About PlayStudios
PlayStudios is a company based in Burlingame (United States) founded in 2011 by Ofer Rundstein.. PlayStudios has raised $36.17 million across 6 funding rounds from investors including Activision Blizzard, MGM Resorts International and Icon Ventures. The company has 568 employees as of December 31, 2024. PlayStudios has completed 2 acquisitions, including Brainium and Scene53. PlayStudios offers products and services including Tetris Block Puzzle, MGM Slots Live, myVEGAS Bingo, and playAWARDS. PlayStudios operates in a competitive market with competitors including Huuuge Games, Head Digital Works, SciPlay, Pokerface and Gameskraft, among others.
- Headquarter Burlingame, United States
- Employees 568 as on 31 Dec, 2024
- Founders Ofer Rundstein
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Playstudios, Inc.
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Annual Revenue
$289.43 M-6.9as on Dec 31, 2024
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Net Profit
$-28.69 M-47.92as on Dec 31, 2024
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EBITDA
$38.29 M-11.69as on Dec 31, 2024
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Total Equity Funding
$36.17 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Activision Blizzard
& 2 more
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Employee Count
568
as on Dec 31, 2024
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Investments & Acquisitions
Brainium
& 1 more
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IPO & Listings of PlayStudios
PlayStudios is a publicly listed company on the NASDAQ with ticker symbol MYPS in USA, 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 PlayStudios
PlayStudios offers a comprehensive portfolio of products and services, including Tetris Block Puzzle, MGM Slots Live, myVEGAS Bingo, and playAWARDS. 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.
Iconic puzzle game offering strategic block matching on mobile.
Virtual slot machine experience simulating Vegas casino play.
Reimagined bingo game with rewards and social features.
System connecting players to brands for gaming rewards.
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Leadership Team
14 people
Product Management Team
13 people
Software Development Team
10 people
Sales and Marketing
7 people
Finance and Accounting
6 people
Human Resources and Administration
6 people
Senior Team
5 people
Creative and Marketing Team
5 people
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Funding Insights of PlayStudios
PlayStudios has successfully raised a total of $36.17M across 6 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 6
- Last Round Last Round
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First Round
First Round
(13 Jul 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - PlayStudios | Valuation |
investors |
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| Jun, 2021 | Amount | Debt – Conventional - PlayStudios | Valuation |
investors |
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| Aug, 2017 | Amount | Series C - PlayStudios | Valuation |
investors |
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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 PlayStudios
PlayStudios has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Activision Blizzard, MGM Resorts International and Icon 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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Sector-agnostic growth stage VC investment company funding companies in the US and Asia
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Founded Year | Domain | Location | |
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Video games are developed and published by Activision Blizzard.
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Founded Year | Domain | Location | |
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Operator of hotels and resorts
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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 PlayStudios
PlayStudios has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Brainium and Scene53. 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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Real-time and multi-player mobile games were developed by Scene53.
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2010 | ||||
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End-to-end IoT solutions for edge AI and security are provided.
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1996 |
| 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 - PlayStudios
| 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 |
Playstudios Comparisons
Competitors of PlayStudios
PlayStudios 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 Huuuge Games, Head Digital Works, SciPlay, Pokerface and Gameskraft, 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 |
Mobile casino games with social features are developed for platforms.
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| domain | founded_year | HQ Location |
Provider of online skill-based gaming platforms
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| domain | founded_year | HQ Location |
Casual mobile games are developed and published by SciPlay.
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| domain | founded_year | HQ Location |
Mobile casino games are developed and distributed on app stores.
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| domain | founded_year | HQ Location |
Online platforms for skill-based gaming are provided and operated.
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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 Playstudios
Frequently Asked Questions about PlayStudios
When was PlayStudios founded?
PlayStudios was founded in 2011.
Where is PlayStudios located?
PlayStudios is headquartered in Burlingame, United States. It is registered at Burlingame, California, United States.
Is PlayStudios a funded company?
PlayStudios is a funded company, having raised a total of $36.17M across 6 funding rounds to date. The company's 1st funding round was a Series C of $2.47M, raised on Jul 13, 2011.
How many employees does PlayStudios have?
As of Dec 31, 2024, the latest employee count at PlayStudios is 568.
What is the annual revenue of PlayStudios?
Annual revenue of PlayStudios is $289.43M as on Dec 31, 2024.
What does PlayStudios do?
PlayStudios was founded in 2011 and is headquartered in Burlingame, United States. Casino games focused on slots and blackjack are developed by the company for mobile and web platforms. Titles such as My Vegas for Facebook, myVEGAS Slots, and myVEGAS Blackjack 21 have been created, with availability on the Google Play store. Revenue is generated through advertisements and in-app purchases.
Who are the top competitors of PlayStudios?
PlayStudios's top competitors include Huuuge Games, Head Digital Works and SciPlay.
What products or services does PlayStudios offer?
PlayStudios offers Tetris Block Puzzle, MGM Slots Live, myVEGAS Bingo, and playAWARDS.
Is PlayStudios publicly traded?
Yes, PlayStudios is publicly traded on NASDAQ under the ticker symbol MYPS.
How many acquisitions has PlayStudios made?
Who are PlayStudios's investors?
PlayStudios has 3 investors. Key investors include Activision Blizzard, MGM Resorts International, and Icon Ventures.
What is PlayStudios's ticker symbol?
The ticker symbol of PlayStudios is MYPS on NASDAQ.
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