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The Full List of 20 Gaming Unicorn Startups (2026)

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The gaming industry features 20 unicorn startups from around the world. These companies range from game developers to the communication platforms that support player communities.

Interactive entertainment company Epic Games leads the pack with a $23 billion valuation. Other companies like Dream Games have also grown quickly, reaching a $5 billion valuation since its 2019 founding.

Below is the full list of 20 Gaming unicorn startups at this time.

Top 10 Most Valuable Gaming Unicorns

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Epic Games develops blockbuster video games and the powerful Unreal Engine used by creators worldwide. They’re the creators of the global gaming phenomenon Fortnite, and their engine provides foundational tools for developers building immersive 3D content.

Valuation$23B (Joined October 2018)
HeadquartersCary, North Carolina, United States
Year Founded1991
FoundersMark Rein, Tim Sweeney
Funding Amount$7.9B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsQuiet Capital, Lightspeed Venture Partners, BlackRock, Franklin Templeton, ICONIQ Growth

Discord offers a communication platform where users can create communities through voice, video, and text chat. Originally gaining popularity within the gaming world, it has since expanded to host a wide variety of online groups.

Valuation$15B (Joined April 2018)
HeadquartersSan Francisco, California, United States
Year Founded2015
FoundersJ- C-, Stanislav Vishnevskiy
Funding Amount$995.4M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries I
Top InvestorsIndex Ventures, Benchmark, Franklin Templeton, General Catalyst, Accel

Moon Active creates popular mobile games for a global audience on iOS, Android, and Facebook. The studio is behind Coin Master, one of the world's most successful and highest-grossing mobile titles.

Valuation$5B (Joined January 2020)
HeadquartersTel Aviv, Tel Aviv, Israel
Year Founded2011
FoundersSamuel Albin
Funding Amount$425M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsRoy Oron, Andalusian Private Capital, Vintage Investment Partners, Insight Partners, Velo Partners

Dream Games creates high-quality mobile puzzle games that combine engaging gameplay with creative storytelling. Their breakout hit, Royal Match, quickly became one of the world's top-grossing mobile games.

Valuation$5B
HeadquartersIstanbul, Istanbul, Turkey
Year Founded2019
FoundersEren Sengul, Hakan Saglam, Ikbal Namli, Serdar Yilmaz, Soner Aydemir
Funding Amount$3B
Company SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsCVC Capital Partners, IVP, BlackRock, Balderton Capital, Index Ventures

Sorare runs a global fantasy football game where players buy, trade, and play with officially licensed digital cards. The platform uses blockchain technology to create these cards as verifiable digital collectibles, allowing users to manage their teams and compete in tournaments.

Valuation$4.3B (Joined September 2021)
HeadquartersParis, Ile-de-France, France
Year Founded2018
FoundersAdrien Montfort, Nicolas Julia
Funding Amount$739.2M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries B
Top InvestorsHeadline, Benchmark, Bessemer Venture Partners, Accel, IVP

Rec Room builds a cross-platform gaming universe where users can play and create games together. Their platform is recognized for fostering a global community and enabling user-generated content across VR, mobile, and console devices.

Valuation$4B (Joined March 2021)
HeadquartersSeattle, Washington, United States
Year Founded2016
FoundersBilal Orhan, Cameron Brown, Dan Kroymann, John Bevis, Josh Wehrly, Nick Fajt
Funding Amount$294M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries F
Top InvestorsFirst Round Capital, Madrona, Coatue, Sequoia Capital, Index Ventures

Improbable develops technology for creating interconnected virtual worlds and large-scale simulations. Their platform allows developers to build rich, persistent online experiences for thousands of users at once.

Valuation$3.36B (Joined May 2017)
HeadquartersLondon, England, United Kingdom
Year Founded2012
FoundersHerman Narula, Peter Lipka, Rob Whitehead
Funding Amount$853.9M
Company SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsLocalGlobe, CMT Digital, Temasek Holdings, Andreessen Horowitz, Amadeus Capital Partners

Immutable provides a comprehensive platform for developers to build and scale high-quality web3 games. Their technology powers mass-market games with features like zero gas fees for transactions and true ownership of in-game assets for players.

Valuation$3B
HeadquartersSydney, New South Wales, Australia
Year Founded2018
FoundersAlex Connolly, James Ferguson, Robbie Ferguson
Funding Amount$277.4M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsCMT Digital, Coinbase Ventures, Airtree Ventures, BACKED VC, Temasek Holdings

Games24x7 develops a portfolio of online skill-based games, including one of India's largest rummy platforms. They are best known for their popular titles RummyCircle and the fantasy sports app My11Circle.

Valuation$3B (Joined March 2022)
HeadquartersMumbai, Maharashtra, India
Year Founded2006
FoundersBhavin Pandya, Trivikraman Thampy
Funding Amount$75M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsTiger Global Management, Malabar Investment Advisors, The Raine Group, Das & Co.

Wildlife Studios develops and publishes a diverse portfolio of mobile games for a global audience. They are recognized for creating massive, competitive hits that connect millions of players worldwide.

Valuation$3B (Joined December 2019)
HeadquartersSão Paulo, Sao Paulo, Brazil
Year Founded2011
FoundersArthur Lazarte, Michael Mac-Vicar, Victor Lazarte
Funding Amount$260M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsHuman Capital, Bessemer Venture Partners, Benchmark, Base Partners, Upload Ventures

The Remaining 10 Gaming Unicorns

The biggest names in gaming are only part of a much larger picture. This next group of companies is truly global, with founders building from the United States to South Korea and India.

Combined, they have raised nearly $4 billion to build new worlds and experiences for players. Here’s a look at the other gaming unicorns making their mark.

Unicorn StartupCountryYear FoundedAmount RaisedValuation
Lionheart Studio logo Lionheart StudioSouth Korea2017$924.2M$3B
Mobile Premier League logo Mobile Premier LeagueIndia2018$390.5M$2.45B
Coda logo CodaSingapore2011$715.3M$2B
Underdog Fantasy logo Underdog FantasyUnited States2020$115M$1B
Mythical Games logo Mythical GamesUnited States2018$297M$1B
Moore Threads logo Moore ThreadsChina2020CN¥3.5B$1B
Playco logo PlaycoJapan2020$143.5M$1B
Forte logo ForteUnited States2019$910M$1B
Kong Studios, Inc. logo Kong Studios, Inc.United States2013$67.5M$1B
GeoComply logo GeoComplyCanada2011$1B

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