Mountaintop Studios

Mountaintop Studios

Develops immersive multiplayer games for community

About Mountaintop Studios

Simplify's Rating
Why Mountaintop Studios is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Gaming

Company Size

51-200

Company Stage

Early VC

Total Funding

$65.5M

Headquarters

Los Angeles, California

Founded

2020

Overview

Mountaintop Studios develops immersive and challenging games that aim to unite players from diverse backgrounds. Their games are designed to be inclusive and accessible, fostering a sense of community among players as they work together to overcome challenges. The company focuses on creating games that celebrate player mastery and reward time spent in the game. Unlike many competitors, Mountaintop targets a niche market of underserved players, providing them with a space to belong and connect. With a recent $30 million funding boost, the company is well-positioned to expand its game offerings and reach a wider audience. The founders bring significant experience from the gaming industry, particularly from their time at Oculus, which enhances the company's potential for success.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Raised $30M in funding, indicating strong investor confidence and growth potential.
  • High-profile investors like Shroud and Paul George enhance visibility and credibility.
  • Focus on inclusivity and accessibility aligns with increasing demand for diverse gaming experiences.

What critics are saying

  • Recent layoffs may indicate internal restructuring or strategic pivots.
  • Faces strong competition from established FPS games like Counter-Strike and Valorant.
  • Dependence on celebrity endorsements may not ensure long-term player engagement.

What makes Mountaintop Studios unique

  • Mountaintop Studios focuses on creating challenging multiplayer games for underserved niche markets.
  • The studio integrates anime and comic elements into game design for unique storytelling.
  • Founders have strong backgrounds, including experience with Oculus and popular game titles.

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Funding

Total Funding

$65.5M

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

Growth & Insights and Company News

Headcount

6 month growth

↓ -3%

1 year growth

↑ 5%

2 year growth

↑ 5%
Win.gg
Sep 26th, 2024
Layoffs hit Spectre Divide development team weeks after launch

On September 25, Mountaintop Studios confirmed layoffs, affecting 13 full-time employees.

Mountaintop
Feb 12th, 2024
Mountaintop Raises $30M in Fresh Funding - Mountaintop

I’m thrilled to share that Mountaintop has raised $30M in additional funding from some of the best investors in the industry. This capital will help us deliver an even better experience for our players.

But Why Tho?
Jan 31st, 2024
Shroud Joins Multi-Million Dollar Funding Round For Mountaintop

Shroud joins multi-million dollar funding round for Mountaintop.

Forbes
Jan 31st, 2024
New Fps Nets $30 Million From Investors Including Paul George, Shroud

It might not have a name, but Mountaintop's upcoming tactical shooter has plenty of big-name. [+] investors. MountaintopMountaintop Studios’ upcoming tactical first-person shooter might not have a name, but it certainly has its fair share of celebrity backers. Following a successful $30 million funding round in August 2023, the developer has doubled the pot this month thanks in part to a handful of top-tier angel investors, including an eight-time NBA All-Star and a Counter-Strike: Global Offensive and Valorant legend.In the latest funding round, which also secured $30 million, Mountaintop’s PvP has received investment from L.A. Clippers small forward Paul George, as well as Shroud, whose expertise in FPS games like CS:GO and Valorant has earned him millions of subscribers worldwide.L.A. Clippers' small forward Paul George is among a team of angel investors in Mountaintop's unnamed

LA TechWatch
Sep 25th, 2023
The LA TechWatch Startup Daily Funding Report: 9/25/2023

Jiritsu.network, a verifiable computing platform, has raised $10.2M in venture funding from investors that include Shima Capital, Susquehanna Growth Equity, Republic capital, gumi Cryptos Capital (gCC), Polymorphic Capital, Evernew Capital, Eterna Capital, tokentus investment AG, Serafund, Kestrel Management, and Comma3 Ventures.

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