About Epic Games
Epic Games is a company based in Cary (United States) founded in 1991 by Timothy Dean Sweeney.. Epic Games has raised $8.13 billion across 9 funding rounds from investors including Fidelity Investments, Tencent and The Walt Disney Company. The company has 771 employees as of December 31, 2018. Epic Games has completed 20 acquisitions, including 3Lateral, Aquiris Game Studio and ArtStation. Epic Games operates in a competitive market with competitors including PlayCanvas, Wild Pockets, Createra, LOGAME Technology and Brinkbit, among others.
- Headquarter Cary, United States
- Employees 771 as on 31 Dec, 2018
- Founders Timothy Dean Sweeney
- Stage Decacorn
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Sectors
Media & Entertainment
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Epic Games, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.13 B (USD)
in 9 rounds
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Latest Funding Round
$1.5 B (USD), Series F
Feb 07, 2024
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Investors
Fidelity Investments
& 23 more
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Employee Count
771
as on Dec 31, 2018
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Investments & Acquisitions
3Lateral
& 19 more
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Software Development Team
163 people
Senior Team
45 people
Sales and Marketing
40 people
Leadership Team
38 people
Legal and Compliance
20 people
Unreal Team
14 people
Finance and Accounting
14 people
Human Resources and Administration
13 people
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Funding Insights of Epic Games
Epic Games has successfully raised a total of $8.13B across 9 strategic funding rounds. The most recent funding activity was a Series F round of $1.5 billion completed in February 2024. 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 Funding
- Total Rounds 9
- Last Round Series F — $1.5B
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First Round
First Round
(21 Jun 2012)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series F - Epic Games | Valuation | The Walt Disney Company |
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| Apr, 2022 | Amount | Series F - Epic Games | Valuation |
investors |
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| Apr, 2021 | Amount | Series E - Epic Games | Valuation | Sony |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Epic Games
Epic Games has secured backing from 24 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, Tencent and The Walt Disney Company. 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.
| Investor | Description | Founded Year | Domain | Location |
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KIRKBI is engaged in building a better future for children.
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Founded Year | Domain | Location | |
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Private debt fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Epic Games
Epic Games has strategically engaged in corporate development activities, having acquired 20 companies. Notable acquisitions include 3Lateral, Aquiris Game Studio and ArtStation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Video game developer focusing on casual games
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2018 | ||||
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Facial motion capture solutions are provided for AR/VR applications.
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2018 | ||||
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Showcasing platform for games, film, media, and entertainment artists
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Epic Games
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Epic Games Comparisons
Competitors of Epic Games
Epic Games 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 PlayCanvas, Wild Pockets, Createra, LOGAME Technology and Brinkbit, 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 |
Cloud-hosted HTML5 game development platform is offered.
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| domain | founded_year | HQ Location |
A 3D game development engine for web-based games is offered.
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| domain | founded_year | HQ Location |
Provider of solutions for the development of HTML-based 3D games
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| domain | founded_year | HQ Location |
Develops innovative technologies for 3D gaming engines.
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| domain | founded_year | HQ Location |
Cloud-based HTML5 game engine developed for developers and publishers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Epic Games
Frequently Asked Questions about Epic Games
When was Epic Games founded?
Epic Games was founded in 1991 and raised its 1st funding round 21 years after it was founded.
Where is Epic Games located?
Epic Games is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.
Who is the current CEO of Epic Games?
Timothy Dean Sweeney is the current CEO of Epic Games. They have also founded this company.
Is Epic Games a funded company?
Epic Games is a funded company, having raised a total of $8.13B across 9 funding rounds to date. The company's 1st funding round was a Series E of $1B, raised on Jun 21, 2012.
How many employees does Epic Games have?
As of Dec 31, 2018, the latest employee count at Epic Games is 771.
What does Epic Games do?
Epic Games was founded in 1991 in Cary, United States, within the gaming software sector. Cross-platform game engine technology is developed and supplied to support interactive entertainment. A digital storefront is maintained for PC and Mac platforms, where games are distributed alongside developer incentives. Free titles, modifications, and downloadable content are also made available to users. Operations emphasize equitable terms for creators in the global market.
Who are the top competitors of Epic Games?
Epic Games's top competitors include PlayCanvas, Wild Pockets and Brinkbit.
How many acquisitions has Epic Games made?
Epic Games has made 20 acquisitions, including 3Lateral, Aquiris Game Studio, and ArtStation.
Who are Epic Games's investors?
Epic Games has 24 investors. Key investors include Fidelity Investments, Tencent, The Walt Disney Company, KKR, and Kleiner Perkins.
What is Epic Games's valuation?
The valuation of Epic Games is $28.7B as of Apr 2021.
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