Playco

Tokyo, Japan Founded: 2020 • Age: 6 yrs
Developer of social web games for PC and console
Annual revenue - Latest available
Total funding $100.0M 1 rounds
Employees 40 Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Playco

Playco is a company based in Tokyo (Japan) founded in 2020 by Teddy Cross, Takeshi Otsuka, Michael Maxwell Carter, and Justin Waldron. Playco has raised $100 million across 1 funding round from investors including Digital Garage, Buckley Ventures and Sequoia Capital. The company has 40 employees as of December 31, 2022. Playco operates in a competitive market with competitors including Playtika, World Golf Tour, Xindong Network, Giant Interactive Group and Forgame, among others.

  • Headquarter Tokyo, Japan
  • Employees 40 as on 31 Dec, 2022
  • Founders Teddy Cross, Takeshi Otsuka, Michael Maxwell Carter, Justin Waldron
  • Stage Unicorn
  • Sectors
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Game Closure Inc
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $100 M (USD)

    in 1 rounds

  • Latest Funding Round
    $100 M (USD), Series A

    Sep 21, 2020

  • Investors
  • Employee Count
    40

    as on Dec 31, 2022

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People of Playco

Headcount 10-50
Employee Profiles 28
Employee Profiles
People
Justin Waldron
Co-Founder & President
People
Michael Carter
Co-Founder & CEO
People
Buster Zalkind
VP
People
Amber Freeman
Senior Director Of People

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Funding Insights of Playco

Playco has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Series A round of $100 million completed in September 2020. 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.

Investors in Playco

Playco has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Digital Garage, Buckley Ventures and Sequoia Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sequoia Capital is engaged in venture capital investments.
Locked Locked Locked
-
Locked Locked Locked
A community-focused entity is operated for collective impact initiatives.
Locked Locked Locked
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Investor details for Playco

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Investments & Acquisitions by Playco

Investments
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Investment portfolio details for Playco

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Playco

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Detailed financials for Playco

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Playco Comparisons

Playco Primary company
Description
Developer of social web games for PC and console
Location
Tokyo, Japan
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
40
As of 2022
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Peer comparison for Playco

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Playco

Playco 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 Playtika, World Golf Tour, Xindong Network, Giant Interactive Group and Forgame, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Casual games are developed for mobile and web platforms.
Locked Locked Locked
Golf-focused video games are developed and published independently.
Locked Locked Locked
Web-based PC games are developed by Xindong Network.
Locked Locked Locked
MMO games are developed by a China-based company.
Locked Locked Locked
Web and mobile games are developed and published in China.
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Detailed competitors of Playco

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Latest news on Playco

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Complete news archive for Playco

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Frequently Asked Questions about Playco

Playco was founded in 2020.

Playco is headquartered in Tokyo, Japan. It is registered at Tokyo, Tokyo, Japan.

Michael Maxwell Carter is the current CEO of Playco. They have also founded this company.

Playco is a funded company, having raised a total of $100M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Playco is 40.

Playco was founded in 2020 and is headquartered in Tokyo, Japan. Social web games for PC and console are developed by the company, with offerings including Sway Stories, Heads Up, and Ask Away, alongside titles such as Trip Royale, Snake Squad, and Cat Life. Operations focus on web-based gaming experiences within the entertainment sector, targeting interactive social play.

Playco's top competitors include Playtika, World Golf Tour and Giant Interactive Group.

Playco has 9 investors. Key investors include Digital Garage, Buckley Ventures, Sequoia Capital, KSK Angel Fund, and Mistletoe.

The valuation of Playco is $1B as of Sep 2020.

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