Theorycraft Games Company Profile

Background

Theorycraft Games is an independent game development studio founded in 2020, headquartered in Los Angeles, California. The company is dedicated to creating deep, competitive, and community-driven games that offer players engaging and enduring experiences. Their mission is to develop games that reward deep mastery and foster social connections among players.

Key Strategic Focus

Theorycraft Games focuses on developing multiplayer, player-versus-player (PvP) games that are accessible across multiple platforms. Their inaugural project, initially codenamed "Project Loki" and later unveiled as "SUPERVIVE," is a hybrid of MOBA, battle royale, and hero shooter genres. This innovative approach aims to blend elements from successful titles like League of Legends, Apex Legends, and Overwatch, offering a unique gaming experience.

Financials and Funding

Since its inception, Theorycraft Games has secured substantial funding to support its development initiatives:

Series A Funding (March 2021): Raised $37.5 million, led by NetEase, with participation from NEA, Bitkraft Ventures, Griffin Gaming Partners, and Sisu Game Ventures.

Series B Funding (September 2022): Secured an additional $50 million, with investments from Makers Fund, NEA, and Andreessen Horowitz.

These investments underscore the confidence in Theorycraft's vision and have been instrumental in expanding their team and accelerating game development.

Pipeline Development

SUPERVIVE, formerly known as "Project Loki," is Theorycraft's flagship title currently in development. The game combines MOBA, battle royale, and hero shooter elements, aiming to deliver a fresh and engaging multiplayer experience. As of October 2024, SUPERVIVE was in its Alpha phase, receiving positive feedback from the gaming community.

Technological Platform and Innovation

Theorycraft Games leverages advanced technologies to enhance game development and player engagement:

Game Engine: Utilizes Unreal Engine for high-quality graphics and immersive gameplay.

Marketing and Community Engagement: Employs platforms like YouTube and Reddit Ads to connect with the gaming community and promote their titles.

Leadership Team

Theorycraft Games boasts a leadership team with extensive experience in the gaming industry:

Joe Tung, CEO: Former Executive Vice President of League of Legends at Riot Games and Executive Producer on Destiny and Halo.

Michael Evans, CTO: Previously served as Tech Lead for Valorant, Overwatch, and Halo.

Areeb Pirani, COO: Former Head of Global Revenue and Finance for League of Legends at Riot Games.

Mike Tipul, Chief Creative Officer: Former Creative Director at Bungie.

Moby Francke, Art Director: Former Art Director on Valorant, League of Legends, Dota 2, and Team Fortress 2.

Competitor Profile

Market Insights and Dynamics

The gaming industry is highly competitive, with numerous studios vying for player attention. Theorycraft Games operates in the multiplayer online battle arena (MOBA) and battle royale segments, which have seen significant growth and player engagement in recent years.

Competitor Analysis

Key competitors include:

Jagex: Known for developing and publishing online games, including the popular MMORPG RuneScape.

Games24x7: An online and mobile gaming company offering a variety of games across platforms.

Stillfront Group: An independent creator, publisher, and distributor of digital games.

IGG: A game development company recognized for titles like Lords Mobile and Castle Clash.

Strategic Collaborations and Partnerships

Theorycraft Games has established strategic partnerships with leading investors and technology providers to bolster its development capabilities and market reach. Notable investors include NetEase, NEA, Bitkraft Ventures, Griffin Gaming Partners, Sisu Game Ventures, Makers Fund, and Andreessen Horowitz.

Operational Insights

Operating as a fully remote studio, Theorycraft Games emphasizes a high-performance, talent-dense team culture. They prioritize player-centric development, aiming to create games that offer deep engagement and foster community connections.

Strategic Opportunities and Future Directions

With substantial funding and a seasoned leadership team, Theorycraft Games is well-positioned to make a significant impact in the gaming industry. The development of SUPERVIVE reflects their commitment to innovation and delivering unique gaming experiences. Future directions may include expanding their game portfolio and exploring new genres to cater to a diverse player base.

Contact Information

For more information, visit Theorycraft Games' official website.

Connect with them on LinkedIn.

Note: Specific contact details such as email addresses and phone numbers are not provided in this profile.