Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

SHRAPNEL

Explore full profile

Building a AAA game built on blockchain for competitive play, creation and player ownership

Seattle, United StatesFounded 2021Consumer Services
Valuation $0–100M Latest valuation · 2025
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for SHRAPNEL and the history behind them.

About SHRAPNEL

Shrapnel is a pioneering startup based in Seattle, WA, specializing in the development of the SHRAPNEL game, the first AAA shooter game built on blockchain technology. This innovative game is designed to blend community engagement, creative content creation, and digital ownership, offering a unique experience in the gaming industry.

Read full description

Shrapnel primarily serves gamers who are looking for cutting-edge, immersive experiences and are interested in the benefits of blockchain technology. The company operates in the highly competitive video game market, specifically targeting the segment of players who appreciate high-quality, AAA titles and are open to new technological advancements in gaming.

The business model of Shrapnel revolves around leveraging blockchain to create a digital economy within the game. This means that players can own, trade, and sell in-game assets securely and transparently. By integrating blockchain, Shrapnel ensures that players have true ownership of their digital items, which can be a significant draw for the gaming community.

Shrapnel makes money through several revenue streams. These include the sale of the game itself, in-game purchases, and possibly transaction fees on trades within the game's digital economy. Additionally, the company may explore partnerships and sponsorships, given its innovative approach and the high-profile background of its team members.

The team behind Shrapnel is composed of experienced designers, producers, artists, and programmers who have previously worked on major entertainment franchises like HALO, Call of Duty, and Westworld. This world-class team brings a wealth of knowledge and expertise to the project, ensuring that the game meets the high standards expected of AAA titles.

In summary, Shrapnel is at the forefront of integrating blockchain technology into the gaming industry, offering a unique blend of competitive gameplay and digital asset ownership. The company is well-positioned to attract a dedicated player base and generate revenue through a combination of game sales, in-game purchases, and digital transactions.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Seattle, United States
Employees
31
Open positions
None listed
Dealroom signal
60.6/100
Industry
Gaming
Sector
Consumer Services
Client focus
b2b
Investment activity
1 company, latest Sep 2022
Capital deployed
$7M
Preferred round
EARLY VC

Latest news

Press, funding announcements and product moves mentioning SHRAPNEL.

See all news

Funding history

5 recorded events

1 token-sale event is listed separately and excluded from the company funding total.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Aug 2025 $20M $78M Polychain Capital · Griffin Gaming Partners · Gala Games
EARLY VCOther financing Oct 2023 $20M $80M Franklin Templeton Investments · Griffin Gaming Partners · Brevan Howard Asset Management · IOSG Ventures
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

SHRAPNEL website traffic

Latest recorded traffic for SHRAPNEL is 18K monthly website visits, down 61.7% over the last three months. SHRAPNEL's team declined 16.2% over the past year.

Latest monthly visits18K 3-month web change-61.7% 1-year team growth-16.2%
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

21 investors on the cap table

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

Series A7 investors entered at this stage

Series B and later2 investors entered at this stage

  • HBO
  • Gala Games

Other known investors12 additional known investors

  • Brian Lee
  • DeFiance Capital
  • Dennis Fong
  • Dragonfly Capital Partners
  • Jason Zhao
  • Keith Nunziata
  • Mechanism Capital
  • Overwolf
  • Sfermion
  • Spartan
  • Stephen Lim
  • Three Arrows Capital
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
7 countries with
team presence
🇺🇸 United States70.8%
🇵🇭 Philippines8.3%
🇦🇪 United Arab Emirates4.2%
🇳🇴 Norway4.2%
🇮🇳 India4.2%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

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

See SHRAPNEL’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.