Horizon Blockchain Games

Horizon Blockchain Games

Development platform for Web3 gaming

About Horizon Blockchain Games

Simplify's Rating
Why Horizon Blockchain Games is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Crypto & Web3

Gaming

Company Size

51-200

Company Stage

Series A

Total Funding

$53.3M

Headquarters

Toronto, Canada

Founded

2017

Overview

Horizon Blockchain Games operates in the blockchain gaming sector, providing a development platform called Sequence that enables developers to create, manage, and scale Web3 games. Sequence simplifies the game development process and integrates features for trading and ownership of in-game items, enhancing the gaming experience for players. Unlike many competitors, Horizon focuses on creating a seamless ecosystem that benefits both developers and gamers, fostering a vibrant community around its platform. The company's goal is to make internet economies enjoyable and accessible for everyone involved.

📈
Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Partnership with Google Cloud enhances Sequence's Web3 gaming development capabilities.
  • Horizon raised $40M to make Web3 easy, fun, and powerful for users and builders.
  • Adoption of Polygon zkEVM improves scalability and reduces transaction costs for Sequence.

What critics are saying

  • Increased competition from established gaming companies entering the Web3 space.
  • Volatility of cryptocurrency markets may impact digital asset values on Horizon's platform.
  • Regulatory scrutiny on blockchain and digital assets could lead to compliance challenges.

What makes Horizon Blockchain Games unique

  • Horizon Blockchain Games offers Sequence, a comprehensive Web3 game development platform.
  • Sequence integrates digital asset trading and ownership, enhancing the gaming experience.
  • Horizon.io simplifies Web3 game development, making it accessible for developers and gamers.

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Funding

Total Funding

$53.3M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$40M
Horizon Blockchain Games

Benefits

Competitive pay

Conscious about mental health

Equity

Flexible vacation policy

Health benefits for Canadian employees

Personal development support

Work from home option

Growth & Insights and Company News

Headcount

6 month growth

16%

1 year growth

15%

2 year growth

28%
Blockchain Gamer
May 15th, 2024
Jobs news: Animoca signs Olivia Song as new head of BD for Mocaverse

15th May: Animoca Brands has appointed Olivia Song as new head of business development for Mocaverse.

Daily Mail
Apr 17th, 2024
Review launched into ANOTHER Post Office IT system rolled out years before Horizon amid fears of dozens more wrongly convicted sub-postmasters

Review launched into ANOTHER Post Office IT system rolled out years before Horizon amid fears of dozens more wrongly convicted sub-postmasters.

Cointelegraph
Mar 19th, 2024
Sequence partners with Google Cloud to simplify Web3 gaming development

Horizon Blockchain Games launched in 2019 with a $2.75 million dollar seed round.

Business Wire
Jan 25th, 2024
Sequence Welcomes Games Industry Veteran And Xbla Creator Greg Canessa To Drive Web3 Gaming

TORONTO--(BUSINESS WIRE)--Sequence, the leading development platform for web3 games, welcomes Greg Canessa, former GM and Creator of Xbox Live Arcade, as its new President and Chief Operating Officer. With over 25 years of executive leadership experience in gaming, including platform and content development, publishing, SaaS, and ecosystem creation, Canessa brings a wealth of expertise to Sequence, the award-winning all-in-one development platform for integrating web3 into games. Before joining Sequence, Canessa served as Google’s Global Director of Strategy Business Operations, Games from 2017 to 2023, where he led key strategic, operational, marketing, and studio functions for Google's AAA cloud gaming businesses. Notably, Canessa was the GM and Creator of Xbox Live Arcade (XBLA) during his time at Microsoft from 2000 to 2007. With XBLA, Canessa created the world’s first console digital distribution business and delivered 75+ indie and retro titles, providing a new kind of play experience to the console player

BNN Bloomberg
Sep 21st, 2023
Blockchain Isn't Ready for Major Video Games, Brevan Howard's Sullivan Says

Brevan Howard Digital previously co-led a $40 million funding round for Horizon Blockchain Games in October.

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