Scopely Acquisition, Valuation, Funding & Investors
Scopely was acquired by Savvy Games Group for $4.9B in April 2023, a 8.3x multiple on $590M of revenue.
Scopely acquisition price
$4.9B
Acquired by Savvy Games Group · Apr 2023
Scopely revenue at acquisition
$590M
Last twelve months · Apr 2023
Scopely revenue multiple at acquisition
8.3x
EV/Revenue · Apr 2023
Cumulative funding Scopely raised
$990M
across 6 funding rounds
About Scopely
Scopely is a Culver City, California-headquartered mobile game publisher operating franchises like Star Trek Fleet Command, MARVEL Strike Force, and Stumble Guys. It maintains studios in Barcelona, Dublin, Bangalore, and Shanghai, leveraging the Playgami platform for live-ops across 12 markets.
Founded
2011
HQ
Los Angeles, CAWebsite
Status
Acquired
Customer focus
B2C
Revenue model
Product sales
Revenue
$400M (Oct 2019)
Valuation
$3.3B (Oct 2020)
Scopely Acquisition
Scopely was acquired by Savvy Games Group for $4.9B on 5 April 2023.
The acquisition price implies a 8.3x revenue multiple on $590M of revenue.
Before the acquisition Scopely had raised $990M across 6 funding rounds.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 5 Apr 2023 | Strategic M&A | $4.9B | 8.3x |
Scopely Valuation
Scopely is currently valued at $3.3B, based on its Series E in October 2020.
The $340M round was led by NewView Capital and Wellington Management.
Scopely's valuation has grown 5.5x from $600M at its Series C in June 2017 to $3.3B in October 2020, across 4 priced rounds.
Scopely valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Oct 2020 | Series E | $3.3B | - |
| Oct 2019 | Series D | $1.7B | 4.3x |
| Jun 2018 | Series C | $710M | - |
| Jun 2017 | Series C | $600M | - |
Scopely Revenue
Scopely's latest recorded revenue is $400M, as of its Series D in October 2019. At a $1.7B valuation, that implies a 4.3x revenue multiple.
Scopely revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2019 | $400M | $1.7B | 4.3x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Scopely Funding History
Scopely has raised a total of $990M across 6 funding rounds.
Scopely's first fundraising round was a $35M Series A in November 2014. The most recent completed round was a $340M Series E in October 2020.
Scopely funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2020 | Series E | NewView Capital (lead); Wellington Management (lead) | $340M | $3.3B | Scopely is a California-based mobile game developer and publisher founded in 2011, headquartered in Culver City, that develops and acquires mobile gaming studios and intellectual properties. The company generates revenue through live operations, in-app purchases, and acquisitions of gaming studios and franchises. On October 28, 2020, Scopely closed its Series E funding round at a $3.3 billion post-money valuation, raising $340 million in capital. The round was led by Wellington Management and NewView Capital, with significant participation from institutional investors including TSG Consumer Partners, Canada Pension Plan Investment Board (CPPIB), BlackRock funds, Battery Ventures, Eldridge, Declaration Partners, Moore Strategic Ventures, Greycroft, Baillie Gifford, Sands Capital, Revolution Growth, and Highland Capital Partners. This round nearly doubled the company's $1.7–$1.9 billion valuation from March 2020, representing approximately 70% growth in a six-month period. According to Scopely co-CEO Javier Ferreira, the company demonstrated close to 100% year-over-year revenue growth and had become a significantly profitable business with a strong balance sheet. The capital was earmarked for studio acquisitions, user acquisition, and live-operations infrastructure, as Scopely had already announced three major acquisitions in 2020 (Genera Games/Cenjoy in October, PierPlay in April, and DIGIT Game Studios in 2019) and planned further M&A activity. The company employed approximately 950 people globally at the time of the round and was widely expected to pursue an initial public offering in 2021 or 2022. |
| Oct 2019 | Series D | NewView Capital (lead); Baillie Gifford; Revolution Growth; TCG; Advance; Sands Capital Ventures; Revolution; CPP Investments; Greycroft; BlackRock; Velvet Sea Ventures | $400M | $1.7B | Scopely is a Los Angeles-based mobile game development and publishing studio known for titles like Looney Tunes World of Mayhem and Star Trek Fleet Command, developed with acquired DIGIT Game Studios. The company had achieved over $1 billion in lifetime revenue prior to the October 2019 funding and maintained a track record of six consecutive mobile games each grossing $100 million or more in lifetime revenue. Its technology platform enables real-time adjustments to games based on player engagement data. In late October 2019, Scopely raised $200 million in a Series D round led by NewView Capital, with participation from investors including Baillie Gifford, BlackRock, CPP Investments, Greycroft, Revolution, Sands Capital Ventures, and others. The round valued the company at $1.7 billion post-money, more than doubling its prior valuation, and was intended to fuel accelerated acquisitions of game studios, new game development, international growth, and platform investments. At the time, Scopely reported more than $400 million in annualized revenue, driving investor interest from firms like NewView Capital, which highlighted the company's growth potential in mobile gaming. This 2019 round was part of Scopely's aggressive expansion strategy, including prior and subsequent financings such as a June 2018 Series C raise of $100 million and a March 2020 Series D extension of $200 million from Advance. The company continued scaling, reaching later valuations like $3.3 billion by October 2020 after a $340 million Series E, before being acquired in April 2023. Scopely's focus on live-ops infrastructure, user acquisition, and studio roll-ups positioned it competitively in the mobile gaming sector. |
| Jun 2018 | Series C | Greenspring Associates (lead); Horizons Ventures (lead); Arnold Schwarzenegger; Jon Schappert; Jim Gianopulos; Jimmy Iovine; Dave Dorman; BAM Ventures; Tom Staggs; Peter Chernin; Counterpart Advisors; Peter Guber | $100M | $710M | Scopely is a Culver City-based mobile game developer and publisher founded in 2011, known for titles like Monopoly Go! and developing a portfolio through organic growth and acquisitions. In June 2018, the company raised $100 million in its Series C round, led by Greenspring Associates and Horizons Ventures, with participation from investors including Arnold Schwarzenegger, BAM Ventures, Counterpart Advisors, Dave Dorman, Jim Gianopulos, Jimmy Iovine, Jon Schappert, Peter Chernin, Peter Guber, and Tom Staggs. The post-money valuation was $710 million according to dot.LA, or more than $700 million per BizJournals, funding expansion of the game portfolio and technology infrastructure. This 2018 round followed a $60 million Series C1 in 2017 led by Revolution Growth and a $55 million Series B in 2016 from Greycroft. Upfront Ventures, BAM Ventures, and M13 participated in the 2018 raise at the $710 million valuation, highlighting early Los Angeles investor support alongside seed backers like Greycroft, The Chernin Group, and TenOneTen Ventures from a $40 million post-money in 2012. Subsequent rounds showed rapid valuation growth: $400 million Series D in October 2019 at $1.9 billion, $340 million Series E in 2020 at $3.3 billion, reflecting acquisitions and stay-at-home economy boosts, culminating in a $998.5 million total raised by 2021. |
| Jun 2017 | Series C | Revolution Growth (lead); Greenspring Associates; Pritzker Group Venture Capital; Pario Ventures; Sands Capital Ventures; Revolution; Horizons Ventures; K2 Global; Cross Creek | $60M | $600M | Scopely, a Culver City-based mobile game producer, developer, and distributor, raised $60 million in a Series C funding round in June 2017, led by Revolution Growth with participation from Greenspring Associates, Sands Capital Ventures, Cross Creek Advisors, and Pritzker Group Venture Capital. Revolution Growth Managing Partner Donn Davis joined Scopely’s board. This round followed a $55 million Series B less than a year prior, bringing total equity funding to approximately $159-160 million. The company planned to use proceeds for strategic investments, commercial partnerships, acquisitions, and inorganic expansion while maintaining organic growth, having already achieved profitability. Scopely's platform promotes and monetizes mobile games, including in-house and third-party titles like The Walking Dead: Road to Survival, Wheel of Fortune Free Play, and WWE Champions. At the time, it reached over 125 million players globally. CEO Walter Driver highlighted the rapid follow-on financing as validation of momentum. Post-money valuation reached $600 million following this Series C. Subsequent rounds included a $100 million Series C2 in June 2018 from Greenspring Associates and Horizons Ventures, leading to much higher valuations like $1.9 billion in 2020 and plans for $3 billion later. |
| Jul 2016 | Series B | Highland Capital Partners; Pario Ventures; Sands Capital Ventures; Greycroft; Hedosophia; Elephant; Headline; Take-Two Interactive; Evolution Media | $55M | - | Scopely, a Los Angeles-based mobile gaming company, raised $55 million in a Series B funding round on July 26, 2016, led by Greycroft Growth Fund, with participation from Elephant Partners, Evolution Media Capital, Highland Capital Partners, Sands Capital Ventures, Take-Two Interactive, and others. This brought the company's total funding to $98.5 million. Scopely develops and publishes mobile games, offering tools for promoting and monetizing titles, some in-house and others from external studios. Key hits at the time included The Walking Dead: Road to Survival, with over 20 million installs, and Yahtzee with Buddies, both top-grossing on app stores. The company aimed to create premium mobile experiences across a network of developers, investing in existing titles and launching new ones like Breaking Bad: Empire Business and WWE Champions. |
| Nov 2014 | Series A | Evolution Media (lead); Highland Capital Partners (lead) | $35M | - | Scopely, a Los Angeles-based mobile gaming company founded in 2011, operates as a next-generation publisher with a platform for developing, distributing, and monetizing games both in-house and from third-party developers. The company announced a $35 million Series A funding round on November 13, 2014, led by Evolution Media Partners—a joint venture of Evolution Media Capital, TPG Growth, and Participant Media—and Highland Capital Partners, with participation from Knoll Ventures, Greycroft, The Chernin Group, Sands Capital Ventures, and Double M Capital. This followed a $8.5 million seed round in 2012, bringing total funding to $44 million. The funds were earmarked to scale Scopely's model of close collaboration with developers during development and soft launches, enabling big bets on high-performing games, expanding the games library, and pursuing Hollywood-infused titles leveraging intellectual properties from films, TV, and celebrities. Scopely had achieved success with four consecutive iOS games reaching #1 on the App Store and built a network of over 35 million players across its titles like Wordly, Dice with Buddies, and acquisitions such as Disco Bees. CEO Walter Driver highlighted tremendous 2014 business acceleration, including top talent hires, partnerships for tentpole products, and more than doubling the revenue run rate in the past six months, though no specific figures were disclosed. Rick Hess from Evolution Media Capital and Andy Hunt from Highland Capital joined the board. The backers praised Scopely's position in touchscreen entertainment, capital efficiency, and potential as a leading mobile games network amid rapid growth to over 100 employees. |
Who has invested in Scopely?
34 investors have backed Scopely across its funding rounds, including Sands Capital Ventures, Greycroft, Revolution, Horizons Ventures, Highland Capital Partners and Greenspring Associates.
Lead investors include NewView Capital, Wellington Management, Greenspring Associates, Horizons Ventures, Revolution Growth and 2 other investors.
Scopely Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Washington, DC | 3 | Participant | Jul 2016 | |
| Baltimore, MD | 2 | Lead | Jun 2017 | |
| United States | 2 | Lead | Jun 2017 | |
| Lexington, KY | 2 | Lead | Nov 2014 | |
| San Francisco, CA | 2 | Lead | Oct 2019 | |
 London | 2 | Participant | Jul 2016 | |
| Washington, DC | 2 | Participant | Jun 2017 | |
| New York City, NY | 2 | Participant | Jul 2016 | |
 Hong Kong | 2 | Lead | Jun 2017 | |
| Los Angeles, CA | 2 | Lead | Nov 2014 | |
| Edinburgh | 1 | Participant | Oct 2019 | |
| Boston, MA | 1 | Lead | Oct 2020 | |
| Chicago, IL | 1 | Participant | Jun 2017 | |
This data is available for Pro users. Sign up to see all 34 Scopely investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Scopely
Scopely has acquired 12 companies to date.
Last acquisition by Scopely was on February 19th 2026. Scopely acquired Loom Games for $1B.
Latest Acquisitions by Scopely
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Niantic (games unit) | |||||
| Description | Loom Games is a mobile studio crafting hybrid-casual puzzle games with innovative mechanics for broad player engagement. | Pokémon GO is a location-based augmented reality game developed by Niantic in partnership with The Pokémon Company and Nintendo. Players use smartphone GPS and cameras to discover, capture, and battle Pokémon overlaid on real-world environments. Launched worldwide on July 6, 2016, the game features events like GO Fest in Chicago and raids against legendary Pokémon such as Mewtwo. It integrates social elements through gyms, PokéStops tied to landmarks, and trading between friends. Available on iOS and Android, Pokémon GO supports over 800 Pokémon species across regions including Kanto, Johto, and Galar. The San Francisco-headquartered Niantic maintains servers for global play with features like Adventure Sync for step tracking. | - | Perfect World is a Beijing-headquartered developer and operator of online games since 2004, serving players in China, North America, Europe, Japan, South Korea, and Southeast Asia. Its portfolio features PC titles like Perfect World, Forsaken World, and Swordsman Online alongside mobile games such as Saint Seiya Mobile and DOTA2 operations in mainland China. | |
| HQ Country |  | | |  | |
| HQ City | - | San Francisco, CA | - | Beijing | |
| Deal Date | 19 Feb 2026 | 25 Mar 2025 | 12 Mar 2025 | 24 Dec 2024 | |
| Valuation | $1B | $3.5B | $3.5B | $35M | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Scopely acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Investments by Scopely
Scopely has invested in 3 companies to date.
Latest investment by Scopely was on July 1st 2026. Scopely invested in Studio AuKnow in their Strategic investment round.
Latest Investments by Scopely
| Description | Studio AuKnow is a game developer that produces video games and related media content across multiple formats for entertainment purposes. | Helika is a web3 analytics platform that aggregates data from Web2 sources, in-game activity, blockchain transactions, and social media for gaming studios and NFT projects. San Francisco-based, it serves clients including Yuga Labs and Treasure DAO by providing real-time community insights to boost user acquisition and retention. The service unifies disparate datasets into actionable dashboards for growth strategies in decentralized ecosystems. | Burlingame Studios is a Burlingame, California-based game development studio founded by alumni from Zynga and Playdom who specialize in casual mobile games. The team creates puzzle and simulation titles for iOS and Android platforms, drawing on experience from hits like FarmVille. Burlingame Studios operates from the San Francisco Bay Area, focusing on free-to-play models with in-app purchases and cross-platform play. |
| HQ Country |  |  | |
| HQ City | Tokyo | Toronto | San Francisco, CA |
| Deal Date | 1 Jul 2026 | 15 Feb 2024 | 10 Mar 2022 |
| Round | Strategic investment | Series A | Strategic investment |
| Raised | undisclosed | $8M | $20M |
| Investors | - | Sparkle Ventures; Pantera Capital; Marc Alloul; SciPlay Corporation; Damon Gura; Spencer Tucker; Sfermion; Diagram Ventures | - |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
This data is available for Pro users. Sign up to see all Scopely investments and their VC round multiples. Start Free Trial | |||
Scopely Competitors
Scopely competitors include listed companies like Bilibili and Nexstar Media Group, and private ones like Moon Active, Kabam, Beast Industries and Dream Sports.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Tel Aviv | Private | $1.5B | - | $5B | 3.3x | |
| China | Publicly listed | $4.5B | $464M | $6B | 0.8x | |
| San Francisco, CA | Private | - | - | $1B | - | |
| Greenville, SC | Private | $400M | - | $5B | - | |
 Mumbai | Private | $723M | - | $5B | 6.9x | |
| United States | Publicly listed | $4.9B | $1.3B | $5B | 2.4x |
Scopely Public Comps
Scopely is no longer listed, but its public comps include Nexstar Media Group, Enlight Media, Nippon Television, Talkweb Information Systems, HYBE, Kingnet Network, Oriental Pearl Group, RTL Group, Kingsoft and Toei Animation.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.9B | $1.3B | 3.4x | 2.4x | 12.6x | 6.8x | |||
| $602M | $299M | 7.4x | 12.6x | 14.9x | 27.0x | |||
| $3.1B | $620M | 1.2x | 1.1x | 5.9x | 7.6x | |||
| $473M | $27M | 9.7x | - | 168.4x | - | |||
| $1.9B | ($17M) | 2.5x | 1.6x | (287.1x) | 18.2x | |||
| $794M | $299M | 5.5x | 3.9x | 14.7x | 10.8x | |||
| $1.1B | $296M | 3.2x | 3.2x | 12.2x | 12.6x | |||
| $6.9B | $644M | 1.2x | 1.0x | 12.6x | 7.6x | |||
This data is available for Pro users. Sign up to see all Scopely competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Scopely
| When was Scopely founded? | Scopely was founded in 2011. |
| Where is Scopely headquartered? | Scopely is headquartered in Los Angeles, CA, United States. |
| Is Scopely publicly listed? | No, Scopely was acquired by Savvy Games Group in April 2023. |
| Who acquired Scopely? | Scopely was acquired by Savvy Games Group in April 2023. |
| How much was Scopely acquired for? | Scopely was acquired for $4.9B in April 2023, a 8.3x revenue multiple. |
| What is Scopely's valuation? | Scopely was last valued at $3.3B in its Series E in October 2020. |
| How much funding has Scopely raised? | Scopely has raised $990M across 6 funding rounds. |
| What was Scopely's last funding round? | Scopely's last funding round was a $340M Series E in October 2020, led by NewView Capital and Wellington Management. |
| Who are Scopely's investors? | Scopely's investors include Sands Capital Ventures, Greenspring Associates, Revolution Growth, Highland Capital Partners, NewView Capital, Pario Ventures, Revolution, Greycroft, Horizons Ventures, Evolution Media and 24 others. |
| What is Scopely's revenue? | Scopely's latest recorded revenue is $400M (October 2019). |
| What is Scopely's revenue multiple? | Scopely's latest valuation implies a 4.3x revenue multiple ($1.7B valuation on $400M of revenue). |
| Which companies are comparable to Scopely? | Companies comparable to Scopely include Moon Active, Bilibili, Kabam, Beast Industries, Dream Sports and Nexstar Media Group. |
| How many companies has Scopely acquired? | Scopely has acquired 12 companies, including Loom Games, Pokémon GO, Niantic (games unit), Perfect World and Tag Games. |
| What was the largest acquisition by Scopely? | The $3.5B acquisition of Pokémon GO in March 2025 is the largest acquisition Scopely has made to date. |
| How many companies has Scopely invested in? | Scopely has invested in 3 companies, including Studio AuKnow, Helika and Burlingame Studios. |
| What was Scopely's last investment? | In July 2026, Scopely invested in Studio AuKnow's strategic investment round. |
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