Niantic

Niantic

Develops augmented reality games and experiences

About

Niantic creates augmented reality (AR) experiences that combine the digital and real worlds, encouraging users to explore and interact with their environment. Their popular AR games, such as Pokémon GO and Ingress, engage millions of players globally, promoting outdoor activity and social connections. Niantic's products work by using mobile devices to overlay digital content onto real-world locations, allowing players to participate in interactive challenges and events. Unlike many competitors, Niantic focuses on fostering community engagement and physical exploration through their games. The company's goal is to enhance real-world experiences through technology, making gaming a more active and social endeavor.

Company Stage

Series D

Employees

501-1,000

Industries

VR & AR, Gaming

Total Funding

$753.1M

Headquarters

N/A

Founded

2011


Simplify Jobs

Simplify's Take

What believers are saying

  • Niantic's popular AR games like Pokémon GO have a massive global user base, ensuring a steady stream of revenue from in-app purchases and sponsorships.
  • The launch of new features and events, such as the Shared Skies season and the introduction of Gigantamax Pokémon, keeps the user base engaged and attracts new players.
  • Their new 'Studio' interface for web-based XR development and 3D creation opens up additional opportunities for innovation and revenue.

What critics are saying

  • The AR gaming market is highly competitive, with new entrants potentially diluting Niantic's market share.
  • Dependence on the success of a few flagship games like Pokémon GO could pose a risk if user interest wanes.

What makes Niantic unique

  • Niantic's focus on augmented reality games that encourage outdoor activity and social interaction sets it apart from traditional mobile gaming companies.
  • Their Lightship platform not only powers their own games but also provides a revenue stream by enabling other developers to create AR applications.
  • Niantic's strategic partnerships with companies like Google Play and 100 Thieves enhance their market presence and offer unique in-game experiences.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

0%

2 year growth

-13%

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