Gala Games Valuation, Funding & Investors

Gala Games is valued at $1.5B as of February 2021.

Last Gala Games valuation

$1.5B

Series A · Feb 2021

Last Gala Games funding round

$5M

Series A · Feb 2021

Cumulative funding Gala Games raised

$5M

across 1 funding round

Gala Games Overview

About Gala Games

Gala Games is a blockchain gaming platform that enables players to own and trade non-fungible tokens representing in-game assets. Headquartered in Salt Lake City, Utah, the company launched its proprietary GalaChain blockchain in 2023 to support decentralized applications and games such as Mirandus, Casino Quest, and Legends Reborn. Gala Games operates the largest node network in Web3 gaming, with over 100,000 nodes worldwide. Its ecosystem includes the GALA utility token used for transactions, governance, and rewards across titles developed by studios like Acquired Space and Mythical Games partnership.


Founded

2018

HQ

United StatesSalt Lake City, UT

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$1.5B (Feb 2021)

Gala Games Valuation

Gala Games is currently valued at $1.5B, based on its Series A in February 2021.

Gala Games valuation by funding round

Gala Games valuation by funding round
DateStageValuation
Feb 2021Series A$1.5B

Gala Games Funding History

Gala Games has raised a total of $5M across 1 funding round.

Gala Games funding rounds

Gala Games funding rounds
DateStageRaisedValuationDeal Summary
Feb 2021Series A$5M$1.5BGala Games, a blockchain gaming ecosystem founded in 2019 and headquartered in Las Vegas, NV, raised $100M in a Series A funding round led by C² Ventures, achieving a $1.5B valuation. The company plans to use the funds to accelerate product development, expand its team, and scale operations globally. With over 150 employees, Gala Games operates in the gaming category, enabling players to own in-game items and NFTs in a decentralized ecosystem. The platform features games such as Townstar, Spider Tanks, and Town Crush, along with NFT collectibles like VOX, and has partnerships with brands including AMC’s The Walking Dead, Under Armour, and Frank Miller.

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Acquisitions by Gala Games

Gala Games has acquired 1 company to date.

Last acquisition by Gala Games was on January 10th 2023. Gala Games acquired Ember Entertainment for undisclosed valuation.


Latest Acquisitions by Gala Games

Ember Entertainment
Description
Ember Entertainment is a Seattle-based independent game developer specializing in mobile hardcore titles. It released Empire Z, a zombie survival strategy game with millions of installs on iOS, Android, and Mac App Store. Other titles include Stormy and Dungeon Raid sequels. Founded in 2010, the studio ports games to multiple platforms.
HQ CountryUnited States
HQ City
Seattle, WA
Deal Date10 Jan 2023
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Investments by Gala Games

Gala Games has invested in 1 company to date.

Latest investment by Gala Games was on August 13th 2025. Gala Games invested in Shrapnel in their $20M Undisclosed stage round.


Latest Investments by Gala Games

Shrapnel
Description
Shrapnel is a blockchain-powered first-person shooter game built on the Avalanche network, featuring player-owned assets and procedural maps generated from satellite data. Seattle-based, it supports team-based tactical combat with extract modes and weapon customization. The game integrates NFTs for in-game items and land ownership influencing gameplay dynamics. Shrapnel partners with Epic Games for Unreal Engine development and hosts esports tournaments worldwide.
HQ CountryUnited States
HQ City
Seattle, WA
Deal Date13 Aug 2025
RoundUndisclosed stage
Raised$20M
InvestorsGriffin Gaming Partners; Comma3 Ventures; Polychain
Valuation$1.1B
EV/Revenue
EV/EBITDA

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Gala Games Competitors

Gala Games competitors include listed companies like Securitize and Sharplink, and private ones like Sky Mavis, Mythical Games, Immutable Systems and 5ire.

Public and private companies comparable to Gala Games
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Sky MavisSingaporeSingaporePrivate$1.3B-$1.9B-
Mythical GamesUnited StatesLos Angeles, CAPrivate--$1B-
Immutable SystemsAustraliaSydneyPrivate--$2.5B-
5ireIndiaIndiaPrivate--$1.5B-
SecuritizeUnited StatesUnited StatesPublicly listed$62M($34M)$1.5B22.2x
SharplinkUnited StatesUnited StatesPublicly listed$28M($734M)$1.8B39.9x

Gala Games Public Comps

Gala Games is still privately-owned, but its public comps include PearlAbyss, Securitize, Hangzhou Shunwang Tech, Modern Times Group, Paradox Interactive, Shift Up, NHN Entertainment, Sharplink, OSL Group and Embracer Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
PearlAbyss$266M$6M3.9x2.3x187.1x5.4x
Securitize$62M($34M)25.5x22.2x(46.0x)(37910.8x)
Hangzhou Shunwang Tech$260M$80M5.7x6.8x18.6x20.0x
Modern Times Group$1.2B$210M1.7x1.6x9.4x6.7x
Paradox Interactive$224M$99M7.1x6.9x16.1x11.3x
Shift Up$214M$166M4.3x5.4x5.5x9.5x
NHN Entertainment$1.8B$176M0.6x0.6x6.5x5.4x
Sharplink$28M($734M)61.9x39.9x(2.4x)141.1x

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Common questions about Gala Games

When was Gala Games founded?Gala Games was founded in 2018.
Where is Gala Games headquartered?Gala Games is headquartered in Salt Lake City, UT, United States.
Is Gala Games publicly listed?No, Gala Games is a private company.
What is Gala Games' valuation?Gala Games was last valued at $1.5B in its Series A in February 2021.
How much funding has Gala Games raised?Gala Games has raised $5M across 1 funding round.
What was Gala Games' last funding round?Gala Games' last funding round was a $5M Series A in February 2021.
Which companies are comparable to Gala Games?Companies comparable to Gala Games include Sky Mavis, Mythical Games, Immutable Systems, 5ire, Securitize and Sharplink.
How many companies has Gala Games acquired?Gala Games has acquired 1 company, including Ember Entertainment.
How many companies has Gala Games invested in?Gala Games has invested in 1 company, including Shrapnel.
What was Gala Games' last investment?In August 2025, Gala Games invested in Shrapnel's $20M undisclosed-stage round alongside Griffin Gaming Partners, Comma3 Ventures and Polychain.

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