Sad Cat Studios

Limassol, Cyprus Founded: 2017 • Age: 9 yrs
Developer of PC and console-based retro games

About Sad Cat Studios

Sad Cat Studios is a company based in Limassol (Cyprus) founded in 2017 by Igor Gritsay. Sad Cat Studios has raised $5 million across 1 funding round from investors including GEM Capital. Sad Cat Studios operates in a competitive market with competitors including Supersocial, Gardens, Methodical, Double Fine and Facepunch, among others.

Key Metrics
  • Net Loss
    -₹4.3 Lakh

    FY 2017 · 0% margin

  • EBITDA
    -₹6 Lakh

    FY 2017 · 0% margin

  • Total Equity Funding
    $5M (USD)

    in 1 rounds

  • Latest Funding Round
    $5M (USD), Series A

    Oct 2023

  • Investors

Funding Insights of Sad Cat Studios

Sad Cat Studios has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in October 2023. 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 $5M
  • Total Rounds 1
  • Last Round Series A β€” $5M
  • First Round $5M

    (Oct 2023)

  • Investors Count 1

All 1 funding rounds of Sad Cat Studios with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2023$5MSeries A––
Valuation history

1 investors in total: 1 institutional.

Investors in Sad Cat Studios

Sad Cat Studios has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GEM Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity and venture capital investment firm
–gem.capitalPaphos, Cyprus
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Investor details for Sad Cat Studios

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Board of directors of Studios Design Consultancy Private Limited (Sad Cat Studios)

Studios Design Consultancy Private Limited is the primary company behind Sad Cat Studios. The board of Studios Design Consultancy Private Limited currently have 2 directors; the longest-serving is Manoj Sharad Patel, appointed in 2015. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manoj Sharad Patel
DIN 05018345
Director27 Mar 201511 yrs 6 moStudios Design Consultancy Private Limited
Raghavendra Jagganath Joshi
DIN 00086224
Director27 Jun 20224 yrs 3 moStudios Design Consultancy Private Limited

People of Sad Cat Studios

1 people are tracked at Sad Cat Studios (1 in leadership).

NameRoleGroup
Igor Gritsay
Co-FounderLeadership
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Complete people profiles for Sad Cat Studios

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Financials of Sad Cat Studios

Figures of Studios Design Consultancy Private Limited, the primary company behind Sad Cat Studios, for FY 2017. Net loss was -₹4.3 Lakh (0% margin). EBITDA was -₹6 Lakh (0% margin).

  • -₹4.3 LakhNet loss · 0% margin
  • -₹6 LakhEBITDA · 0% margin
  • ₹71.8 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Studios Design Consultancy Private Limited are on its company page.

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Detailed financial statements for Sad Cat Studios

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Timeline of Sad Cat Studios

2 dated milestones of Sad Cat Studios across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sad Cat Studios is founded.
  2. Funding First funding round of $5.0M.

Competitors of Sad Cat Studios

Sad Cat Studios 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 Supersocial, Gardens, Methodical, Double Fine and Facepunch, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
supersocialinc.com2020New York, United States$7.11M29
Casual video games are developed for Roblox by Supersocial.
gardens.dev2020Los Angeles, United States$35.88M9
Casual video games for mobile and PC platforms are developed.
methodical.com2022Raleigh, United States$15M–
Developer of PC and console-based games
doublefine.com2000San Francisco, United States$8M71
PC and console-based casual games are developed.
facepunch.com2004Birmingham, United Kingdom–20
Develops and publishes video games for PC via Steam platforms.
amihan.gg2021Los Angeles, United States$3M–
Casual games for PC and consoles are developed.
kooply.com2019Tel Aviv, Israel$18M–
Developer of PC and console-based casual games
vixagames.com2016Gdansk, Poland––
Develops innovative indie games with unique art styles for casual and horror genres.
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Detailed competitors of Sad Cat Studios

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Latest news on Sad Cat Studios

Sad Cat Studios raises $5m investment
Gamesindustry β€’ 3 years ago
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Complete news archive for Sad Cat Studios

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Similar companies to Sad Cat Studios

10 companies that operate in the same segment as Sad Cat Studios (MMORPG & Online Gaming), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Casual games developer and publisher for mobile and web platforms
2007San Francisco, California, United StatesUSD 525.6 MUSD 49.68 M624
Developer of mobile-based casual video games
2017London, England, United KingdomUSD 202 M––
Operator of a platform providing skill-based games and interactive entertainment
2018Delhi, Delhi, IndiaUSD 92 MUSD 83.05 M1
Provider of cross-platform game engine technology
1991Cary, North Carolina, United StatesUSD 8.13 B–771
Mobile games are developed and published by Jam City.
2007Culver City, California, United StatesUSD 499.49 M––
Operator of a multifaceted platform for sports content and experiences
2008Mumbai, Maharashtra, IndiaUSD 1.34 BUSD 509.95 K–
Mobile social games and services are developed and operated globally.
1999Shibuya, Tokyo, Japan–USD 926.03 M2,570
Skill-based online games are provided through a technology-driven platform.
2006Mumbai, Maharashtra, IndiaUSD 99.06 M––
Diversified gaming and sports media platforms are operated and developed.
1999Mumbai, Maharashtra, IndiaUSD 127.93 MUSD 194.94 M63
Casino games are developed for mobile and web platforms.
2011Burlingame, California, United StatesUSD 36.17 MUSD 235.1 M568
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Frequently Asked Questions about Sad Cat Studios

Sad Cat Studios was founded in 2017 and raised its 1st funding round 6 years after it was founded.

Sad Cat Studios is headquartered in Limassol, Cyprus.

Sad Cat Studios is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Oct 2023.

Developer of PC and console-based retro games. It offers a game REPLACED which is a 2.5D sci-fi retro-futuristic action platformer where the player is an artificial intelligence trapped in a human body.

Sad Cat Studios's top competitors include Supersocial, Kooply and Double Fine.

Sad Cat Studios has 1 investor. Key investors include GEM Capital.

Sad Cat Studios operates through Studios Design Consultancy Private Limited.

The legal entities of Sad Cat Studios currently have 2 directors, including Manoj Sharad Patel, Raghavendra Jagganath Joshi.

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