1047 Games is a technology company.
1047 Games is a technology company.
1047 Games has raised $107.0M across 2 funding rounds.
1047 Games has raised $107.0M in total across 2 funding rounds.
1047 Games is a video game development studio specializing in fast-paced multiplayer shooters, best known for Splitgate, a sci-fi first-person shooter (FPS) that integrates portal mechanics into arena-style gameplay.[2][3][5] Founded by Stanford computer science students, the company builds Splitgate (and its sequel) using Unreal Engine, serving competitive gamers on platforms like Steam, PC, and consoles, while solving the problem of stale FPS formulas by blending strategic portal traversal with explosive combat.[2][3][5][6] With over $120-126.5 million in VC funding across multiple rounds—including a $100M raise—and a permanently remote team of 51-200 from top studios like Bungie, EA, and Activision, 1047 Games has achieved breakout success with its debut title and is scaling toward blockbuster status with Splitgate 2 launching in 2025.[2][3][4][5]
The studio also operates RallyHere Interactive, providing cross-platform gaming services technology.[1] Its growth momentum is fueled by in-house tech decisions, elite talent blending tech (e.g., Meta, Netflix) and games expertise, and efficient infrastructure like Hathora for dedicated servers, enabling cost-effective scaling for massive multiplayer launches.[4][6]
1047 Games was co-founded in 2017 by Ian Proulx (CEO) and Nicholas Bagamian, computer science majors at Stanford, who started in their dorm room with a passion for classic arena shooters like those from Halo and Quake.[2][3] The idea for Splitgate emerged from a class project demo: adding portal guns—strategic teleportation tools—to a traditional FPS, upending the genre with portals for flanking, traps, and mobility.[2][3][5] Early traction exploded organically; what began as a shoestring prototype became a viral hit, leading to VC backing and over $120MM raised since 2017 (with some sources noting formal incorporation around 2019).[2][3][5]
Pivotal moments include Splitgate's breakout success post-2021 launch, prompting three funding rounds by mid-2021 (latest $100M), team expansion to ~200 remotely distributed experts, and the genesis of Splitgate 2 as a franchise play.[2][3][5][6] This dorm-to-VC evolution embodies grit and ingenuity, bucking conventions for player-first fun.[2][3]
1047 Games rides the multiplayer FPS resurgence amid live-service games and portal mechanics' nostalgia (echoing Portal/Half-Life), amplified by cross-platform play and web tech trends like HTML5 engines seen in peers.[1][2][6] Timing is ideal: post-pandemic gaming boom, Unreal Engine's maturity, and cloud gaming's rise favor indie disruptors challenging AAA titles from Activision, Epic, and Valve—Splitgate's portals directly "upend" Halo-style shooters.[1][2][4] Market forces like VC influx into gaming ($120MM+ raised) and elastic infra (Hathora) enable independents to match hyperscalers' scale at lower costs, democratizing blockbuster launches.[5][6]
The studio influences the ecosystem by proving dorm-room prototypes can spawn franchises, attracting top talent to remote indies, and advancing dedicated server tech—pushing peers toward efficient, dev-friendly multiplayer stacks.[4][6]
Splitgate 2's 2025 full launch positions 1047 Games for enduring franchise status, leveraging in-house builds and Hathora for seamless global scaling amid rising live-ops demands.[4][6] Trends like AI-driven matchmaking, mobile-console convergence, and elastic cloud gaming will shape its path, amplifying portals' strategic edge in a battle royale-saturated FPS market. Influence may evolve from viral indie to AAA contender, blending tech agility with games soul to redefine competitive shooters—echoing how a dorm demo sparked a $120MM powerhouse still "just getting started."[2][3]
1047 Games has raised $107.0M in total across 2 funding rounds.
1047 Games's investors include Galaxy Interactive, Lightspeed India Partners, Menlo Ventures, Sapphire Ventures.
1047 Games has raised $107.0M across 2 funding rounds. Most recently, it raised $100.0M Series A in September 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | $100.0M Series A | Galaxy Interactive, Lightspeed India Partners, Menlo Ventures, Sapphire Ventures | |
| May 1, 2021 | $7.0M Seed | Galaxy Interactive |