Sky Mavis

Singapore, Singapore Founded: 2019 • Age: 7 yrs
Blockchain-based NFT games are developed for strategy and role-playing genres.
Annual revenue $403,091 Latest available
Total funding $311.0M 5 rounds
Employees - Tracked headcount
Investors 24 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Sky Mavis

Sky Mavis is a company based in Singapore (Singapore) founded in 2019 by Aleksander Leonard Larsen and Trung Nguyen. Sky Mavis has raised $311 million across 5 funding rounds from investors including Binance, Consensys and Animoca Brands. Sky Mavis offers products and services including Axie Infinity, Ronin, and Mavis Ecosystem. Sky Mavis operates in a competitive market with competitors including Dapper Labs, Animoca Brands, Immutable, Jambo and Enjin, among others.

  • Headquarter Singapore, Singapore
  • Founders Aleksander Leonard Larsen, Trung Nguyen
  • Stage Unicorn
  • Sectors
    Technology
    Media & Entertainment Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Sky Mavis Pte. Ltd.
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $403.09 K (USD)
    19.31
    as on Mar 31, 2022
  • Net Profit
    $26.11 K (USD)
    -14.87
    as on Mar 31, 2022
  • EBITDA
    $31.2 K (USD)
    28.43
    as on Mar 31, 2022
  • Total Equity Funding
    $311 M (USD)

    in 5 rounds

  • Latest Funding Round
    $150 M (USD), Series B

    Apr 06, 2022

  • Investors
    Binance

    & 23 more

  • Employee Count
    Not available
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Products & Services of Sky Mavis

Sky Mavis offers a comprehensive portfolio of products and services, including Axie Infinity, Ronin, and Mavis Ecosystem.

Product name locked
Category locked
Primary

A game for collecting and battling creatures on blockchain.

Product name locked
Category locked
Locked

EVM blockchain designed for gaming economies.

Product name locked
Category locked
Locked

Tools for building and scaling blockchain games.

People of Sky Mavis

Headcount 50-200
Employee Profiles 36
Employee Profiles
People
Melissa Sagstad
Office Manager & C Level Executive Assistant
People
Hanna Gulbrandsen
Community Protection Lead
People
Diep Nhut Phuong
Product Designer
People
Linh (Kaitlyn) Nguyen
Talent Engagement

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Funding Insights of Sky Mavis

Sky Mavis has successfully raised a total of $311M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $150 million completed in April 2022. 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.

Investors in Sky Mavis

Sky Mavis has secured backing from 24 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Binance, Consensys and Animoca Brands.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
Locked Locked Locked
Venture capital investments are directed toward crypto-assets and Web3 businesses.
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Accel is recognized as a leading venture capital firm.
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Investor details for Sky Mavis

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Sky Mavis

Investments
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Investment portfolio details for Sky Mavis

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  • Transaction dates
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Financial Statements - Sky Mavis

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Detailed financials for Sky Mavis

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  • Profit trends
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Sky Mavis Comparisons

Sky Mavis Primary company
Description
Blockchain-based NFT games are developed for strategy and ro...
Location
Singapore, Singapore
Founded Year
2019
Annual Revenue
$403.09 K (USD)
Net Profit
$26.11 K (USD)
EBITDA
$31.2 K (USD)
Employees
Not available
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Peer comparison for Sky Mavis

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Sky Mavis

Sky Mavis 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 Dapper Labs, Animoca Brands, Immutable, Jambo and Enjin, among others.

Company Name Domain Founded year HQ Location Description
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Blockchain-based games developer for PC and console
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Blockchain-based PC and mobile games are developed and published.
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Blockchain infrastructure for NFT games and applications is developed.
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Web3 mobile infrastructure solutions are developed for a super app.
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Virtual assets are created via a blockchain-based gaming platform.
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Detailed competitors of Sky Mavis

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Latest news on Sky Mavis

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Complete news archive for Sky Mavis

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Sky Mavis

Sky Mavis was founded in 2019.

Sky Mavis is headquartered in Singapore, Singapore.

Trung Nguyen is the current CEO of Sky Mavis. They have also founded this company.

Sky Mavis is a funded company, having raised a total of $311M across 5 funding rounds to date.

Annual revenue of Sky Mavis is $403.09K as on Mar 31, 2022.

Sky Mavis was founded in 2019 and is headquartered in Singapore. Operations center on the development of blockchain-integrated video games, particularly those incorporating non-fungible tokens (NFTs) for strategy and role-playing experiences. Axie Infinity, a key title from the studio, is accessible on PC platforms. The company operates within the gaming and blockchain sectors, emphasizing digital asset integration in interactive entertainment.

Sky Mavis's top competitors include Animoca Brands, Dapper Labs and Immutable.

Sky Mavis offers Axie Infinity, Ronin, and Mavis Ecosystem.

Sky Mavis has 24 investors. Key investors include Binance, Consensys, Animoca Brands, FTX, and Accel.

The valuation of Sky Mavis is $3B as of Oct 2021.

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