About Krafton
Krafton is a company based in Seoul (South Korea) founded in 2007 by Chang Byung Gyu.. Krafton has raised $34.99 million across 4 funding rounds from investors including Tencent, Premier Partners and IMM Korea. The company has 1,900 employees as of December 31, 2024. Krafton has completed 9 acquisitions, including 5minlab, ADK and Between. Krafton offers products and services including PUBG: Battlegrounds, Dark and Darker Mobile, The Callisto Protocol, and Subnautica: Below Zero. Krafton operates in a competitive market with competitors including Riot Games, Ubisoft, Electronic Arts, IGG and Kabam, among others.
- Headquarter Seoul, South Korea
- Employees 1900 as on 31 Dec, 2024
- Founders Chang Byung Gyu
- Stage Public
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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
*********
- Legal Name Krafton, Inc.
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Annual Revenue
$1.84 B (USD)41.83as on Dec 31, 2024
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Net Profit
$888.27 M (USD)119.38as on Dec 31, 2024
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EBITDA
$874.71 M (USD)47.08as on Dec 31, 2024
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Total Equity Funding
$34.99 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Tencent
& 4 more
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Employee Count
1900
as on Dec 31, 2024
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Investments & Acquisitions
5minlab
& 8 more
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IPO & Listings of Krafton
Krafton is a publicly listed company on the KRX with ticker symbol 259960 in South Korea, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Krafton
Krafton offers a comprehensive portfolio of products and services, including PUBG: Battlegrounds, Dark and Darker Mobile, The Callisto Protocol, and Subnautica: Below Zero. 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.
Online multiplayer survival game for competitive play
Fantasy role-playing game with cooperative elements
Survival horror game in a sci-fi setting
Underwater adventure with survival mechanics
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Software Development Team
14 people
Sales and Marketing
12 people
Creative and Marketing Team
11 people
Product Management Team
10 people
Leadership Team
10 people
Finance and Accounting
8 people
Legal and Compliance
8 people
Team Team
5 people
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Funding Insights of Krafton
Krafton has successfully raised a total of $34.99M across 4 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 Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(01 Jun 2008)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series C - Krafton | Valuation | Tencent |
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| Jun, 2014 | Amount | Series B - Krafton | Valuation | Premier Partners , IMM Investment |
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| Jun, 2009 | Amount | Series B - Krafton | Valuation | Stonebridge Capital |
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| 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 Krafton
Krafton has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Premier Partners and IMM Korea. 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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Private equity & venture capital firm
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Founded Year | Domain | Location | |
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Growth stage companies are targeted for private equity investments.
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Founded Year | Domain | Location | |
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Early-stage tech and life sciences focused VC & PE 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 Krafton
Krafton has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include 5minlab, ADK and Between. 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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Independent video game development studio
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2018 | ||||
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Arcade games for mobile platforms are developed independently.
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2016 | ||||
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Entertainment chatbots with fictional avatars are provided by Thingsflow.
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2016 |
| 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 - Krafton
| 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 |
Krafton Comparisons
Competitors of Krafton
Krafton 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, Ubisoft, Electronic Arts, IGG and Kabam, 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.
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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 developers focused on core games
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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 |
Mobile and web games are developed and published by Kabam.
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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 Krafton
Frequently Asked Questions about Krafton
When was Krafton founded?
Krafton was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Krafton located?
Krafton is headquartered in Seoul, South Korea.
Who is the current CEO of Krafton?
Changhan Kim is the current CEO of Krafton.
Is Krafton a funded company?
Krafton is a funded company, having raised a total of $34.99M across 4 funding rounds to date. The company's 1st funding round was a Series B of $15.56M, raised on Jun 01, 2008.
How many employees does Krafton have?
As of Dec 31, 2024, the latest employee count at Krafton is 1,900.
What is the annual revenue of Krafton?
Annual revenue of Krafton is $1.84B as on Dec 31, 2024.
What does Krafton do?
Krafton was founded in 2007 in Seoul, South Korea, and operates in the gaming sector. Online games such as PUBG Battlegrounds and New State Mobile are developed and distributed by the company. A platform called Krafton ID is maintained for users to access exclusive in-game content and rewards. Partnerships with entities like Microsoft Azure are utilized to support gaming infrastructure and experiences.
Who are the top competitors of Krafton?
Krafton's top competitors include Kabam, Riot Games and Ubisoft.
What products or services does Krafton offer?
Krafton offers PUBG: Battlegrounds, Dark and Darker Mobile, The Callisto Protocol, and Subnautica: Below Zero.
Is Krafton publicly traded?
Yes, Krafton is publicly traded on KRX under the ticker symbol 259960.
How many acquisitions has Krafton made?
Who are Krafton's investors?
Krafton has 5 investors. Key investors include Tencent, Premier Partners, IMM Korea, Stonebridge Capital, and Altos Ventures Management.
What is Krafton's ticker symbol?
The ticker symbol of Krafton is 259960 on KRX.
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