N3TWORK Studios

N3TWORK Studios

Develops and scales mobile games

About N3TWORK Studios

Simplify's Rating
Why N3TWORK Studios is rated
B-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated D+ on Differentiation

Industries

Consumer Software

Gaming

Company Size

51-200

Company Stage

Series A

Total Funding

$103M

Headquarters

San Francisco, California

Founded

2021

Overview

N3TWORK develops and scales mobile games, focusing on titles like "Legendary Game of Heroes," "Tetris," and "Funko Pop! Blitz." Their games are designed to attract a wide range of players, from casual to dedicated gamers. N3TWORK's business model includes generating revenue through in-app purchases and mobile advertising. A unique aspect of their approach is the N3TWORK Scale Platform (NSP), which automates mobile advertising campaigns, allowing for significant investment in marketing while achieving high returns. Additionally, N3TWORK has established a $50 million Growth Fund to support and scale promising games, enhancing their influence in the mobile gaming industry. The company's goal is to leverage technology to create engaging mobile games and expand its market presence.

📈
Significant Headcount Growth
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Simplify's Take

What believers are saying

  • N3TWORK's $50 million Growth Fund supports scaling promising games and expanding market influence.
  • The rise of 'gacha' mechanics offers lucrative monetization opportunities for N3TWORK's new titles.
  • Cross-platform play trend expands potential audience for N3TWORK's mobile games.

What critics are saying

  • Acquisition by East Side Games may disrupt ongoing projects or affect employee morale.
  • Focus on Web3 games exposes N3TWORK to regulatory scrutiny and market volatility.
  • Pressure from investors may lead to rushed game development cycles.

What makes N3TWORK Studios unique

  • N3TWORK leverages proprietary NSP technology for automated mobile advertising optimization.
  • The company integrates Web3 elements, enhancing player engagement and monetization.
  • N3TWORK's diverse game portfolio includes popular titles like 'Legendary Game of Heroes' and 'Tetris'.

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Funding

Total Funding

$103M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
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
$46M
N3TWORK Studios

Benefits

Competitive salary

Equity grants

Token-based & performance bonuses

Unlimited PTO

EAP

Parental leave

Stipends

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

5%

2 year growth

0%
eGamers
Nov 9th, 2024
N3TWORK Studios Announces Legendary Heroes: Unchained Launch On Base Network

N3TWORK Studios announces Legendary Heroes: Unchained launch on Base network.

The NFT News
Mar 23rd, 2023
Legendary: Heroes Unchained sells out 5,000 Loyalty Passes in under 3 hours | The NFT News

N3twork Studios is working on a diverse portfolio of multiplatform titles, including Legendary Heroes Unchained and Triumph.

Finance Feeds
Jan 12th, 2023
Web3 game developer N3twork Studios hires ex-Tinder CPO Josh Sell

Josh Sell joins N3twork Studios after making a name for himself as Chief Product Officer at Tinder.

VentureBeat
Oct 4th, 2022
N3Twork Studios Announces Legendary: Heroes Unchained

Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Register today. N3twork Studios is officially unveiling the next game in the Legendary franchise; Legendary: Heroes Unchained. The new game is a hero collecting RPG — picture gacha games in your head and you’re almost there. It’s not a perfect comparison, but the differences are there and noticeable if you play both

The Business of Esports
Jun 2nd, 2022
Griffin Gaming Partners invests into N3twork Inc

N3TWORK Studios wrapped up a very successful Series A funding round led by Griffin Gaming Partners, with participation from Kleiner Perkins, Galaxy Interactive, Korean Investment Partners, Floodgate, and LLL Capital.

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