Hi-Rez Studios

Hi-Rez Studios

Develops free-to-play competitive video games

About

Hi-Rez Studios develops free-to-play video games that are accessible to a wide audience. Their games, such as SMITE, Paladins, and Rogue Company, are available at no cost, with revenue generated through in-game purchases like cosmetic items and battle passes. This model allows players to enjoy the games without upfront costs while enhancing their experience through optional purchases. Hi-Rez Studios stands out from competitors by focusing on community engagement, regularly updating their games based on player feedback, and fostering active player communities. Their goal is to create enjoyable and competitive gaming experiences while maintaining a positive company culture and supporting charitable initiatives.

Company Stage

N/A

Employees

501-1,000

Industries

Gaming

Total Funding

N/A

Headquarters

Alpharetta, Georgia

Founded

2005


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Simplify's Take

What believers are saying

  • The announcement of SMITE 2, built on Unreal Engine 5, promises to attract significant player interest and potentially boost revenue through Founders Packs.
  • Hi-Rez Studios' positive company culture and employee benefits, such as wellness programs and retirement fund matching, make it an attractive workplace.
  • The company's commitment to continuous game updates and community-driven development ensures long-term player engagement and loyalty.

What critics are saying

  • The highly competitive video game market requires constant innovation to maintain player interest and market share.
  • The discontinuation of Rogue Company on Switch indicates potential challenges in maintaining cross-platform support.

What makes Hi-Rez Studios unique

  • Hi-Rez Studios excels in the free-to-play model, generating revenue through in-game purchases without compromising competitive balance, unlike many pay-to-win models.
  • Their strong emphasis on community feedback and involvement, through initiatives like Hi-Rez Expo and player councils, sets them apart in fostering player loyalty and engagement.
  • The company's diverse portfolio of popular titles, such as SMITE, Paladins, and Rogue Company, showcases their ability to create and sustain competitive gaming experiences across multiple genres.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

Benefits

Health Care - Every party needs a good healer. Hi-Rez makes sure you and your family have a great one. With lots of great, competitive options to help suit individual needs and lots of extra resources just a call away, we’ve got your back.

Competitive 401(k) - The tax-qualified, defined-contribution pension account defined in subsection 401(k) of the Internal Revenue Code sounds scary to even think about, but Hi-Rez makes adulting easy. We’ll help you invest in future you by matching retirement fund contributions, even if it seems a ways away.

Free lunch and snacks - We provide the fuel you need to get the job done with regularly catered on-site meals from a wide variety of tasty restaurants. For second breakfasts, elevenses or third afternoon snacks, there are a ton of healthy choices and sinfully tasty options in our on-site Marketplace.

Training Reimbursement - Working towards your career goals shouldn’t conflict with your job. We offer reimbursement for qualifying education and training programs, so you can prepare yourself for greater challenges, opportunities, and responsibilities within the company. Level up your abilities while working full-time. It's essentially an AFK idle game, but IRL. Basically git gud 4 free.

Maternity/Paternity Leave - The guardians need support. Hi-Rez Studios helps members of our work family take care of their families, offering 12 weeks of paid maternity leave and two weeks of paternity leave.

Dog/Tiny Human Care - No matter the species of your beloved children, we help give you peace of mind while you’re at work with discounted child and/or dog daycare at two top-notch facilities within walking distance of our office.

Paid Volunteer Time - We strive to give back to our community and we encourage our staff to do the same. Employees are allowed to take time off each year to participate in qualified charity work. Plus, the company will match qualified charitable contributions dollar-for-dollar up to $1,000 USD (or £750) per employee per calendar year.

All the Learning - Are you an artist? Take part in our monthly life drawing sessions, or study up with a free Gnomon Workshop subscription. Programmer? Check out our GDC Vault subscription. And no matter what your specialty is, you can learn more about how different departments within Hi-Rez Studios work at our monthly lunch-and-learns.

Buff Bucks - Get $100 a month to level up your wellness with BUFF Bucks. Gym memberships, yoga classes, dumbbells, however you stay healthy, Buff Bucks can help you do it.

Swag! Discounts! - Wanna rep our games? Easy peasy -- we’ll give you free shirts and kick-butt discounts on all SMITE/Paladins merch. Oh, and about those discounts… if you like amusement parks, movies, shows, or travelling, we’ve got a bit of an employee hook-up.

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