Sky Mavis

Singapore, Singapore Founded: 2019 • Age: 7 yrs Unicorn
Blockchain-based NFT games are developed for strategy and role-playing genres.

About Sky Mavis

Sky Mavis is a Technology company based in Singapore (Singapore) founded in 2019 by Aleksander Leonard Larsen, Trung Nguyen, and Jeffrey Zirlin. Blockchain-based NFT games are developed for strategy and role-playing genres. It operates in the Technology, Media & Entertainment, and Financial Services sectors. Sky Mavis has raised $311 million across 5 funding rounds from investors including Binance, Consensys and Animoca Brands. The company has 124 employees. Sky Mavis was last valued at $3 billion in October 2021. Its chief executive, as recorded, is Trung Nguyen. Its website skymavis.com draws about 97 thousand monthly visits. Its Indian entity Ironsource India Private Limited reported revenue of β‚Ή21.75 Cr. Sky Mavis offers products and services including Axie Infinity, Ronin, and Mavis Ecosystem. Its focus areas include Gaming, PC & Console Gaming, Game Developers and PC & Console Games.

Company details

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.

  • Headquarters Singapore, Singapore
  • Employees 124
  • Founders Aleksander Leonard Larsen, Trung Nguyen, Jeffrey Zirlin
  • Stage Unicorn
  • Sectors
    Technology
    Media & Entertainment Financial Services
  • Website skymavis.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Sky Mavis Pte. Ltd.
  • Date of Incorporation 26 Apr, 2016
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹21.75 Cr

    FY 2025 · +206% YoY

  • Indian entity net profit
    ₹3.79 Cr

    FY 2025 · 17% margin

  • Indian entity EBITDA
    ₹5.88 Cr

    FY 2025 · 27% margin

  • Total Equity Funding
    $311M (USD)

    in 5 rounds

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

    Apr 2022

  • Investors
    Binance

    & 28 more

  • Employee Count
    124

Products & Services of Sky Mavis

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

Axie Infinity
Blockchain Game

A game for collecting and battling creatures on blockchain.

Ronin
Blockchain Platform

EVM blockchain designed for gaming economies.

Mavis Ecosystem
Development Tools

Tools for building and scaling blockchain games.

Apps and channels of Sky Mavis

its YouTube channel Sky Mavis Vietnam has 3.23K subscribers and 30 videos.

Sky Mavis Vietnam
YouTube 3.23K subscribers 30 videos Science & Technology
Open channel

Videos from Sky Mavis

The most watched videos on Sky Mavis's YouTube channel, Sky Mavis Vietnam (3.23K subscribers). Click a video to play it here.

The Sky Mavis team | Life at Sky Mavis
3.8K views
Interviews with Mavis Seeds | Life at Sky Mavis
2.5K views
Happy Hour at Sky Mavis | Life at Sky Mavis
2.4K views
Nurturing our Mavis Seeds | Life at Sky Mavis
2.4K views

More on Sky Mavis Vietnam.

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.

  • Total Funding $311M
  • Total Rounds 5
  • Last Round Series B β€” $150M
  • First Round $1.5M

    (Nov 2019)

  • Investors Count 29

All 5 funding rounds of Sky Mavis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$150MSeries B–Binance
Jan 2022Series B––
Oct 2021$152MSeries B$3Ba16z
May 2021$7.5MSeries A–Libertus Capital
Nov 2019$1.5MSeed–Animoca Brands
Valuation history
DateValuationStage
Oct 2021$3Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3B (Oct 2021). 29 investors in total: 25 institutional and 4 angel.

Investors in Sky Mavis

Sky Mavis has secured backing from 29 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Binance, Consensys and Animoca Brands.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
a16z.com
Venture capital investments are directed toward crypto-assets and Web3 businesses.
paradigm.xyzSan Francisco, United States
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Venture capital and acceleration are provided to tech startups.
500.coHo Chi Minh City, Vietnam
Venture capital is invested in the cryptocurrencies sector.
standardcrypto.vcSan Francisco, United States
Blockchain and decentralized networks are targeted for venture capital investments.
fabric.vcLuxembourg, Luxembourg
Venture capital fund investing in early-stage tech startups
samsungnext.comBerlin, Germany
Early-stage blockchain investments are managed by Libertus Capital.
libertuscapital.comLondon, United Kingdom
Early-stage crypto projects in culture and consumer tech are funded.
collabcurrency.comEugene, United States
Cryptocurrency and digital asset investments are managed by the firm.
2017blocktower.comNew York, United States
Premium access

Investor details for Sky Mavis

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Ironsource India Private Limited (Sky Mavis)

Ironsource India Private Limited is the primary company behind Sky Mavis. The board of Ironsource India Private Limited currently have 4 directors; the longest-serving is Nora Sen Go, appointed in 2024. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nora Sen Go
DIN 10531941
Director04 Mar 20242 yrs 7 moIronsource India Private Limited
Bhagavant Bedi
DIN 08005696
Director21 Nov 20241 yr 11 moIronsource India Private Limited
Jasmine De Layton
DIN 10792925
Director08 Jul 20251 yr 3 moIronsource India Private Limited
Shridhar Subbaraman Iyer
DIN 07151577
Director30 Oct 202511 moIronsource India Private Limited

People of Sky Mavis

36 people are tracked at Sky Mavis (8 in leadership, 28 in team); the tracked headcount is 124.

NameRoleGroup
Aleksander Leonard Larsen
Co-Founder & COOLeadership
Trung Nguyen
Co-Founder & CEOLeadership
Jeffrey Zirlin
Co-FounderLeadership
Scott Lee
Head Of ProductLeadership
Viet Anh Ho
CTOLeadership
Ellen Gormley
Chief Human Resources OfficerLeadership
Quy Dau
Head, RoninLeadership
Nguyen T.
Head Of SecurityLeadership
Melissa Sagstad
Office Manager & C Level Executive AssistantTeam
Hanna Gulbrandsen
Community Protection LeadTeam
Diep Nhut Phuong
Product DesignerTeam
Linh (Kaitlyn) Nguyen
Talent EngagementTeam
Uyen Nguyen Ngoc Hoang
Performance Marketing ManagerTeam
Thu Dang
Product OperationsTeam
Huy Huỳnh
Smart Contract EngineerTeam
Young Park
Corporate ParalegalTeam
Dinh Lê Thành
Security EngineerTeam
Thanh Đặng
Game DesignerTeam
James Nguyen
General CounselTeam
Sang Tran Phuoc
Tech POCTeam

16 more people are available in the full profile.

Premium access

Complete people profiles for Sky Mavis

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Sky Mavis

Figures of Ironsource India Private Limited, the primary company behind Sky Mavis, for FY 2025. Revenue was ₹21.75 Cr (+206% year on year). Net profit was ₹3.79 Cr (17% margin). EBITDA was ₹5.88 Cr (27% margin). Revenue has grown at a compounded annual rate of +87% over three years and +59% over five years.

  • ₹21.75 CrRevenue · FY 2025 · +206% YoY
  • ₹3.79 CrNet profit · 17% margin
  • ₹5.88 CrEBITDA · 27% margin
  • ₹1 LakhPaid-up capital
  • 21Employees (provident fund records)
  • +87%Revenue CAGR, 3 years
  • +59%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ironsource India Private Limited are on its company page.

Premium access

Detailed financial statements for Sky Mavis

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Sky Mavis

4 dated milestones of Sky Mavis across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sky Mavis is founded.
  2. Funding First funding round of $1.5M.
  3. Milestone Reaches Unicorn status.
  4. Funding Latest funding round, Series B, of $150.0M.

Web traffic of Sky Mavis

The website of Sky Mavis (skymavis.com) receives about 97K visits a month.

  • Monthly visits
    97K

    ▼ 30.5% vs previous month

Similar websites

Websites whose visitors overlap most with Sky Mavis. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
roninchain.com
100%
770.2K#42,208View details
drpc.org
90%
64.6K#514,189View details
dappradar.com
90%
365.3K#113,566View details
chainstack.com
90%
120.9K#262,817View details
coingecko.com
71%
17.7M#3,383View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 10 similar websites and full traffic analytics for Sky Mavis

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 10 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Sky Mavis

Premium access

Complete news archive for Sky Mavis

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.

Frequently Asked Questions about Sky Mavis

Sky Mavis was founded in 2019.

Sky Mavis is headquartered in Singapore, Singapore. It is registered at Singapore, Singapore, Singapore.

Trung Nguyen is the CEO of Sky Mavis, as recorded in our data. They have also founded this company.

Sky Mavis is a funded company, having raised a total of $311M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Nov 2019.

Sky Mavis has 124 employees.

The primary company behind Sky Mavis, Ironsource India Private Limited, reported revenue of β‚Ή21.75 Cr for FY 2025, up 206% year on year.

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 offers Axie Infinity, Ronin, and Mavis Ecosystem.

Sky Mavis has 29 investors. Key investors include Binance, Consensys, Animoca Brands, FTX, and Accel.

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

Sky Mavis operates through Ironsource India Private Limited.

The legal entities of Sky Mavis currently have 4 directors, including Nora Sen Go, Bhagavant Bedi, Shridhar Subbaraman Iyer and others.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available