Codemasters

Warwick, United Kingdom Founded: 1986 • Age: 40 yrs Listed Acquired By Electronic Arts
Video game developer specializing in core games

About Codemasters

Codemasters is a Media & Entertainment company based in Warwick (United Kingdom) founded in 1986, and was acquired by Electronic Arts in December 2020. Video game developer specializing in core games. Codemasters has raised $98.62 million across 3 funding rounds from investors including Goldman Sachs, Electronic Arts and Balderton Capital. The company has 141 employees. Codemasters has completed 2 acquisitions, including Evolution Studios and Slightly Mad Studios. Its website codemasters.com draws about 40 thousand monthly visits. Its focus areas include Gaming, PC & Console Gaming, Game Developers and PC & Console Games. Its legal entity is Codemasters Software Company Limited.

Company details

Codemasters was founded in 1986 in Warwick, United Kingdom, as a developer and publisher in the video game sector. Racing titles such as On Rush, F1 2016, F1 Mobile Racing, Grid, and Project Cars are created by the company. These games are distributed across platforms including Android, iOS, Steam, and PlayStation. Revenue is generated through one-time purchases, in-app purchases, and advertisements.

Key Metrics
  • Annual Revenue
    $18.84 M (USD)
    -72
    as on Mar 31, 2018
  • Net Profit
    $13.12 M (USD)
    237
    as on Mar 31, 2018
  • Total Equity Funding
    $98.62M (USD)

    in 3 rounds

  • Investors
  • Employee Count
    141
  • Investments & Acquisitions
  • Acquired by
    Electronic Arts

    & 1 more

    (Dec 2020)

Funding Insights of Codemasters

Codemasters has successfully raised a total of $98.62M across 3 strategic funding rounds. 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 $98.62M
  • Total Rounds 3
  • Investors Count 3

All 3 funding rounds of Codemasters with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2020Post-IPO––
Jun 2007$98.62MSeries C–Goldman Sachs
–
Apr 2005Series A––
Valuation history

5 investors in total: 5 institutional.

Investors in Codemasters

Codemasters has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Electronic Arts and Balderton Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment banking services are delivered across multiple financial sectors.
1869goldmansachs.comNew York, United States
Multistage venture capital investments are focused on technology sectors.
2000balderton.comLondon, United Kingdom
Swedbank Robur is recognized as Sweden's largest fund management company.
swedbankrobur.comSweden
Video game developers focused on core games
1982ea.comRedwood City, United States
Reliance Group is engaged in power, infrastructure, and healthcare sectors.
reliancegroupindia.comMumbai, India
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Investor details for Codemasters

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People of Codemasters

50 people are tracked at Codemasters (5 in leadership, 2 in board & advisors, 43 in team); the tracked headcount is 141.

NameRoleGroup
Brad Porter
Audio Director IILeadership
Stephen Root
Vice President, Development Creative ServicesLeadership
Stuart Campbell
Art DirectorLeadership
Ian Flatt
Vp, Executive ProducerLeadership
Bartłomiej Sawicki
Development Director (senior Producer)Leadership
Ian Pierre Gomes
DirectorBoard & advisors
Lisa Thomas
DirectorBoard & advisors
James Bralant
Social And Communications ManagerTeam
Hugh Pearson
Senior ProducerTeam
Sam Oates
Group Lead Tools Senior Software Engineer 1Team
Chris Gray
Executive ProducerTeam
Andy Taylor
Senior Game ProgrammerTeam
Robin Butler
Senior AnimatorTeam
Dan Fernando
Senior UI ArtistTeam
Kate Dolan
Human Resources ManagerTeam
Steve Peachey
IT Support Services ManagerTeam
Martin Wright
Principal ProgrammerTeam
Jason Garlick
Senior Environment Artist (group Lead)Team
Aitor Pérez Manzano
3d Character ArtistTeam
Tom Hammersley
Principal ProgrammerTeam

30 more people are available in the full profile.

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Investments & Acquisitions by Codemasters

Codemasters has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Evolution Studios and Slightly Mad Studios.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
PC and console games are developed by the studio.
slightlymadstudios.comLondon, United Kingdom2008Nov 2019$30M
Video games, especially racing titles, are developed by Evolution Studios.
evos.netLondon, United Kingdom1999Apr 2016β€’β€’β€’β€’
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Complete acquisition details for Codemasters

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Timeline of Codemasters

8 dated milestones of Codemasters across 34 years, from founding to its latest funding, stage changes and deals.

  1. Founded Codemasters is founded.
  2. Funding First funding round.
  3. Exit Acquired by Reliance Group.
  4. Acquisition Acquires Evolution Studios.
  5. IPO Lists on the stock exchange (IPO).
  6. Acquisition Acquires Slightly Mad Studios.
  7. Funding Latest funding round, Post-IPO,.
  8. Exit Acquired by Electronic Arts.

Web traffic of Codemasters

The website of Codemasters (codemasters.com) receives about 39.5K visits a month.

  • Monthly visits
    39.5K

    ▼ 2.4% vs previous month

Similar websites

Websites whose visitors overlap most with Codemasters. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ea.com
100%
67.8M#582View details
activision.com
100%
4.4M#7,941View details
eidos.com
eidos.com
100%
–
formula1-game.com
formula1-game.com
99%
–
thq.com
98%
View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Codemasters

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Frequently Asked Questions about Codemasters

Codemasters was founded in 1986 and raised its 1st funding round 19 years after it was founded.

Codemasters is headquartered in Warwick, United Kingdom.

Codemasters is a funded company, having raised a total of $98.62M across 3 funding rounds to date.

Codemasters has 141 employees.

Annual revenue of Codemasters is $18.84M as on Mar 31, 2018.

Codemasters was founded in 1986 in Warwick, United Kingdom, as a developer and publisher in the video game sector. Racing titles such as On Rush, F1 2016, F1 Mobile Racing, Grid, and Project Cars are created by the company. These games are distributed across platforms including Android, iOS, Steam, and PlayStation. Revenue is generated through one-time purchases, in-app purchases, and advertisements.

Codemasters has made 2 acquisitions, including Evolution Studios, and Slightly Mad Studios.

Codemasters has 5 investors. Key investors include Goldman Sachs, Electronic Arts, Balderton Capital, Swedbank Robur, and Reliance Group.

Codemasters operates through Codemasters Software Company Limited.

Yes. Codemasters was acquired by Electronic Arts in December 2020.

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