games. The games are available for windows, Mac OS, linux, and android platforms. Also, it offers news, updates, and a community platform for games.

Who are the top competitors of Bungie?

Bungie's top competitors include Kabam, Krafton and Riot Games.

Who are Bungie's investors?

Bungie has 3 investors. Key investors include Microsoft, Sony, and NetEase Games.

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