About Rovio
Rovio is a company based in Espoo (Finland) founded in 2003 was acquired by Sega in April 2023.. Rovio has raised $42 million across 5 funding rounds from investors including Accel, Sega and European Union. Rovio has completed 3 acquisitions, including Darkfire Games, PlayRaven and Ruby Games. Rovio offers products and services including Angry Birds 2, Angry Birds Dream Blast, Angry Birds Friends, and Bloom City Match. Rovio operates in a competitive market with competitors including Zynga, Scopely, Jam City, Big Fish Games and Tripledot, among others.
- Headquarter Espoo, Finland
- Stage Public
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rovio Copenhagen Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$42 M (USD)
in 5 rounds
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Latest Funding Round
$597.54 K (USD), Grant
Jan 01, 2018
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Investors
Accel
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Darkfire Games
& 2 more
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Acquired by
Sega
(Apr 17, 2023)
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Products & Services of Rovio
Rovio offers a comprehensive portfolio of products and services, including Angry Birds 2, Angry Birds Dream Blast, Angry Birds Friends, and Bloom City Match. 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.
Mobile game featuring slingshot gameplay and character interactions.
Bubble-popping puzzle game with unique Angry Birds style.
Multiplayer slingshot game with weekly levels.
Match-3 puzzles for city-building and gameplay.
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Sales and Marketing
36 people
Software Development Team
25 people
Data Analysis and Operations Team
19 people
Senior Team
18 people
Leadership Team
15 people
Creative and Marketing Team
13 people
Human Resources and Administration
11 people
Lead Team
9 people
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Funding Insights of Rovio
Rovio has successfully raised a total of $42M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $597.54 thousand completed in January 2018. 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 5
- Last Round Grant — $597,542
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First Round
First Round
(10 Mar 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Grant - Rovio | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Rovio | Valuation |
investors |
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| Dec, 2015 | Amount | Grant - Rovio | 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 Rovio
Rovio has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Accel, Sega and European Union. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Tech-based companies are invested in by Atomico venture capital fund.
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Founded Year | Domain | Location | |
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Investments in technology startups are made by Felicis Ventures.
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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 Rovio
Rovio has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Darkfire Games, PlayRaven and Ruby Games. 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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Mobile mid-core RPGs are developed for iOS and Android platforms.
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2020 | ||||
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Casual mobile games are developed for Android and iOS platforms.
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2018 | ||||
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Mobile strategy games are developed by PlayRaven in Finland.
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2013 |
| 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 - Rovio
| 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 |
Rovio Comparisons
Competitors of Rovio
Rovio 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 Zynga, Scopely, Jam City, Big Fish Games and Tripledot, 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 |
Casual games developer and publisher for mobile and web platforms
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| domain | founded_year | HQ Location |
Casual mobile games are developed, published, and operated across platforms.
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| domain | founded_year | HQ Location |
Mobile games are developed and published by Jam City.
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| domain | founded_year | HQ Location |
Developer of mobile and PC-based casual games
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| domain | founded_year | HQ Location |
Developer of mobile-based casual video games
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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 Rovio
Frequently Asked Questions about Rovio
When was Rovio founded?
Rovio was founded in 2003 and raised its 1st funding round 8 years after it was founded.
Where is Rovio located?
Rovio is headquartered in Espoo, Finland.
Is Rovio a funded company?
Rovio is a funded company, having raised a total of $42M across 5 funding rounds to date. The company's 1st funding round was a Grant of $443.59K, raised on Mar 10, 2011.
What does Rovio do?
Rovio was founded in 2003 in Espoo, Finland, as a mobile game developer focused on casual titles. Games such as the Angry Birds franchise, Small Town Murders puzzle series, and Fruit Nibblers have been created by the company. These titles are distributed through Android and iOS platforms, with revenue generated via in-app advertisements and purchases. Operations center on game design and digital distribution in the entertainment sector.
Who are the top competitors of Rovio?
What products or services does Rovio offer?
Rovio offers Angry Birds 2, Angry Birds Dream Blast, Angry Birds Friends, and Bloom City Match.
How many acquisitions has Rovio made?
Rovio has made 3 acquisitions, including Darkfire Games, PlayRaven, and Ruby Games.
Who are Rovio's investors?
Rovio has 5 investors. Key investors include Accel, Sega, European Union, Atomico, and Felicis Ventures.
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