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POSSIBILITY SPACE

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Video game development studio that focuses on creating ambitious games with a strong emphasis on positive human experiences

New Orleans, United StatesFounded 2021Consumer Services
Valuation $100–250M Last recorded · 2021
Total funding $50–100M Disclosed equity funding
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About POSSIBILITY SPACE

Possibility Space is a forward-thinking game development studio founded in 2021 by Jeff Strain and a team of seasoned veterans from the game and media industries. The company operates as a distributed studio, meaning its developers work remotely from their preferred locations, supported by a robust system that ensures effective communication and collaboration. This unique setup allows Possibility Space to attract top talent from around the world, fostering a diverse and inclusive work environment.

The company focuses on creating high-quality, engaging games that resonate with players on a personal level. Possibility Space aims to blend the passionate craftsmanship and attention to detail typically found in indie games with the advanced technology and ambitious scope of larger titles. Their games are designed to offer genuine human experiences, setting them apart in a crowded market where players have more choices than ever before.

Possibility Space serves a broad range of clients, primarily targeting gamers who seek meaningful and immersive experiences. The company operates in the highly competitive video game market, which continues to grow as gaming becomes an increasingly popular form of entertainment.

The business model of Possibility Space revolves around developing and selling their own games. Revenue is generated through game sales, in-game purchases, and potentially through partnerships or licensing deals. By focusing on creating games that they themselves would want to play, the company aims to build a loyal customer base that appreciates their commitment to quality and innovation.

In summary, Possibility Space is a game development studio that combines the creative spirit of indie games with cutting-edge technology to deliver unique and engaging gaming experiences. Their distributed work model and inclusive culture enable them to attract and retain top talent, positioning them well in the competitive gaming market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
New Orleans, United States
Open positions
None listed
Dealroom signal
0.0/100
Industry
Gaming
Sector
Consumer Services
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDOther financing Oct 2021 $25M $100M Transcend Fund —
SEEDOther financing Apr 2021 $25M $100M Transcend Fund · Louisiana Economic Development —
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Investments and acquisitions

Capital deployed

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

Investors

2 investors on the cap table

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

Seed2 investors entered at this stage

  • Transcend Fund
  • Louisiana Economic Development
Team profiled 1 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
🇺🇸 United States · New Orleans HQ
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Market sentiment

Posts on X, past 7 days

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

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

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