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Playgig
A game developer that offers cross-platform free-to-play team battle games
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 dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEEDOther financing | Nov 2022 | $11M | $43M | March Capital Partners | ↗ |
| EARLY VCOther financing | Sep 2021 | $10M | $41M | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
March Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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