Remedy Entertainment

Espoo, Finland Founded: 1995 • Age: 31 yrs
Story-driven action games are developed for PC and consoles.
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About Remedy Entertainment

Remedy Entertainment is a company based in Espoo (Finland) founded in 1995 by Sami Vanhatalo.. The company has 367 employees as of December 31, 2024. Remedy Entertainment offers products and services including Alan Wake, Control, Northlight, Quantum Break, and Max Payne. Remedy Entertainment operates in a competitive market with competitors including Animoca Brands, Electronic Arts, Riot Games, Dapper Labs and Ubisoft, among others.

  • Headquarter Espoo, Finland
  • Employees 367 as on 31 Dec, 2024
  • Founders Sami Vanhatalo
  • Stage Public
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Remedy Entertainment Oy
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment
Key Metrics
  • Annual Revenue
    $52.63 M (USD)
    49.3
    as on Dec 31, 2024
  • Net Profit
    $-3.74 M (USD)
    84.13
    as on Dec 31, 2024
  • EBITDA
    $2.1 M (USD)
    110.89
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    367

    as on Dec 31, 2024

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IPO & Listings of Remedy Entertainment

Remedy Entertainment is a publicly listed company on the OMXHEX with ticker symbol REMEDY in Finland, 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.

Exchange: OMXHEX · Ticker: REMEDY . Sector: Technology services · Finland

Products & Services of Remedy Entertainment

Remedy Entertainment offers a comprehensive portfolio of products and services, including Alan Wake, Control, Northlight, Quantum Break, and Max Payne. 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.

Primary

Psychological thriller game with narrative-driven gameplay

Supernatural action-adventure game featuring dynamic combat

Advanced toolset for creating high-fidelity game worlds

Time-manipulation adventure game with cinematic elements

Third-person shooter game focused on story and action

People of Remedy Entertainment
Headcount 200-500
Employee Profiles 62
Board Members and Advisors 4
Employee Profiles
People
Nicolas Ahonen
Lead UI Programmer
People
Iman Behbahaninia
Senior Development Manager
People
Tero Virtala
CEO
People
Johannes Paloheimo
Chief Commercial Officer

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Board Members and Advisors
people
Henri Österlund
Director
people
Kai Tavakka
Director
people
Kaisa Salakka
Director
people
Sonja Ängeslevä
Director

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Funding Insights of Remedy Entertainment

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Remedy Entertainment

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Remedy Entertainment

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Remedy Entertainment Comparisons

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Competitors of Remedy Entertainment

Remedy Entertainment 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 Animoca Brands, Electronic Arts, Riot Games, Dapper Labs and Ubisoft, 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
Blockchain-based PC and mobile games are developed and published.
domain founded_year HQ Location
Video game developers focused on core games
domain founded_year HQ Location
Video games are developed and eSports tournaments are organized.
domain founded_year HQ Location
Blockchain-based games developer for PC and console
domain founded_year HQ Location
Video games are developed and published by Ubisoft worldwide.
domain founded_year HQ Location
A variety of online multiplayer games is provided by Krafton.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Remedy Entertainment

Frequently Asked Questions about Remedy Entertainment

When was Remedy Entertainment founded?

Remedy Entertainment was founded in 1995.

Where is Remedy Entertainment located?

Remedy Entertainment is headquartered in Espoo, Finland.

Who is the current CEO of Remedy Entertainment?

Tero Virtala is the current CEO of Remedy Entertainment.

How many employees does Remedy Entertainment have?

As of Dec 31, 2024, the latest employee count at Remedy Entertainment is 367.

What is the annual revenue of Remedy Entertainment?

Annual revenue of Remedy Entertainment is $52.63M as on Dec 31, 2024.

What does Remedy Entertainment do?

Remedy Entertainment was founded in 1995 in Espoo, Finland, and operates in the video game development sector. Third-person shooter games featuring cinematic actions and narrative elements are created by the company. Titles such as Control, Alan Wake, and Max Payne have been produced. Games are distributed through platforms like Steam and Amazon, with revenue derived from paid downloads and sales.

Who are the top competitors of Remedy Entertainment?

Remedy Entertainment's top competitors include Krafton, Animoca Brands and Riot Games.

What products or services does Remedy Entertainment offer?

Remedy Entertainment offers Alan Wake, Control, Northlight, Quantum Break, and Max Payne.

Is Remedy Entertainment publicly traded?

Yes, Remedy Entertainment is publicly traded on OMXHEX under the ticker symbol REMEDY.

What is Remedy Entertainment's ticker symbol?

The ticker symbol of Remedy Entertainment is REMEDY on OMXHEX.

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