About Shift UP
Shift UP is a company based in Seoul (South Korea) founded in 2013. Shift UP has raised $26.4 million across 3 funding rounds from investors including Tencent and Kakao Ventures. The company has 319 employees. Shift UP offers products and services including Stellar Blade, Goddess of Victory: Nikke, and Destiny Child. Shift UP operates in a competitive market with competitors including Electronic Arts, Netmarble Games Corporation, Machine Zone, Nexon and Futureplay Games, among others.
- Headquarter Seoul, South Korea
- Employees 319
- Stage Public
- SectorsMedia & Entertainment
- Email••••••••
- Website shiftup.co.kr
- Legal Name Shift Up Corp
- Annual Revenue$203.95 M (USD)31.44as on Dec 31, 2025
- Net Profit$132.55 M (USD)29.37as on Dec 31, 2025
- EBITDA$129.65 M (USD)19.52as on Dec 31, 2025
- Total Equity Funding$26.4M (USD)
in 3 rounds
- InvestorsTencent
& 1 more
- Employee Count319
Products & Services of Shift UP
Shift UP offers a comprehensive portfolio of products and services, including Stellar Blade, Goddess of Victory: Nikke, and Destiny Child.
Action adventure RPG involving combat against alien invaders.
Third-person shooter RPG fighting alien threats with strategy.
Character collection RPG building armies in a fantasy world.
Funding Insights of Shift UP
Shift UP has successfully raised a total of $26.4M across 3 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 $26.4M
- Total Rounds 3
- First Round $26.4M
(Jul 2016)
- Investors Count 2
All 3 funding rounds of Shift UP with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2022 | – | Series B | – | Tencent | – |
| Jul 2022 | – | Series B | $1B | Kakao Ventures | – |
| Jul 2016 | $26.4M | Series A | – | Kakao Ventures | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2022 | $1B | •••••••• |
Last known valuation $1B (Jul 2022). 2 investors in total: 2 institutional.
Investors in Shift UP
Shift UP has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent and Kakao Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward IT startups. | – | kakao.vc | Seongnam-si, South Korea | |
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China |
Investor details for Shift UP
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People of Shift UP
1 people are tracked at Shift UP (1 in leadership); the tracked headcount is 319.
| Name | Role | Group |
|---|---|---|
Kim Hyung Tae | CEO | Leadership |
Complete people profiles for Shift UP
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IPO & Listings of Shift UP
Shift UP is a publicly listed company on the KRX with ticker symbol 462870 in South Korea, 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.
- IPO date11 Jul 2024
- Listed onKRX: 462870
- Listed entitySHIFT UP Corp
- Exchange sectorTechnology services
- ISINKR7462870007
- Share price30,750.00 KRW (-1.91% on the day) · 2026-10-08
- Market capitalisation1,776,855,900,764.00 KRW
- Price to earnings9.3
- EPS (diluted, trailing year)3,303.16 KRW
- Volume (last session)41,748
Financials of Shift UP
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 294.55B KRW | 191.43B KRW | 187.24B KRW |
| 2024 | 224.08B KRW | 147.97B KRW | 156.66B KRW |
| 2023 | 168.59B KRW | 106.69B KRW | 113.71B KRW |
| 2022 | 66.07B KRW | -7.13B KRW | – |
| 2021 | 17.18B KRW | -18.62B KRW | -17.83B KRW |
Detailed financial statements for Shift UP
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Shift UP
5 dated milestones of Shift UP across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Shift UP is founded.
- Funding First funding round of $26.4M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series B,.
- IPO Lists on the stock exchange (IPO).
Competitors of Shift UP
Shift UP 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 Electronic Arts, Netmarble Games Corporation, Machine Zone, Nexon and Futureplay Games, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ea.com | 1982 | Redwood, United States | – | 956 | Video game developers focused on core games | |
| netmarble.com | 2012 | Seoul, South Korea | $533M | – | Mobile-based mid-core games are developed and published across platforms. | |
| mz.com | 2008 | Palo Alto, United States | $271.43M | 542 | Mobile game developer | |
| nexon.com | 1994 | El Segundo, United States | – | – | Nexon is recognized as a leading developer of online games. | |
| futureplaygames.com | 2015 | Helsinki, Finland | $2.93M | – | Casual mobile games are developed with ad-based monetization models. | |
| spaceapegames.com | 2012 | London, United Kingdom | $20.88M | 125 | Mobile Game developer specializing in mid-Core games | |
| klab.com | 1997 | San Francisco, United States | – | 572 | Mobile games for iOS and Android are developed by KLab. | |
| linekong.com | 2007 | Beijing, China | $135M | – | Mid-core mobile games are developed and published by Linekong. | |
| supercell.com | 2010 | Helsinki, Finland | $143.05M | – | Mid-core mobile games are developed for iOS and Android platforms. |
Detailed competitors of Shift UP
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Web traffic of Shift UP
The website of Shift UP (shiftup.co.kr) receives about 53.2K visits a month.
- Monthly visits53.2K
▼ 19.1% vs previous month
Websites whose visitors overlap most with Shift UP. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
nikke-kr.com | nikke-kr.com | 100% | – | #503,664 | – |
stellar-blade.com | stellar-blade.com | 96% | – | #1,240,237 | – |
| tgdaily.co.kr | 95% | – | #410,135 | View details | |
nikke-global.com | nikke-global.com | 94% | – | #245,528 | – |
gamejob.co.kr | gamejob.co.kr | 90% | – | #53,811 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Shift UP
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- 40 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Shift Up
Complete news archive for Shift UP
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Shift UP
10 companies that operate in the same segment as Shift UP (MMORPG & Online Gaming), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Casual games developer and publisher for mobile and web platforms | 2007 | San Francisco, California, United States | USD 525.6 M | USD 49.68 M | 624 | |
Developer of mobile-based casual video games | 2017 | London, England, United Kingdom | USD 202 M | – | – | |
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Provider of cross-platform game engine technology | 1991 | Cary, North Carolina, United States | USD 8.13 B | – | 771 | |
Mobile games are developed and published by Jam City. | 2007 | Culver City, California, United States | USD 499.49 M | – | – | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 1.34 B | USD 509.95 K | – | |
Mobile social games and services are developed and operated globally. | 1999 | Shibuya, Tokyo, Japan | – | USD 926.03 M | 2,570 | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 99.06 M | – | – | |
Diversified gaming and sports media platforms are operated and developed. | 1999 | Mumbai, Maharashtra, India | USD 127.93 M | USD 194.94 M | 63 | |
Casino games are developed for mobile and web platforms. | 2011 | Burlingame, California, United States | USD 36.17 M | USD 235.1 M | 568 |
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Frequently Asked Questions about Shift UP
Shift UP was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Shift UP is headquartered in Seoul, South Korea.
Kim Hyung Tae is the current CEO of Shift UP.
Shift UP is a funded company, having raised a total of $26.4M across 3 funding rounds to date. The company's 1st funding round was a Series A of $26.4M, raised on Jul 2016.
Shift UP has 319 employees.
Annual revenue of Shift UP is $203.95M as on Dec 31, 2025.
Shift UP was founded in 2013 and is based in Seoul, South Korea. Operations focus on the game design and development sector, where various aspects such as design, coding, sound, and video production are handled. Games including Destiny Child, Stellar Blade, and Goddess of Victory are offered through the studios portfolio.
Shift UP's top competitors include Machine Zone, Supercell and Linekong.
Shift UP offers Stellar Blade, Goddess of Victory: Nikke, and Destiny Child.
Yes, Shift UP is publicly traded on KRX under the ticker symbol 462870.
Shift UP has 2 investors. Key investors include Tencent, and Kakao Ventures.
The valuation of Shift UP is $1B as of Jul 2022.