# Pragma Platform

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pragma-platform

- Industry: Software
- Headquarters: Culver City, US
- Website: www.pragma.gg/
- Total disclosed funding: $38M
- Latest round: Series B (Oct 27, 2021)
- Investors on record: 6

## About

Pragma Platform Inc., based in the US, provides a robust backend game engine, empowering developers to create, manage, and monetize online gaming experiences seamlessly.Founded in 2020, Pragma Platform Inc. operates out of Culver City, US, specializing in backend solutions for online games. The company has secured USD 12.75 mn in funding through several rounds, with its most recent deal occurring on March 11, 2025, involving investors such as Greylock Partners and Square Enix Holdings Co., Ltd. The company was co-founded by Brian Conyer, Chris Cobb, and Eden Chen, with Brian Conyer serving as CEO. Their expertise reflects a strong background in game development and software solutions.Pragma specializes in providing a comprehensive backend game engine designed for developers to create and manage online gaming experiences. The core offerings include a robust platform that facilitates end-to-end development across game clients, servers, and backends, eliminating reliance on third-party APIs. Key functionalities of Pragma’s engine encompass customizable matchmaking systems, server-authoritative inventory management, integrated monetization solutions, and live operations support with 24/7 monitoring. The platform allows studios to modify existing services and build game-specific microservices to meet unique design requirements. Pragma serves a diverse clientele, including major game studios across North America, Europe, and Asia, offering its solutions to developers creating multiplayer battle arenas, MMOs, shooters, and casual games.Pragma generates revenue through a subscription-based model tailored for game development studios and publishers, facilitating access to its backend engine and ongoing support services. Clients engage in business transactions primarily through annual subscriptions that provide comprehensive access to the platform’s features, including customizable tools for player accounts, matchmaking, and monetization. Revenue streams may also include partnerships with major gaming platforms for integrated monetization features. While specific pricing plans are not disclosed, the structure is designed to accommodate varying sizes of game studios, ensuring scalability and tailored solutions for both emerging developers and established firms in the gaming industry.In March 2025, Pragma Platform Inc. raised USD 12.75 mn in venture funding from returning investors Greylock Partners, Upfront Ventures, and Insight Partners, along with new investor Square Enix Holdings Co., Ltd. The funding will be utilized to enhance game studios’ access to reliable and adaptable backend infrastructure, support strategic M&A activity as necessary, and expand their live-service tool and service suite. Pragma aims to launch new products that further improve backend solutions, with specific plans to expand its market reach into Europe and Asia by the end of 2025, strengthening its position in the online gaming industry.

## Funding rounds

- Series B, Oct 27, 2021, $22M — Insight Partners, Upfront, Greylock Partners, Advancit Capital, Daher Capital, Overwolf Ltd.
- Series A, Apr 20, 2021, $12M — Upfront, Greylock Partners, Advancit Capital
- Seed, Mar 11, 2020, $4.2M — Upfront, Advancit Capital

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Seed, Series A, Series B
- Advancit Capital (https://capitalatlas.ai/funds/advancit-capital) — Seed, Series A, Series B
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series A, Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B
- Daher Capital — Series B
- Overwolf Ltd. — Series B