# Thatgamecompany

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thatgamecompany

- Industry: Software
- Headquarters: Santa Monica, US
- Website: www.thatgamecompany.com
- Total disclosed funding: $189M
- Latest round: Series D (Dec 21, 2021)
- Investors on record: 6

## About

Thatgamecompany, Inc. is a game development studio dedicated to creating interactive experiences that emphasize emotional storytelling and human connection in gameplay.Founded in 2006 and headquartered in Santa Monica, California, Thatgamecompany, Inc. specializes in video game development. The company was founded by Jenova Chen, who previously worked on other gaming projects. In December 2021, Thatgamecompany raised USD 160 mn in Series D funding from investors including Sequoia Capital and TPG, bringing the total amount raised to USD 160 mn.Thatgamecompany specializes in creating engaging interactive entertainment, focusing on fostering human connection through gameplay. Their core product offerings include notable titles such as "Sky," "Journey," "Flower," and "Flow," each designed to provide immersive experiences that emphasize exploration, collaboration, and emotional storytelling. These games are available on various platforms, targeting a diverse audience, including casual gamers and those seeking deeper, meaningful interactions with their gaming environments. The company operates in multiple geographical markets, primarily focusing on North America, Europe, and parts of Asia, catering to players of all ages who are interested in innovative gameplay that transcends traditional gaming experiences.The revenue model for Thatgamecompany is primarily based on direct-to-consumer sales, with transactions facilitated through digital platforms such as app stores and gaming consoles. Customers purchase individual titles directly, often through one-time payments, which contributes to the company's overall financial performance. While specific pricing strategies for their flagship games may vary, they typically follow a structured approach, offering premium experiences that justify their pricing. The company may also engage in partnerships to promote their games through collaborative campaigns or events, enhancing their market visibility and potentially expanding their consumer base. Each game within their portfolio is designed to resonate with players, encouraging repeat engagement and fostering a loyal community around their products.In December 2021, Thatgamecompany, Inc. raised USD 160 mn in Series D venture funding, which will be used to further develop its infrastructure and expand its team. The company plans to focus on upcoming new product launches and is targeting expansion into new geographic markets, particularly in Europe and Asia, to reach a broader audience by 2023.

## Funding rounds

- Series D, Dec 21, 2021, $160M — Hong Shan, TPG
- Series C, Jul 9, 2019, $6M — Benchmark, Lakeview Capital Management, Sanren Capital
- Series C, Mar 1, 2017, $10M — Sanren Capital
- Series B, May 27, 2014, $7M — Capital Today
- Series A, Jun 14, 2012, $5.5M — Benchmark

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series C
- Capital Today (https://capitalatlas.ai/funds/capital-today) — Series B
- Sanren Capital (https://capitalatlas.ai/funds/sanren-capital) — Series C
- Lakeview Capital Management — Series C
- Hong Shan — Series D
- TPG (https://capitalatlas.ai/funds/tpg) — Series D