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Panteon

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Creating the ultimate mobile gaming experience

Çankaya, TürkiyeFounded 2012Consumer Services
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Panteon

Based in Ankara, Turkey, Panteon is a mobile game developer established in 2012 at ODTU Teknokent. The company was founded by Ufuk Şahin, who brings extensive experience from the gaming industry, having developed browser-based strategy games as early as 2004. This background in strategy games has influenced the company's direction, particularly its move towards developing a 4X mobile strategy game.

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Panteon operates in the mobile gaming market, focusing on creating hyper-casual and mid-core games for both Android and iOS platforms. The company's business model primarily relies on in-app purchases and advertising revenue. A significant milestone for Panteon was securing a $10 million investment in 2021 from the founding partners of Teknasyon to finance a new 4X strategy game. This funding was intended to build a new team dedicated to the strategy genre while a separate team continues to produce hyper-casual titles. Subsequently, Teknasyon, a mobile technology company, acquired a 75% stake in Panteon, aiming to leverage its digital marketing expertise to expand Panteon's global reach.

The studio has produced a portfolio of games, including notable titles like "Home Restoration," which garnered over 50 million downloads, and "Trading Master 3D," which reached 30 million users within its first month. Another success, "100 Mystery Buttons," quickly topped the charts following the success of "Trading Master 3D". Their game "Raid Rush: Tower Defense TD" has shown strong performance, generating significant daily revenue from a combination of in-app purchases and ads. This title combines elements from other successful games but introduces its own mechanics, such as simultaneously building the road for enemies while selecting tower upgrades. Beyond entertainment, Panteon has also developed educational games and applications for Turkish government agencies.

Source: Dealroom company data

At a glance

Founded
2012
Headquarters
Çankaya, Türkiye
Sector
Consumer Services
Power Law
Colt$25–100M revenue

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Employees mapped 234 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 33 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
2 countries with
team presence
🇹🇷 Turkey98.9%
🇮🇹 Italy1.1%
2 countries shown
Web traffic by country
20K monthly visits
across markets
🇺🇸 United States45%
🇹🇷 Turkey28.5%
🇬🇧 United Kingdom15.5%
🏳️ Russian Federation5.5%
🇧🇷 Brazil2%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

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

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