1047 Games

1047 Games

Free-to-play FPS with portal-based combat

Overview

Splitgate is a free-to-play first-person shooter by 1047 Games that uses portal-based movement to add strategic mobility in arena-style battles. The game runs on multiple platforms, including PlayStation and PC, and targets competitive players, casual gamers, streamers, and tournaments worldwide. It monetizes through cosmetic in-game purchases that don’t affect balance, while data analytics guide player experience and growth with creator partnerships helping reach. Its goal is to grow a global, engaged community and sustain revenue by offering a balanced FPS with a unique portal mechanic.

Significant Headcount Growth

About 1047 Games

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

Industries

Data & Analytics

Consumer Software

Entertainment

Gaming

Company Size

51-200

Company Stage

Early VC

Total Funding

$110M

Headquarters

Zephyr Cove, Nevada

Founded

2016

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Simplify's Take

What believers are saying

  • Peer-to-peer support keeps both games playable after September 3, preserving community engagement.
  • September 2026 price cuts and a final Empulse map extend monetization and player acquisition.
  • Management is abandoning failed live-service spending, which frees talent for a different product strategy.

What critics are saying

  • On August 26, 2026, 1047 ended active development and dedicated servers for both shooters.
  • Revenue cannot cover server costs, forcing peer-to-peer play and undermining live-service economics.
  • Repeated 2025-2026 layoffs and relaunches signal fragility; another flop can kill the studio.

What makes 1047 Games unique

  • Portal combat still defines 1047 Games’ Splitgate shooting identity after 2026 pivots.
  • Cross-platform FPS releases on PlayStation, Xbox, and Windows broadened 1047’s reach.
  • The studio owns recognizable shooter IPs, Splitgate and Empulse, despite execution turbulence.

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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

Headcount

6 month growth

28%

1 year growth

28%

2 year growth

40%
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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