# Pocket Gems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pocket-gems

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.pocketgems.com
- Total disclosed funding: $155M
- Latest round: Series C (May 10, 2017)
- Investors on record: 2

## About

Pocket Gems, Inc. is a mobile game development company focused on creating engaging gaming experiences through interactive storytelling and strategy games. Their innovative approach attracts a diverse audience of gamers.Pocket Gems, Inc. is a mobile game developer specializing in narrative-driven games. Founded in 2009, the company is headquartered in San Francisco, US. The founders, Daniel Terry and Harlan Crystal, established the company to innovate in mobile entertainment. Notably, in May 2017, Pocket Gems closed a Series C funding round of USD 90 mn led by Tencent Investment, which increased Tencent's stake in the company. To date, Pocket Gems has completed 4 deals, with a total funding of USD 90 mn and a current valuation of USD 600 mn.Pocket Gems is recognized for its development of mobile games, including popular titles like "Episode," where users create and share stories, and "War Dragons," which combines strategy with action gameplay. These offerings cater to players in North America and Europe, emphasizing immersive gameplay and regular community-driven updates to enhance user engagement.Pocket Gems generates revenue through in-app purchases and advertising in its mobile games. Key titles such as "Episode" and "War Dragons" monetize through premium content and virtual goods. The company employs a direct-to-consumer sales model, ensuring most transactions are processed within the gaming applications, supporting sustainable revenue amid the growing demand for mobile entertainment.Looking ahead, Pocket Gems plans to leverage its recent Series C funding of USD 90 mn to expand its game offerings and enhance user experience. The company is focused on developing new titles to attract a broader audience. As part of its growth strategy, Pocket Gems is targeting further expansion into international markets, particularly in Asia, by 2025, capitalizing on the region's growing mobile gaming trend.

## Funding rounds

- Series C, May 10, 2017, $90M — Tencent Investment
- Series B, May 13, 2015, $60M — Tencent Investment
- Series A, Jul 16, 2010, $5M — Hong Shan

## Investors

- Hong Shan — Series A
- Tencent Investment — Series B, Series C