About PlayCanvas
PlayCanvas is a company based in London (United Kingdom) founded in 2011 was acquired by Snapchat in March 2018.. PlayCanvas has raised $503.39 thousand across 3 funding rounds from investors including Snapchat, Techstars and DCT Ventures. PlayCanvas offers products and services including Editor, Engine, SuperSplat, and Model Viewer. PlayCanvas operates in a competitive market with competitors including Epic Games, Wild Pockets, Createra, LOGAME Technology and Brinkbit, among others.
- Headquarter London, United Kingdom
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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 Playcanvas Ltd
- Date of Incorporation 09 May, 2011
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$1.98 M (USD)276as on Dec 31, 2020
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Net Profit
$79.34 K (USD)-46as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$503.39 K (USD)
in 3 rounds
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Latest Funding Round
$469.44 K (USD), Seed
Nov 19, 2014
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Investors
Snapchat
& 4 more
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Employee Count
Employee Count
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Acquired by
Snapchat
(Mar 24, 2018)
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Products & Services of PlayCanvas
PlayCanvas offers a comprehensive portfolio of products and services, including Editor, Engine, SuperSplat, and Model Viewer. 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.
In-browser tool for building HTML5 games with live updates.
WebGL engine for high-performance games across devices.
Tool for creating fast-loading product renders using glTF.
Viewer for displaying glTF models in web environments.
Funding Insights of PlayCanvas
PlayCanvas has successfully raised a total of $503.39K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $469.44 thousand completed in November 2014. 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 3
- Last Round Seed — $469,440
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2014 | Amount | Seed - PlayCanvas | Valuation |
investors |
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| Dec, 2013 | Amount | Seed - PlayCanvas | Valuation |
investors |
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| Sep, 2013 | Amount | Seed - PlayCanvas | Valuation |
investors |
| 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 PlayCanvas
PlayCanvas has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Snapchat, Techstars and DCT Ventures. 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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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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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 PlayCanvas
| 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 - PlayCanvas
| 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 |
Playcanvas Comparisons
Competitors of PlayCanvas
PlayCanvas 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 Epic Games, 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 |
Provider of cross-platform game engine technology
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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 |
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| 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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Frequently Asked Questions about PlayCanvas
When was PlayCanvas founded?
PlayCanvas was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is PlayCanvas located?
PlayCanvas is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is PlayCanvas a funded company?
PlayCanvas is a funded company, having raised a total of $503.39K across 3 funding rounds to date.
What is the annual revenue of PlayCanvas?
Annual revenue of PlayCanvas is $1.98M as on Dec 31, 2020.
What does PlayCanvas do?
PlayCanvas is a cloud-hosted HTML5 game development platform with the browser-based interface. It focuses on real-time collaboration, device independence, and social networking. Has developed multiple games including Tanx, which is a tank battle browser game developed by PlayCanvas. It has collaborative real-time Editor that allows editing project by multiple developers simultaneously. The engine supports the WebGL 1.0 and 2.0 standard to produce GPU accelerated 3D graphics and allows for scripting via the JavaScript programming language.
Who are the top competitors of PlayCanvas?
PlayCanvas's top competitors include Epic Games, Wild Pockets and Brinkbit.
What products or services does PlayCanvas offer?
PlayCanvas offers Editor, Engine, SuperSplat, and Model Viewer.
Who are PlayCanvas's investors?
PlayCanvas has 5 investors. Key investors include Snapchat, Techstars, DCT Ventures, 500 Global, and CBA Startup Ecosystem.
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