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Team17

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Fully independent video game developer and owner of the world's first Games Label

Wakefield, United KingdomFounded 1990Consumer Services
Valuation $691M Market cap · 2026
Revenue $100–500M Latest reported FY
EBITDA $68M Latest reported FY

About Team17

Team17, a renowned name in the video game industry, was founded in December 1990 by Debbie Bestwick, Martyn Brown, and Michael Robinson. The company emerged from the collaboration of 17-Bit Software and Team 7, marking the beginning of a new era in game development and publishing.

Initially, Team17 focused on developing games for the Amiga, a popular home computer at the time. Their breakout success came with the release of the "Worms" franchise, which became a beloved classic and established Team17 as a key player in the gaming world.

In 2016, Team17 partnered with LDC, securing a £16.5 million investment to fuel its expansion. This strategic move set the stage for further growth and innovation. By 2018, Team17 had gone public with an IPO on the London Stock Exchange, raising £107.5 million. This milestone not only provided financial security but also positioned Team17 for future success.

In recent years, Team17 has expanded its portfolio through strategic acquisitions, including StoryToys in 2021 and Astragon in 2022. These acquisitions have allowed Team17 to diversify its offerings and strengthen its position in the global market.

Today, Team17 continues to thrive as a leading developer and publisher, known for its commitment to creativity and quality. The company's journey from a small team of passionate developers to a global powerhouse is a testament to its resilience and vision in the ever-evolving gaming industry.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1990
Headquarters
Wakefield, United Kingdom
Listing
IPO 2018
Sector
Consumer Services
Power Law
Thoroughbred$100M+ revenue

Investors

1 investor on the cap table

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

Series B and later1 investor entered at this stage

  • LDC
Employees mapped 176 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 15 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 Kingdom97%
🇦🇺 Australia1.5%
🇸🇪 Sweden0.8%
🇮🇪 Ireland0.8%
4 countries shown
Web traffic by country
210K monthly visits
across markets
🇮🇩 Indonesia13.5%
🇺🇸 United States11.7%
🇬🇧 United Kingdom5.2%
🏳️ Russian Federation3.4%
🇧🇷 Brazil3.2%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Team17 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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