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Redemption Games

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Mobile casual and puzzle free-to-play games

Carlsbad, United StatesFounded 2015Consumer Services
Valuation $25–50M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Redemption Games and the history behind them.

About Redemption Games

Redemption Games is a mobile game development studio based in Carlsbad, California, founded in 2015 by Michael Witz and Dan Lin. The founders have a long history in the gaming industry, having previously co-founded Mob Science, which was acquired by Jam City. At Jam City, they were instrumental in the creation and success of the popular mobile game 'Cookie Jam', which has generated over $500 million.

The studio focuses on developing casual, free-to-play mobile games, with a notable success being 'Sweet Escapes'. This match-three puzzle game, which generated over $60 million in lifetime revenue, involves players solving puzzles to design and decorate bakeries and other shops. The company's business model is centered on in-app purchases within their free-to-play games. Redemption Games aims to create immersive experiences with engaging art and compelling gameplay.

The company has gone through several funding and structural changes. In 2018, it received a $5 million minority stake investment from Supercell. Subsequently, AppLovin made a strategic investment in 2020. In a significant move in March 2023, Redemption Games spun out of AppLovin to become an independent studio again, securing $7 million in a new funding round led by Play Ventures, with participation from Bitkraft and others. This brought the company's total funding to $12 million over three rounds.

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
Carlsbad, United States
Sector
Consumer Services

Investors

6 investors on the cap table

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

Series A5 investors entered at this stage

  • Supercell
  • Play Ventures
  • BITKRAFT Ventures
  • Merit Circle
  • Orange DAO

Series B and later1 investor entered at this stage

  • AppLovin
Team profiled 9 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
4 countries with
team presence
🇺🇸 United States80%
🇫🇮 Finland6.7%
🇬🇧 United Kingdom6.7%
🇧🇷 Brazil6.7%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Redemption Games 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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