Phoenix Labs
Latest round
- Series C
Last raised
- Oct 2018
Total raised
- Undisclosed
Investors
- 7
About Phoenix Labs
Phoenix Labs Inc.Phoenix Labs Inc. was founded in 2014 in Vancouver, Canada. The company specializes in developing interactive games, with a notable focus on community-driven gameplay. The founders, Robin Mayne and Sean Bender, have previously engaged in game development prior to establishing Phoenix Labs. The company has undertaken four notable deals, with its most recent deal occurring on January 28, 2020, when Sea Limited acquired Phoenix Labs.Phoenix Labs specializes in the development and publishing of interactive games, with its flagship product being Dauntless™, a cooperative action role-playing game that allows players to team up to hunt massive creatures known as Behemoths. Released in early access in 2018, Dauntless™ aims to provide players with immersive gameplay experiences that foster collaboration and community engagement. The game operates on a free-to-play model, enabling a wide range of players to access its content across various platforms, including PC, PlayStation, and Xbox. Phoenix Labs is committed to enhancing player engagement by regularly updating the game with new content and features, supporting its global player base, which spans North America, Europe, and Asia.Phoenix Labs generates revenue primarily through in-game purchases and microtransactions associated with Dauntless™, where players can acquire cosmetic items, seasonal passes, and other enhancements that enrich their gaming experience. The company adopts a direct-to-consumer model, facilitating transactions through its online platform, where players can make purchases directly within the game interface. Revenue streams include seasonal events and limited-time offers that incentivize purchases. Pricing structures reflect a variety of options catering to different player preferences, such as cosmetic packs or bundles that enhance gameplay.Phoenix Labs plans to leverage its recent acquisition by Sea Limited to enhance its product offerings and expand into new markets. The upcoming release of Faefarm is anticipated to diversify its gaming portfolio. The company aims to expand its reach within North America, Europe, and Asia by further engaging its player community and enhancing game content.
Who invested in Phoenix Labs
7 investors across 2 rounds
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Questions about Phoenix Labs
Who invested in Phoenix Labs?
Phoenix Labs has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Phoenix Labs raised?
Phoenix Labs has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Phoenix Labs last raise money?
Phoenix Labs's most recent round on record is a Series C, in Oct 2018.
What does Phoenix Labs do?
Phoenix Labs is a software company.
Where is Phoenix Labs headquartered?
Phoenix Labs is headquartered in Vancouver, Canada.
Which VCs invest in companies like Phoenix Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Phoenix Labs's stage. Their profiles are linked below.
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