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- NZXT
NZXT Funding, Investors & Competitors
NZXT has raised $103M across 2 funding rounds, most recently a $3M seed round in August 2025.
Last NZXT funding round
$3M
Seed · Aug 2025
Cumulative funding NZXT raised
$103M
across 2 funding rounds
Key investors in NZXT
Francisco Partners
Kevin Lin
James Park
Patrick Lee
James Lin
Eddie Hartman
Kevin Ma
Vanessa Dew
About NZXT
NZXT is a Los Angeles-headquartered designer of PC gaming hardware sold worldwide. Founded in 2007, it produces cases like the H series with Aer RGB fans, power supplies up to 1000W, and Kraken liquid coolers. NZXT's CAM software monitors CPU/GPU temps and integrates cloud syncing. The company ships to 50 countries, partnering with Intel and AMD for prebuilt PCs like the Player series.
Founded
2004
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales, Subscription
NZXT Funding History
NZXT has raised a total of $103M across 2 funding rounds.
NZXT's first fundraising round was a $100M Series A in December 2021. The most recent completed round was a $3M seed round in August 2025.
NZXT funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Aug 2025 | Seed | - | $3M | NZXT is an American computer hardware manufacturer based in City of Industry, California, specializing in PC cases, components, and accessories for the gaming market. The company raised $100 million in a Private Equity round on December 3, 2021, led by Francisco Partners with participation from individual investors including Eddie Hartman, James Lin, James Park, Kevin Lin, Kevin Ma, Michael Chen, Patrick Lee, and Vanessa Dew. The 2021 funding supported strategic expansion amid component shortages for gaming PCs. A smaller Unattributed round of $3.1 million occurred on August 4, 2025. |
| Dec 2021 | Series A | Francisco Partners (lead); James Lin; Vanessa Dew; James Park; Michael Chen; Kevin Ma; Kevin Lin; Eddie Hartman; Patrick Lee | $100M | NZXT, a leader in PC gaming hardware and services based in City of Industry, CA, secured its first-ever strategic investment of approximately $100 million led by Francisco Partners on December 8, 2021. The investment included participation from investors such as Eddie Hartman, James Lin, James Park, Kevin Lin, Kevin Ma, Michael Chen, Patrick Lee, and Vanessa Dew. This was described as a minority investment and private equity round, with founder Johnny Hou remaining the majority shareholder and retaining control of operations. Alan Ni from Francisco Partners joined NZXT’s Board of Directors. The funding aims to support NZXT's expansion by hiring more senior talent, entering new hardware categories, growing direct-to-consumer sales in additional global markets, investing in the gaming community, and strengthening the NZXT brand. Francisco Partners highlighted NZXT's position as an innovator making PC gaming more accessible under Johnny Hou’s leadership. |
Who has invested in NZXT?
9 investors have backed NZXT across its funding rounds, including Francisco Partners, Kevin Lin, James Park, Patrick Lee, James Lin and Eddie Hartman.
Lead investors include Francisco Partners.
NZXT Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
This data is available for Pro users. Sign up to see all 9 NZXT 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 NZXT
NZXT has acquired 1 company to date.
Last acquisition by NZXT was on July 31st 2018. NZXT acquired Forge for undisclosed valuation.
Latest Acquisitions by NZXT
| Description | Forge is a gaming rewards platform where players earn points and badges for achievements across titles like League of Legends and Valorant. Headquartered in the United States, it tracks stats via API integrations with Riot Games and Blizzard, redeeming rewards through partnerships with brands for in-game items and merchandise. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 31 Jul 2018 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all NZXT acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by NZXT
NZXT has invested in 2 companies to date.
Latest investment by NZXT was on June 14th 2018. NZXT invested in ProGuides in their $2M Pre-seed round.
Latest Investments by NZXT
| Description | ProGuides is an online platform offering gaming coaching and educational courses for competitive players. It features over 60 courses with more than 1,000 lessons from professional esports athletes in titles like Fortnite, League of Legends, Hearthstone, Counter-Strike: Global Offensive, Super Smash Bros. Ultimate, Magic: The Gathering Arena, and Overwatch. Users access on-demand video content and live coaching sessions to improve skills. | Forge is a gaming rewards platform where players earn points and badges for achievements across titles like League of Legends and Valorant. Headquartered in the United States, it tracks stats via API integrations with Riot Games and Blizzard, redeeming rewards through partnerships with brands for in-game items and merchandise. |
| HQ Country | ||
| HQ City | Los Angeles, CA | San Francisco, CA |
| Deal Date | 14 Jun 2018 | 9 Jun 2016 |
| Round | Pre-seed | Series A |
| Raised | $2M | $5M |
| Investors | Amplify.LA; Brendan Rogers; GFR Fund; GC VR Gaming Tracker Fund; Quest Venture Partners | WME Ventures; Social Capital; True Ventures; Resolute Ventures |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all NZXT investments and their VC round multiples. Start Free Trial | ||
NZXT Competitors
NZXT competitors include listed companies like Dell, Apple, Alphabet and Microsoft, and private ones like Grammarly and Notion.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $114B | $12B | $374B | 2.4x | ||
| Publicly listed | $416B | $144B | $4.9T | 10.4x | ||
| Publicly listed | $403B | $176B | $4.2T | 8.7x | ||
| Publicly listed | $332B | $205B | $3.7T | 10.7x | ||
| Private | $700M | - | $13B | 18.6x | ||
| Private | $600M | - | $11B | 18.3x |
NZXT Public Comps
NZXT is still privately-owned, but its public comps include Apple, Alphabet, Microsoft, Samsung, Cisco, Dell, IBM, KLA, Salesforce and Foxconn Industrial Internet.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $416B | $144B | 11.9x | 10.4x | 34.2x | 29.4x | |||
| $403B | $176B | 10.2x | 8.7x | 23.3x | 19.0x | |||
| $332B | $205B | 11.1x | 10.7x | 18.0x | 17.5x | |||
| $243B | $67B | 4.4x | 2.4x | 15.8x | 4.4x | |||
| $63B | $19B | 7.1x | 6.9x | 23.4x | 17.9x | |||
| $114B | $12B | 3.5x | 2.4x | 34.3x | 20.1x | |||
| $68B | $17B | 4.2x | 4.0x | 16.9x | 14.6x | |||
| $14B | $6.1B | 16.4x | 15.2x | 36.4x | 32.9x | |||
This data is available for Pro users. Sign up to see all NZXT competitors and their valuation data. Start Free Trial | ||||||||
Common questions about NZXT
| When was NZXT founded? | NZXT was founded in 2004. |
| Where is NZXT headquartered? | NZXT is headquartered in United States. |
| Is NZXT publicly listed? | No, NZXT is a private, VC-backed company. |
| How much funding has NZXT raised? | NZXT has raised $103M across 2 funding rounds. |
| What was NZXT's last funding round? | NZXT's last funding round was a $3M seed round in August 2025. |
| Who are NZXT's investors? | NZXT's investors include James Lin, Vanessa Dew, James Park, Michael Chen, Kevin Ma, Kevin Lin, Eddie Hartman, Francisco Partners and Patrick Lee. |
| Which companies are comparable to NZXT? | Companies comparable to NZXT include Dell, Apple, Alphabet, Microsoft, Grammarly and Notion. |
| How many companies has NZXT acquired? | NZXT has acquired 1 company, including Forge. |
| How many companies has NZXT invested in? | NZXT has invested in 2 companies, including ProGuides and Forge. |
| What was NZXT's last investment? | In June 2018, NZXT invested in ProGuides' $2M pre-seed round alongside Amplify.LA, Brendan Rogers, GFR Fund and 2 other investors. |
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