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1047 Games

Free-to-play FPS with portal-based combat

Overview

1047 Games develops Splitgate, a free-to-play FPS that blends arena shooting with portal-based movement. Players compete across platforms like PlayStation and PC in global matches. The game monetizes through cosmetic in-game purchases and uses data analytics and creator partnerships to grow its player base. Its edge versus competitors comes from portal-based movement that creates unique gameplay and a data-driven, creator-backed growth strategy to build a large, active community.

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About 1047 Games

Simplify's Rating
Why 1047 Games is rated
D+
Rated C on Competitive Edge
Rated D+ on Growth Potential
Rated D+ on Differentiation

Industries

Data & AnalyticsConsumer SoftwareEntertainmentGaming

Company Size

51-200

Company Stage

Early VC

Total Funding

$110M

Headquarters

Zephyr Cove, NV

Founded

2016

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What believers are saying

  • SteamDB listed Splitgate: Arena Reloaded at 22,000 reviews and 63% positive on November 5, 2026.
  • The July 2025 beta reset let 1047 rebuild progression, monetization, and maps.
  • Peer-to-peer support preserved playability after shutdown, keeping the franchise alive for loyal fans.

What critics are saying

  • 1047 shut Splitgate 2 dedicated servers on September 3, 2026, signaling terminal demand.
  • SteamCharts showed only 27 concurrent Splitgate 2 players on October 30, 2026.
  • Repeated layoffs in June and July 2025 exposed severe execution failures and shrinking runway.

What makes 1047 Games unique

  • Portal combat and arena shooter design still define 1047 Games’ gameplay identity.
  • Splitgate: Arena Reloaded fuses classic arena modes with battle royale, per SteamDB, 2026.
  • The studio owns a recognizable shooter IP built around portals, not generic gunplay.

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Funding

Total Funding

$110M

Above

Industry Average

Funded Over

3 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Benefits

  • Remote Work Options
  • Flexible Work Hours

Growth & Insights and Company News

6 month growth

5%

1 year growth

3%

2 year growth

3%
Of Zen and Computing
Jul 4th, 2025
Splitgate 2 Patch 1.2 Released: New Ranked Mode & Skins (July 2025)

Splitgate 2 patch 1.2 released: new ranked mode & skins (July 2025).

MMOBomb
Jun 6th, 2025
Summer Game Fest 2025: Splitgate 2 Launches With Battle Royale Mode

Summer Game Fest 2025: Splitgate 2 launches with battle royale mode.

GameRant
Feb 27th, 2025
Splitgate 2 Reveals New Glacier Map

As recently revealed in an exclusive video by GameSpot on Twitter, Splitgate 2 has introduced an expansive new glacier map.

Saving Content
Nov 4th, 2021
Splitgate launches major update to the online portal shooter

Creators of the summer smash hit Splitgate revealed a major update to the online portal shooter today as they rolled out a custom game option that allows players far more control over what kind of matches they want to play.

Gamers Decide
Oct 16th, 2021
Splitgate launches Splitgate Pro Series

Splitgate has announced a Splitgate Pro Series with a total prize pool of $100,000.

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