# Believer Entertainment

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/believer-entertainment

- Industry: Software
- Headquarters: West Hollywood, US
- Website: www.believer.gg
- Total disclosed funding: $45M
- Latest round: Series A (Apr 3, 2023)
- Investors on record: 12

## About

Based in California, US, and founded in 2023, Believer Entertainment, Inc., aka The Believer Company, is a global games company that develops multi-player online games. The company was founded by its CEO, Michael Chow. In November 2022, the firm raised USD 25 million in Series A funding from investor Lightspeed Venture Partners, including 1Up Ventures, Andreessen Horowitz, Bitkraft Ventures, Cleveland Avenue, Riot Games, and The Tornante Company, valuing the company at USD 91.76 million post-money.

The company provides a studio called Believer to develop modern open-world games based on a unique intellectual property that caters to a diverse audience, from solo games to games played by a group. The firm creates games that players can play, share with others, and build communities around.

The organization plans to use the November 2022 funding to hire more staff.

## Funding rounds

- Series A, Apr 3, 2023, $20M — Lightspeed Venture Partners, Upfront, Andreessen Horowitz, The Tornante Company, Riot Games, Liberty Global Ventures, Alumni Ventures Group, Next Legacy Partners, BITKRAFT Ventures, Cleveland Avenue, 1Up Ventures, Villam Ventures
- Series A, Nov 7, 2022, $25M — Lightspeed Venture Partners, Andreessen Horowitz, The Tornante Company, Riot Games, BITKRAFT Ventures, Cleveland Avenue, 1Up Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- The Tornante Company (https://capitalatlas.ai/funds/the-tornante-company) — Series A
- Riot Games — Series A
- BITKRAFT Ventures (https://capitalatlas.ai/funds/bitkraft-ventures) — Series A
- Cleveland Avenue (https://capitalatlas.ai/funds/cleveland-avenue) — Series A
- 1Up Ventures (https://capitalatlas.ai/funds/1up-ventures) — Series A
- Upfront (https://capitalatlas.ai/funds/upfront) — Series A
- Liberty Global Ventures (https://capitalatlas.ai/funds/liberty-global-ventures) — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Next Legacy Partners (https://capitalatlas.ai/funds/next-legacy-partners) — Series A
- Villam Ventures (https://capitalatlas.ai/funds/villam-ventures) — Series A