About Garena
Garena is a company based in Singapore founded in 2007.. Garena has raised $722 million across 7 funding rounds from investors including Tencent, Cathay Financial Holdings and Uni-President. Garena offers products and services including Free Fire, Garena Delta Force, Black Clover M, and Garena PC. Garena operates in a competitive market with competitors including Twitch, Riot Games, Krafton, Ubisoft and IGG, among others.
- Headquarter Singapore
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Garena Online Private Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$722 M (USD)
in 7 rounds
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Latest Funding Round
$550 M (USD), Series E
May 08, 2017
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Investors
Tencent
& 13 more
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Employee Count
Employee Count
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Products & Services of Garena
Garena offers a comprehensive portfolio of products and services, including Free Fire, Garena Delta Force, Black Clover M, and Garena PC. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Battle royale game for mobile devices with multiplayer features.
Action-packed shooter game for online play.
Role-playing game based on anime with community events.
Platform for gamers to play, connect, and explore games.
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Funding Insights of Garena
Garena has successfully raised a total of $722M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $550 million completed in May 2017. 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 7
- Last Round Series E — $550.0M
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First Round
First Round
(29 Jul 2008)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series E - Garena | Valuation |
investors |
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| Sep, 2016 | Amount | Series D - Garena | Valuation |
investors |
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| Mar, 2016 | Amount | Series D - Garena | Valuation | Khazanah Nasional Berhad |
| 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 Garena
Garena has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Cathay Financial Holdings and Uni-President. 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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Consumer internet investments are targeted by GDP Venture firm.
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Founded Year | Domain | Location | |
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Multiple investment strategies are pursued by this hedge fund.
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Founded Year | Domain | Location | |
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Global private equity investments are managed with long-term focus.
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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 Garena
| 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 |
Financial Statements - Garena
| 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 |
Garena Comparisons
Competitors of Garena
Garena 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 Twitch, Riot Games, Krafton, Ubisoft 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 |
ESports social video streaming platform
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| domain | founded_year | HQ Location |
Video games are developed and eSports tournaments are organized.
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| domain | founded_year | HQ Location |
A variety of online multiplayer games is provided by Krafton.
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| domain | founded_year | HQ Location |
Video games are developed and published by Ubisoft worldwide.
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| domain | founded_year | HQ Location |
Video game developer and publisher focusing on MMORPGs for mobile, browser and PC platforms
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| domain | founded_year | HQ Location |
Video game developers focused on core games
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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 Garena
Frequently Asked Questions about Garena
When was Garena founded?
Garena was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Garena located?
Garena is headquartered in Singapore.
Is Garena a funded company?
Garena is a funded company, having raised a total of $722M across 7 funding rounds to date. The company's 1st funding round was a Series D of $170M, raised on Jul 29, 2008.
What does Garena do?
Garena was founded in 2007 in Singapore, focusing on the mobile entertainment and communication sector. Operations include online gaming and social platforms like Garena, real-time voice and video tools via TalkTalk, and a regional social network through BeeTalk. Financial services are provided by AirPay, enabling payments for games, bills, utilities, and e-commerce in emerging markets across Southeast Asia.
What products or services does Garena offer?
Garena offers Free Fire, Garena Delta Force, Black Clover M, and Garena PC.
Who are Garena's investors?
Garena has 14 investors. Key investors include Tencent, Cathay Financial Holdings, Uni-President, General Atlantic, and Farallon Capital Management.
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