- Companies
- Kabam
Last Kabam valuation
$1B
Series E · Jul 2014
Last Kabam funding round
$120M
Series E · Jul 2014
Cumulative funding Kabam raised
$120M
across 1 funding round
Key investors in Kabam
About Kabam
Kabam is a San Francisco-headquartered entertainment company building free-to-play games for mobile and web platforms. The studio produces social, strategy, action, arcade, sports, and role-playing titles such as The Hobbit: Kingdoms of Middle-earth. With offices in Los Angeles, Austin, Vancouver, Beijing, London, and Berlin, Kabam reached over 100 million players before its 2017 acquisition by Netmarble.
Founded
2006
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales, Advertising
Valuation
$1B (Jul 2014)
Kabam Valuation
Kabam is currently valued at $1B, based on its Series E in July 2014.
The $120M round was led by Alibaba Group.
Kabam valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2014 | Series E | $1B |
Kabam Funding History
Kabam has raised a total of $120M across 1 funding round.
Kabam funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2014 | Series E | Alibaba Group (lead) | $120M | $1B | Kabam is a San Francisco-based mobile games developer that gained significant visibility through a major investment from Alibaba Group in July 2014. The company had developed a portfolio of popular mobile games that attracted the interest of the Chinese e-commerce and digital entertainment giant. Under the investment agreement, approximately 10 of Kabam's mobile games were set to be published and distributed across Alibaba's gaming platforms, including Taobao Mobile and the social messaging application Laiwang, over a three-year period. The $120 million investment valued Kabam at more than $1 billion, reflecting strong investor confidence in the mobile gaming sector and Kabam's market position. The deal was announced at ChinaJoy, the major annual digital entertainment expo and conference held in Shanghai, as Alibaba sought to expand its presence in the fast-growing mobile games market on mainland China, competing in a sector dominated by Tencent Holdings. |
Who has invested in Kabam?
1 investor has backed Kabam across its funding rounds, including Alibaba Group.
Lead investors include Alibaba Group.
Kabam Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Kabam investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Kabam
Kabam has acquired 5 companies to date.
Last acquisition by Kabam was on March 25th 2019. Kabam acquired Riposte Games & Co for undisclosed valuation.
Latest Acquisitions by Kabam
| Description | Riposte Games & Co is a Bristol-based studio developing cross-platform midcore titles for iOS, Android, and Windows PC. Known for strategy and action games like Thunder Fleet and Kings of War, the company releases quarterly updates and expansions. Riposte distributes via Steam and app stores, reaching 500,000 downloads. | Superweapon is a U.S.-based indie game studio developing cross-platform action-strategy titles. Its debut game Dawn of Steel launched in 2014 on iOS, Android, and Windows Store, featuring real-time PvP battles with base building and unit control. Composed of industry veterans, the studio releases regular updates and expansions. | TapZen is a mobile game studio with offices in Los Angeles and San Francisco that develops titles emphasizing accessibility, depth, and player engagement. Founded in 2012, it prioritizes community feedback in crafting experiences for iOS and Android devices. | Phoenix Age is a San Francisco-headquartered game developer focused on social and mobile titles for Facebook and iOS. Its flagship Castle Age attracts players with text-based fantasy role-playing featuring hero battles and guild systems. | |
| HQ Country | |||||
| HQ City | Montreal | Los Angeles, CA | Los Angeles, CA | San Francisco, CA | |
| Deal Date | 25 Mar 2019 | 26 May 2016 | 13 Jan 2015 | 10 Mar 2014 | |
| Valuation | undisclosed | undisclosed | undisclosed | $90M | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Kabam acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Investments by Kabam
Kabam has invested in 1 company to date.
Latest investment by Kabam was on September 8th 2021. Kabam invested in Jam City in their $350M Undisclosed stage round.
Latest Investments by Kabam
| Description | Jam City is a Los Angeles-headquartered developer of free-to-play mobile games including Cookie Jam, Panda Pop, Harry Potter: Hogwarts Mystery, and Disney Emoji Blitz. The company partners with Hollywood brands such as Warner Bros., Marvel, and Family Guy to produce narrative-driven titles. Jam City maintains studios in Los Angeles, San Francisco, San Diego, Bogotá, and Buenos Aires. Cookie Jam earned Facebook Game of the Year recognition. Founded in 2009, Jam City focuses on social gaming franchises downloaded across global platforms. |
| HQ Country | |
| HQ City | Los Angeles, CA |
| Deal Date | 8 Sep 2021 |
| Round | Undisclosed stage |
| Raised | $350M |
| Investors | Netmarble; Fortress Investment Group |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Kabam investments and their VC round multiples. Start Free Trial | |
Kabam Competitors
Kabam competitors include listed companies like MNC Digital Entertainment and Playtika, and private ones like Pocket Gems, Theorycraft Games, Mythical Games and Playco.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $200M | - | $600M | 3.0x | ||
| Private | - | - | $390M | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $216M | $73M | $1B | - | ||
| Publicly listed | $2.8B | $180M | $881M | 1.1x |
Kabam Public Comps
Kabam is still privately-owned, but its public comps include Xun You Network, Sinclair, Saregama India, Shochiku, China Television Media, MNC Digital Entertainment, ProSiebenSat.1 Media, JYP Entertainment, Angel Studios and Bona Film Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $43M | $4M | 21.0x | - | 214.7x | - | |||
| $3.2B | $491M | 1.4x | 1.3x | 9.2x | 6.7x | |||
| $100M | $36M | 9.7x | 8.6x | 26.8x | 24.6x | |||
| $632M | $80M | 2.0x | 2.1x | 16.2x | 19.4x | |||
| $155M | $9M | 5.8x | - | 97.8x | - | |||
| $216M | $73M | 4.7x | - | 14.0x | - | |||
| $4.2B | ($22M) | 0.6x | 0.6x | (118.4x) | 5.8x | |||
| $598M | $175M | 1.1x | 1.1x | 3.8x | 5.4x | |||
This data is available for Pro users. Sign up to see all Kabam competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Kabam
| When was Kabam founded? | Kabam was founded in 2006. |
| Where is Kabam headquartered? | Kabam is headquartered in San Francisco, CA, United States. |
| Is Kabam publicly listed? | No, Kabam is a private, VC-backed company. |
| What is Kabam's valuation? | Kabam was last valued at $1B in its Series E in July 2014. |
| How much funding has Kabam raised? | Kabam has raised $120M across 1 funding round. |
| What was Kabam's last funding round? | Kabam's last funding round was a $120M Series E in July 2014, led by Alibaba Group. |
| Who are Kabam's investors? | Kabam's investors include Alibaba Group. |
| Which companies are comparable to Kabam? | Companies comparable to Kabam include Pocket Gems, Theorycraft Games, Mythical Games, Playco, MNC Digital Entertainment and Playtika. |
| How many companies has Kabam acquired? | Kabam has acquired 5 companies, including Riposte Games & Co, Superweapon, TapZen, Phoenix Age and Magic Pixel Games. |
| What was the largest acquisition by Kabam? | The $90M acquisition of Phoenix Age in March 2014 is the largest acquisition Kabam has made to date. |
| How many companies has Kabam invested in? | Kabam has invested in 1 company, including Jam City. |
| What was Kabam's last investment? | In September 2021, Kabam invested in Jam City's $350M undisclosed-stage round alongside Netmarble and Fortress Investment Group. |
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