KONG Studios
Latest round
- Series B
Last raised
- Sep 2021
Total raised
- $65M
Investors
- 2
About KONG Studios
KONG Studios, Inc.Founded in 2015 and headquartered in Seoul, South Korea, KONG Studios, Inc. is a mobile gaming company recognized for its flagship title, Guardian Tales. KONG Studios primarily offers mobile gaming products, with its flagship title being Guardian Tales, an adventure role-playing game (RPG) that launched globally in July 2020. The game engages players through immersive storylines, retro-style pixel graphics, and varied gameplay mechanics including puzzle solving, character collection, and combat systems. Guardian Tales operates under a free-to-play model, allowing users to download the game at no cost while offering in-game purchases for enhancements such as character costumes and weaponry. The game has garnered a wide user base, successfully launching in over 230 countries, including key markets in North America, Europe, China, and Japan.KONG Studios has achieved significant financial milestones, notably reaching over KRW 216 billion in global sales within a year of Guardian Tales' release. The company's revenue model primarily revolves around in-app purchases, allowing players to enhance their gaming experience through additional content and features. Transactions are conducted directly with consumers in a B2C model, where players can purchase virtual goods and currency directly through the game. Specific in-game offerings include character summons and customization options, with pricing structured around these transactions. The success of Guardian Tales has not only established a strong revenue stream for KONG Studios but has also laid the foundation for future expansion and product offerings within the mobile gaming space. The company is targeting expansion into Southeast Asia and Latin America, aiming to broaden its player base and enhance revenue streams through localized game offerings.
Who invested in KONG Studios
2 investors across 3 rounds
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Questions about KONG Studios
Who invested in KONG Studios?
KONG Studios has 2 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has KONG Studios raised?
KONG Studios has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did KONG Studios last raise money?
KONG Studios's most recent round on record is a Series B, in Sep 2021.
What does KONG Studios do?
KONG Studios is a software company.
Where is KONG Studios headquartered?
KONG Studios is headquartered in Seoul, South Korea.
Which VCs invest in companies like KONG Studios?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at KONG Studios's stage. Their profiles are linked below.
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