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Latitude

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Designed for player freedom and expression

Salt Lake City, United StatesFounded 2019Consumer Services
Valuation $0–100M Latest valuation · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
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About Latitude

Latitude is a Provo, Utah-based company, founded in 2019 by Nick Walton, that operates at the intersection of artificial intelligence and gaming. What began as a hackathon project for Walton has evolved into a platform for creating immersive, AI-driven gaming experiences. Walton, the company's CEO, has a background in deep learning, having worked with autonomous vehicle companies and in a research lab at Brigham Young University, which informed the company's direction.

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The firm's flagship product, AI Dungeon, is a text-based adventure game that leverages large language models, including early adoption of OpenAI's GPT-3, to generate dynamic and open-ended narratives. Unlike traditional games with pre-scripted paths, AI Dungeon allows players to input any action in natural language, and the AI Dungeon Master generates a response, creating a unique story with every playthrough. This model facilitates a high degree of player freedom and creativity, where stories can continue indefinitely. The game quickly gained traction after its launch, attracting over 100,000 players in its first week and surpassing one million players within six weeks, demonstrating a strong market appetite for AI-generated content.

Latitude's business model includes free-to-play options for its games, which are available on Android and iOS, with monetization occurring through in-app purchases. The company's vision extends beyond a single game; it aims to be a platform where developers and creators can build their own unique worlds and AI-powered role-playing games. This strategy positions Latitude not just as a game studio, but as an enabling platform for the next generation of interactive entertainment. To fuel this vision, Latitude secured $3.3 million in a seed funding round in February 2021, led by NFX with participation from Album VC and Griffin Gaming Partners.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Salt Lake City, United States
Employees
30
Open positions
None listed
Dealroom signal
84.9/100
Industry
Gaming, Media
Sector
Consumer Services, Core AI, Generative AI, genAI Applications
Technology
Artificial Intelligence, Machine Learning, Mobile app
Business model
SaaS
Client focus
b2b
Investment activity
8 companies, latest Aug 2026
Capital deployed
$551M
Preferred round
SERIES C

Latest news

Press, funding announcements and product moves mentioning Latitude.

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDEquity / VC Feb 2021 $3.3M $13M Album VC · NFX · Griffin Gaming Partners
OtherOther financing Jan 2020 $0 Undisclosed
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
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Growth signals

Latitude website traffic

Latest recorded traffic for Latitude is 120K monthly website visits, up 9.1% over the last three months. Latitude's team grew 11.1% over the past year.

Latest monthly visits120K 3-month web change+9.1% 1-year team growth+11.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States91.3%
🇦🇺 Australia4.3%
🇬🇧 United Kingdom4.3%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Latitude on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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