About Riot Games
Riot Games is a company based in San Francisco (United States) founded in 2006 was acquired by Tencent in February 2011. It operates as a Freemium. Riot Games has raised $15 million across 2 funding rounds from investors including Tencent, FirstMark and Benchmark. The company has 4 employees as of April 04, 2024. Riot Games has completed 4 acquisitions, including Hypixel Studios, Kanga and Radiant Entertainment. Riot Games offers products and services including League of Legends, VALORANT, Teamfight Tactics, Legends of Runeterra, and Wild Rift. Riot Games operates in a competitive market with competitors including Krafton, Ubisoft, IGG, Electronic Arts and WeMade Entertainment, among others.
- Headquarter San Francisco, United States
- Employees 4 as on 04 Apr, 2024
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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 Riot Games, Inc.
- Date of Incorporation 04 Aug, 2017
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$630.41 K (USD)439.64as on Mar 31, 2023
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Net Profit
$55.68 K (USD)395.83as on Mar 31, 2023
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EBITDA
$90.92 K (USD)215.2as on Mar 31, 2023
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Series B
Sep 09, 2009
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Investors
Tencent
& 2 more
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Employee Count
4
as on Apr 04, 2024
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Investments & Acquisitions
Hypixel Studios
& 3 more
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Acquired by
Tencent
(Feb 04, 2011)
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Products & Services of Riot Games
Riot Games offers a comprehensive portfolio of products and services, including League of Legends, VALORANT, Teamfight Tactics, Legends of Runeterra, and Wild Rift. 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.
A multiplayer online battle arena game is offered.
A tactical first-person shooter game is provided.
An auto-battler strategy game is developed here.
A digital collectible card game is created.
A mobile version of LoL is offered.
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Software Development Team
80 people
Product Management Team
74 people
Leadership Team
51 people
Senior Team
40 people
Finance and Accounting
31 people
Sales and Marketing
27 people
Creative and Marketing Team
27 people
Operations Team
24 people
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Funding Insights of Riot Games
Riot Games has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in September 2009. 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 2
- Last Round Series B — $8.0M
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First Round
First Round
(10 Jul 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2009 | Amount | Series B - Riot Games | Valuation |
investors |
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| Jul, 2008 | Amount | Series A - Riot Games | 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 |
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Investors in Riot Games
Riot Games has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, FirstMark and Benchmark. 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.
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Venture capital investments are offered to promising startups.
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Early-stage venture capital is invested in tech startups across sectors.
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Value-added internet, mobile, and telecom services are provided in China.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Riot Games
Riot Games has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Hypixel Studios, Kanga and Radiant Entertainment. 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.
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Gaming-related live content is delivered via an interactive platform.
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Role-playing games for PC and console platforms are developed.
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Mobile multiplayer and shooting games are developed by Wargaming Sydney.
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Financial Statements - Riot Games
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Riot Games Comparisons
Competitors of Riot Games
Riot Games 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 Krafton, Ubisoft, IGG, Electronic Arts and WeMade Entertainment, 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 |
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| domain | founded_year | HQ Location |
A variety of online multiplayer games is provided by Krafton.
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Video games are developed and published by Ubisoft worldwide.
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Video game developer and publisher focusing on MMORPGs for mobile, browser and PC platforms
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Video game developers focused on core games
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MMORPGs and related games are developed by WeMade Entertainment.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Riot Games
Frequently Asked Questions about Riot Games
When was Riot Games founded?
Riot Games was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Riot Games located?
Riot Games is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Riot Games a funded company?
Riot Games is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7M, raised on Jul 10, 2008.
How many employees does Riot Games have?
As of Apr 04, 2024, the latest employee count at Riot Games is 4.
What is the annual revenue of Riot Games?
Annual revenue of Riot Games is $630.41K as on Mar 31, 2023.
What does Riot Games do?
Riot Games is established as a leading developer of video games, focusing on titles such as League of Legends, VALORANT, Teamfight Tactics, Legends of Runeterra, and Wild Rift. The company is involved in the gaming sector, providing multiplayer and tactical gaming experiences across various platforms. Additionally, esports events and entertainment content are organized, enhancing player engagement globally.
Who are the top competitors of Riot Games?
What products or services does Riot Games offer?
Riot Games offers League of Legends, VALORANT, Teamfight Tactics, Legends of Runeterra, and Wild Rift.
How many acquisitions has Riot Games made?
Riot Games has made 4 acquisitions, including Hypixel Studios, Kanga, and Radiant Entertainment.
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