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Playgig

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A game developer that offers cross-platform free-to-play team battle games

El Segundo, United StatesFounded 2021Consumer Services
Valuation $50–100M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Playgig

Playgig is a game development studio established in Los Angeles in 2021 by Bruno Schirch, a former executive from Riot Games. Schirch, who previously headed esports and global publishing for the creators of 'League of Legends,' brings extensive industry experience to this new venture. His journey began in Brazil, and his career at Riot Games involved pioneering the games-as-a-service model and growing the 'League of Legends' audience to over 100 million players. He founded Playgig with the vision of making deeply engaging multiplayer games accessible to a broader global community.

The company operates as an AI-native game studio, integrating artificial intelligence into the core of its development process to enhance creativity and optimize gameplay. Playgig is focused on creating free-to-play, cross-platform games, allowing for a wide audience reach across various devices. The business model centers on building a long-lasting community where revenue is generated from players purchasing premium content related to lifestyle and self-expression, rather than focusing on innovating the business model itself. The studio has a fully remote and distributed team, leveraging a diversity of perspectives from industry veterans who have worked on titles like 'World of Warcraft' and 'Diablo III'.

Playgig's inaugural project is 'Mystic Kingdoms,' a team-based arena battle game set in a fantasy world. This first title is designed to be a cross-platform, free-to-play team battle game that will serve as the foundation for a larger multimedia universe. The studio has secured significant financial backing, raising approximately $10.8 million in a seed funding round in September 2022. This investment was led by March Capital and Aream & Co, with participation from other investors like Gaingels and Paramark Ventures, to expand its development team and accelerate product development.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
El Segundo, United States
Employees
13
Open positions
None listed
Dealroom signal
58.7/100
Industry
Gaming
Sub-industry
Console & PC Gaming
Sector
Consumer Services
Business model
SaaS
Client focus
b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDOther financing Nov 2022 $11M $43M March Capital Partners ↗
EARLY VCOther financing Sep 2021 $10M $41M Undisclosed ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Playgig website traffic

Latest recorded traffic for Playgig is 2.9K monthly website visits, up 192.9% over the last three months. Playgig's team declined 40.9% over the past year.

Latest monthly visits2.9K 3-month web change+192.9% 1-year team growth-40.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

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

Seed1 investor entered at this stage

  • March Capital Partners
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
4 countries with
team presence
🇺🇸 United States47.1%
🇧🇷 Brazil29.4%
🇮🇳 India17.6%
🇰🇷 South Korea5.9%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Playgig 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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