# Lightforge Games

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lightforge-games

- Industry: Software
- Headquarters: Cary, US
- Website: www.lightforge.gg
- Total disclosed funding: $12M
- Latest round: Series A (Feb 16, 2022)
- Investors on record: 7

## About

Lightforge Games Inc. is a game development studio specializing in innovative role-playing games (RPGs) that enhance interaction between players and creators.Founded in 2020 in Cary, US, Lightforge Games Inc. focuses on creating engaging RPGs that promote collaborative storytelling experiences. The company was co-founded by Dan Hertzka, Glenn Rane, and Matt Schembari, with Matt Schembari serving as CEO. In February 2022, Lightforge raised USD 7.000 mn in SERIES A funding led by BITKRAFT Ventures, with participation from Dune Ventures, Galaxy Digital, and NetEase.com, Inc., bringing the total amount raised to USD 7.000 mn and achieving a current valuation of USD 56.904 mn. The firm has completed two deals since its inception.Lightforge Games primarily focuses on developing innovative role-playing games (RPGs) that aim to redefine the interaction between creators and players. The studio’s core offerings are designed to facilitate collaborative storytelling experiences, allowing users to engage in narrative-driven gameplay that emphasizes creativity and community involvement. These products are targeted at a diverse audience of gaming enthusiasts who seek immersive RPG experiences that enable them to participate actively in the storytelling process. Lightforge Games is committed to fostering a culture of curiosity, which informs the design and functionality of its games. The company’s products aim to appeal to global markets, with a particular emphasis on North America and Europe, catering to the growing demand for engaging and interactive gaming experiences.Lightforge Games generates revenue through a combination of direct-to-consumer sales and potential partnerships with other entities in the gaming industry. While specific pricing structures are not detailed, typical transactions in the gaming sector may involve the purchase of game titles, expansions, or in-game content by individual users. The company’s business model includes options for one-time purchases or subscription-based models that provide ongoing access to new content and features. As the studio builds its reputation and product offerings, it may also explore collaborations with retailers, enabling broader distribution of its flagship products. The strategic focus on community-driven engagement and evolving gameplay experiences positions the company to capture a dedicated consumer base within the RPG market.Lightforge Games plans to utilize the USD 7.000 mn raised from the SERIES A funding round for the development of an unannounced RPG, enhancing their product lineup. The company aims to expand its market presence specifically in North America and Europe. With its focus on innovative gameplay and collaborative storytelling experiences, Lightforge is poised to strengthen its position in the RPG sector as it introduces new products.

## Funding rounds

- Series A, Feb 16, 2022, $7M — NetEase.com, Inc., BITKRAFT Ventures, Galaxy Asset Management, Dune Ventures
- Seed, May 12, 2021, $5M — Maveron, NetEase.com, Inc., Galaxy Asset Management, 1Up Ventures, Dreamhaven, Inc.

## Investors

- Maveron (https://capitalatlas.ai/funds/maveron) — Seed
- NetEase.com, Inc. — Seed, Series A
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed, Series A
- 1Up Ventures (https://capitalatlas.ai/funds/1up-ventures) — Seed
- Dreamhaven, Inc. — Seed
- BITKRAFT Ventures (https://capitalatlas.ai/funds/bitkraft-ventures) — Series A
- Dune Ventures (https://capitalatlas.ai/funds/dune-ventures) — Series A