About Phoenix Labs
At Phoenix Labs, employees have the opportunity to be at the forefront of the gaming industry, developing deep multiplayer games that pioneer true crossplay and cross-progression capabilities. This company stands out in the gaming sector by not only focusing on immersive and engaging multiplayer experiences but also embracing cutting-edge technology to enhance gameplay and user experience across various platforms. With projects like Fae Farm that offer unique and enchanting settings, working at Phoenix Labs means being part of a creative and innovative team that continually pushes the boundaries of what is possible in game development.
Vancouver, CanadaHeadquarters
2014Year Founded
$152.9MTotal Funding
ACQUISITIONCompany Stage
Entertainment, GamingIndustries
201-500Employees
Risks
Increased competition from major players like Tencent and Sony.
Rising development costs could strain Phoenix Labs' financial resources.
Potential talent drain due to lucrative offers from larger companies.
Differentiation
Phoenix Labs regained independence through a management buyout in 2023.
Focus on cross-platform play and cloud gaming sets Phoenix Labs apart.
Strong presence in indie game development enhances Phoenix Labs' market position.
Upsides
Subscription-based gaming services offer Phoenix Labs broader audience reach.
Indie game popularity provides Phoenix Labs with more visibility and distribution channels.
Remote work trends enable Phoenix Labs to attract global talent.
Funding
Total raised$152.90 M
Latest valuation$150.00 M
StageACQUISITION
ACQUISITION
12/31/2019$150
$150.00 M