Mountaintop Studios

Mountaintop Studios

Multiplayer immersive game developer and publisher

Overview

Mountaintop Studios creates immersive and challenging video games that bring players together in a welcoming, inclusive community. Games emphasize deep mastery, reward time and skill, and are designed to be accessible to players everywhere. The company focuses on an underserved niche and leverages the founders’ Oculus experience to craft thoughtful, social experiences, supported by recent funding to grow development and reach. Its goal is to build a large, diverse gaming community around high-quality cooperative or competitive games that balance depth with social connection.

About Mountaintop Studios

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

Industries

VR & AR

Consumer Software

Entertainment

Gaming

Company Size

11-50

Company Stage

Early VC

Total Funding

$65.5M

Headquarters

Los Angeles, California

Founded

2020

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Simplify's Take

What believers are saying

  • $86M funding across four rounds fuels development despite shutdown.
  • Spectre Divide hit 10,000 peak players and generated $12M revenue.
  • All-star team of 57-104 experts from Blizzard, Bungie drives expertise.

What critics are saying

  • Spectre Divide shutdown scraps game within 30 days post-Season 1.
  • 13 layoffs in September 2025 trigger talent exodus to Respawn.
  • Valorant, CS2 dominance prevents player retention and community growth.

What makes Mountaintop Studios unique

  • Mountaintop crafts anime-inspired 3v3 tactical shooters rivaling CSGO and Valorant.
  • Oculus co-founder Nate Mitchell leads remote team from Respawn, Epic, Riot.
  • Celebrity investors Shroud and Paul George back immersive PvP community games.

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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

0%

1 year growth

-23%

2 year growth

0%
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 Studios
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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