Faceit

London, United Kingdom Founded: 2012 • Age: 14 yrs Acquired By Savvy Games Group
eSports platform for skill showcasing and tournament hosting.

About Faceit

Faceit is a Media & Entertainment company based in London (United Kingdom) founded in 2012 by Alessandro Avallone, and was acquired by Savvy Games Group in January 2022. It operates as an eSports platform for skill showcasing and tournament hosting. Faceit has raised $17 million across 2 funding rounds from investors including Savvy Games Group, Index Ventures and Anthos Capital. The company has 89 employees. Its website faceit.com draws about 44.2 million monthly visits. Its focus areas include Gaming, eSports, eSports Platforms and Competitive Gaming. Its legal entity is FACE IT LIMITED. Its competitors include MLG, Challengermode, Community Gaming, Gamercraft and Mission Control and 2 more; 7 of its 7 listed competitors have raised funding.

Company details

Faceit was established in 2012 in London, United Kingdom, as an eSports gaming platform. Gamers skills are enabled to be discovered and presented to sponsors and professional teams. Tournaments are organized for individual and team participation, with registration and competition features. Additional games can be incorporated by users to accumulate points through contests. Operations focus on the free-to-play sector within the gaming industry.

  • Headquarters London, United Kingdom
  • Employees 89
  • Founders Alessandro Avallone
  • Stage Acquired
  • Sectors
    Media & Entertainment
  • Website category Games · Video Games Consoles and Accessories
  • Website faceit.com
  • Social LinkedIn X Facebook
  • Acquired by Savvy Games Group (Jan 2022)
  • Legal Name Face It Limited
  • Date of Incorporation 24 Aug, 2011
  • Jurisdiction LONDON, ENGLAND
Key Metrics
  • Annual Revenue
    $33.11 M (USD)
    2
    as on Dec 31, 2021
  • Net Profit
    $890.93 K (USD)
    -71
    as on Dec 31, 2021
  • EBITDA
    $22.96 K (USD)
    -99
    as on Dec 31, 2021
  • Total Equity Funding
    $17M (USD)

    in 2 rounds

  • Latest Funding Round
    $15M (USD), Series A

    Jan 2016

  • Investors
  • Employee Count
    89
  • Acquired by

Funding Insights of Faceit

Faceit has successfully raised a total of $17M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in January 2016. 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 $17M
  • Total Rounds 2
  • Last Round Series A β€” $15M
  • First Round $2M

    (Jun 2015)

  • Investors Count 3

All 2 funding rounds of Faceit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2016$15MSeries A–Index Ventures, Anthos Capital
–
Jun 2015$2MSeed–United Ventures
–
Valuation history

4 investors in total: 4 institutional.

Investors in Faceit

Faceit has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Savvy Games Group, Index Ventures and Anthos Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in technology startups and entrepreneurs.
–indexventures.com-
Investment in innovative consumer and technology companies based in Santa Monica.
–anthoscapital.com-
Investments are directed toward early-growth SaaS and digital companies.
–unitedventures.comMilan, Italy
eSports games are developed and published by Savvy Games Group.
2001savvygames.comRiyadh, Saudi Arabia
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Investor details for Faceit

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People of Faceit

18 people are tracked at Faceit (5 in leadership, 13 in team); the tracked headcount is 89.

NameRoleGroup
Alessandro Avallone
Co-FounderLeadership
Simeone Sergio Spagnoli
Media Art DirectorLeadership
Andrew Lane
Director of Broadcast & ProductionLeadership
Anonymous
Co-Founder & CEOLeadership
Ante Medić
In-Game Director/Observer - Rainbow Six: SiegeLeadership
César Pantoja Lucena
Strategy ConsultantTeam
Adam Harb
Volunteer Technical SupportTeam
Guido M.
IT Systems ManagerTeam
Lina Al Sharif
Tournament OperationsTeam
Jaspreet Singh Marwaha
Lead Product ManagerTeam
Jacky Peters
On-air Broadcast TalentTeam
Will de Val
Graphic DesignerTeam
PAVAN YADAV
Executive Assistant Project ManagerTeam
Sune Malling
Senior AdminTeam
Michael M.
Volunteer Tech SupportTeam
Panduru Gabriel Andrei
Techincal SupportTeam
Charles Bentley Machan
Live OperationsTeam
Julide Gökçadır
Volunteer Technical SupportTeam
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Timeline of Faceit

4 dated milestones of Faceit across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Faceit is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Series A, of $15.0M.
  4. Exit Acquired by Savvy Games Group.

Competitors of Faceit

Faceit has 7 listed competitors in our database, 7 of them funded. They include MLG, Challengermode, Community Gaming, Gamercraft and Mission Control, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mlg.com2002New York, United States$86.44M–
Esports tournaments are organized and broadcasted by the company.
challengermode.com2014Stockholm, Sweden$14M–
Esports infrastructure is provided for gamers, organizers, and developers.
communitygaming.io2018New York, United States$18.3M–
Esports tournaments are hosted on an online platform for users.
gamercraft.com2020Miami, United States$5M8
App-based platform offering esports tournaments
missioncontrol.gg2018St. Louis, United States$1.75M9
Real money gaming is enabled through private leagues and tournaments.
playtaunt.io2017Seattle, United States$4.75M–
A digital collectible fighting game for the metaverse is offered.
rallycry.gg2019Irvine, United States$1.2M8
Esports and gamers community platform
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Detailed competitors of Faceit

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Web traffic of Faceit

The website of Faceit (faceit.com) receives about 44.2M visits a month and ranks #1,242 among all websites worldwide, #47 in Video Games Consoles and Accessories.

  • Monthly visits
    44.2M

    ▲ 17.8% vs previous month

  • Unique visitors
    2.6M

    per month

  • Global rank
    #1,242

    among all websites

  • Category rank
    #47

    Games · Video Games Consoles and Accessories

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hltv.org
100%
55.4M#633View details
cybershoke.net
cybershoke.net
89%
–#6,116–
steamcommunity.com
89%
–#183View details
twitch.tv
85%
1.1B#44View details
csstats.gg
csstats.gg
82%
–#17,654–
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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All 40 similar websites and full traffic analytics for Faceit

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Top companies in eSports & Competitive Gaming

10 companies that operate in the same segment as Faceit (eSports & Competitive Gaming), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Operator of a platform providing skill-based games and interactive entertainment
2018Delhi, Delhi, IndiaUSD 92 MUSD 83.05 M1
ESports social video streaming platform
2006San Francisco, California, United StatesUSD 35.12 M––
Real money skill-based gaming is facilitated through an online platform.
2018Bengaluru, Karnataka, IndiaUSD 401.22 MUSD 100.11 M435
Video games are developed and eSports tournaments are organized.
2006San Francisco, California, United StatesUSD 15 MUSD 630.41 K4
Esports league organization and organizer
2010Los Angeles, California, United StatesUSD 40 M––
Esports tournaments and events are organized across multiple games.
2015Gurugram, Haryana, IndiaUSD 66.15 MUSD 53.59 M74
Online gameplay is streamed live via a broadcasting portal.
2013Guangzhou, Guangdong, ChinaUSD 537 MUSD 904.56 M1,250
Live gaming, streams, and video content platform is operated.
2016Delhi, Delhi, IndiaUSD 45.99 MUSD 1.38 M79
Mobile core genre games are developed for various platforms.
2009Nicosia, CyprusUSD 6 M––
Live game streaming for gamers is offered via Android app.
2018Bengaluru, Karnataka, IndiaUSD 51 M–35
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Related news about Faceit

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Frequently Asked Questions about Faceit

Faceit was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Faceit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Faceit is a funded company, having raised a total of $17M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 2015.

Faceit has 89 employees.

Annual revenue of Faceit is $33.11M as on Dec 31, 2021.

Faceit was established in 2012 in London, United Kingdom, as an eSports gaming platform. Gamers skills are enabled to be discovered and presented to sponsors and professional teams. Tournaments are organized for individual and team participation, with registration and competition features. Additional games can be incorporated by users to accumulate points through contests. Operations focus on the free-to-play sector within the gaming industry.

Faceit's top competitors include MLG, Community Gaming and Challengermode.

Faceit has 4 investors. Key investors include Savvy Games Group, Index Ventures, Anthos Capital, and United Ventures.

Faceit operates through Face It Limited.

Yes. Faceit was acquired by Savvy Games Group in January 2022.

The website of Faceit receives about 44.2 million visits a month and ranks #1,242 among all websites worldwide.

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