Epic Games

Epic Games

Develops games and provides development tools

About

Epic Games develops and publishes popular video games while also providing tools for other game developers. The company is known for hit games like "Fortnite," "Battle Breakers," and "Unreal Tournament," which are available on platforms such as iOS, Android, and PC. Their games cover various genres, offering engaging experiences for players. In addition to game development, Epic Games offers Epic Online Services, which include backend support and online multiplayer features to assist other developers in managing their games. This support helps the broader development community thrive. Epic Games generates revenue through game sales, in-game purchases, and subscription services like the Battle Pass in "Fortnite." They also license their Unreal Engine, a widely used game development tool. The company's goal is to create high-quality games and provide valuable resources to both gamers and developers, setting them apart from competitors.

Company Stage

Late Stage VC

Employees

10,001+

Industries

Consumer Software, Gaming

Total Funding

$8.4B

Headquarters

Cary, North Carolina

Founded

1991


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Simplify's Take

What believers are saying

  • Increased VR gaming interest boosts demand for Unreal Engine's advanced capabilities.
  • Cross-platform play popularity encourages developers to use Unreal Engine for versatile game development.
  • Cloud gaming expansion aligns with Epic Online Services' scalable backend solutions.

What critics are saying

  • Epic Games faces financial liabilities from a $72 million FTC refund settlement.
  • A $275 million fine for privacy violations may impact Epic Games' reputation and costs.
  • Ongoing legal battles with Google could lead to further financial and reputational damage.

What makes Epic Games unique

  • Epic Games offers Unreal Engine, a leading game engine for cross-platform development.
  • The company provides Epic Online Services, enhancing multiplayer and backend capabilities for developers.
  • Epic Games creates popular games like Fortnite, driving engagement with unique in-game content.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

Benefits

Health coverage - 100% of the premiums for both you and your dependents. Our coverage includes Medical, Dental, a Vision HRA, Long Term Disability, Life Insurance & a 401k with competitive match and profit share

Robust mental well-being programs & free therapy and coaching for employees & dependents

Unlimited PTO & sick time

Paid sabbatical

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