Overview

Thatgamecompany creates premium, artistically crafted video games focused on exploration, beauty, and emotional connection. The studio develops immersive experiences that are accessible to a wide audience, including casual gamers and families, often emphasizing shared or contemplative play. Its products work as premium digital titles sold on major platforms, sometimes including in-app purchases, with a focus on visually striking visuals, gentle mechanics, and emotionally resonant storytelling that invite players to explore and connect with the game world. Thatgamecompany differentiates itself from competitors through a strong emphasis on artistic quality, emotional depth, and inclusivity, backed by a collaborative, experimental studio culture that prioritizes team-driven innovation. The company’s goal is to create meaningful, memorable gaming experiences that push the boundaries of interactive art while reaching a broad audience and fostering a sense of wonder and community.

Simplify's Take

What believers are saying

• Sky PC expansion via Steam Early Access (April 2024) unlocks lucrative Western PC gaming market.
• $160M funding from TPG and Sequoia Capital enables aggressive expansion and new IP development.
• Demonstrated monetization success through in-app purchases across five platforms generates recurring revenue streams.

What critics are saying

• Sky Early Access holds only 86% positive reviews; player dissatisfaction risks retention and monetization.
• Two-year PC launch delay signals technical instability; full 1.0 release delay risks Steam delisting.
• NetEase publishing deal in China eliminates direct revenue control in world's largest mobile market.

What makes thatgamecompany unique

• Emotionally-driven game design with artistic vision differentiates thatgamecompany from mainstream competitors.
• Cross-platform accessibility across iOS, Android, Switch, PS4, and PC maximizes addressable market.
• Sky's social MMO features create network effects and sustained player engagement through shared experiences.

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Funding

Total Funding

$196.1M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:

BenchmarkKleiner Perkins

Notable Investors:

BenchmarkKleiner Perkins

$160,000,000

Late VC

Mar 2022

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Late VC Funding Comparison

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