thatgamecompany

thatgamecompany

Develops visually stunning, emotionally engaging games

About thatgamecompany

Simplify's Rating
Why thatgamecompany is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Entertainment

Gaming

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$190.8M

Headquarters

Santa Monica, California

Founded

2006

Overview

thatgamecompany develops video games that focus on exploration, beauty, and emotional connection. Their games, such as "Sky: Children of the Light," "Journey," "Flower," and "Flow," are designed to be visually stunning and accessible to a wide audience, including casual gamers and families. The gameplay encourages players to engage with the environment and each other, creating shared experiences. Unlike many competitors, thatgamecompany emphasizes artistic quality and emotional depth in their games, fostering a collaborative and experimental work environment for their team. Their goal is to deliver unique gaming experiences that resonate emotionally with players.

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Simplify's Take

What believers are saying

  • Increased interest in cozy, emotionally engaging games boosts their market potential.
  • Cloud gaming platforms offer new distribution channels for broader audience reach.
  • Cross-platform play trends enhance appeal by allowing seamless experiences across devices.

What critics are saying

  • Increased competition from indie developers focusing on similar game styles.
  • Subscription-based gaming services may impact premium game sales.
  • Regulatory scrutiny over in-app purchases could affect revenue models.

What makes thatgamecompany unique

  • thatgamecompany creates visually stunning and emotionally engaging games.
  • Their games emphasize exploration, beauty, and emotional connection.
  • They focus on inclusivity and shared experiences in gaming.

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Funding

Total Funding

$190.8M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↑ 0%

2 year growth

↑ 1%
PCGamesN
Oct 9th, 2023
Journey dev reveals new Steam demo for its award-winning cozy MMO

Thatgamecompany has not announced Sky's PC release date just yet, but the studio does say that the demo serves to help the full launch and that the team has "big plans" set for the following year.

GamingonPhone
Mar 5th, 2022
Sky: Children of the Light maker Thatgamecompany raises $160M in investment

Thatgamecompany known for amazing emotional game worlds announced that it has raised $160 investment from TPG and Sequoia .

Pocket Gamer
Mar 3rd, 2022
Sky Group launched Nintendo Switch on Jun 30th 21'.

Furthermore, Sky launched on Nintendo Switch at the end of June 2021.

VentureBeat
Mar 3rd, 2022
Sky And Journey Maker Thatgamecompany Raises $160M

Thatgamecompany has built amazing and emotional game worlds such as Sky, and today it is announcing it has raised $160 million in funding.

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