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Codemasters - About the company

Codemasters is an acquired company based in Southam (United Kingdom), founded in 1986. It operates as a Video game developer specializing in core games. Codemasters has raised $98.6M in funding from Goldman Sachs. The company has 1223 active competitors, including 86 funded and 152 that have exited. Its top competitors include companies like Epic Games, Hutch and Sega.

Company Details

Codemasters is a video game developer and publisher specializing in core games. The company has created racing game titles including 'On Rush', 'F1 2016', 'F1 Mobile Racing, Grid', 'Project Cars', and more. The games are available for Android, iOS, Steam, PlayStation, and other platforms. It monetizes through one-time purchases, in-app purchases, and advertisements.
Key Metrics
Founded Year
1986
Location
Southam, United Kingdom
Stage
Acquired
Total Funding
$98.6M in 3 rounds
Latest Funding Round
Ranked
Annual Revenue
$1B+ as on Mar 31, 2026
Employee Count
336 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Electronic Arts (Dec 13, 2020)

Codemasters's acquisition details

Codemasters got acquired by Electronic Arts on Dec 13, 2020 at an acquisition amount of $*****.
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Codemasters's funding and investors

Codemasters has raised a total funding of $98.6M over 3 rounds. Its first funding round was on Apr 2005. Its latest funding round was a Post IPO round on Jul 10, 2020 for $*****. 1 investor participated in its latest round. Codemasters has 9 institutional investors.

Here is the list of recent funding rounds of Codemasters:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 10, 2020
9386289
Post IPO
9143248
2205193
3038729
9923391
Jun 14, 2007
1848080
Series C
7363497
5555995
9240277
4761170
Apr 2005
5518795
Series A
4700074
9083302
3015417
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Codemasters' founders and board of directors

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Codemasters' employee count trend

Codemasters has 336 employees as of Aug 26. Here is Codemasters's employee count trend over the years:
Employee count trend for Codemasters
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Codemasters's Competitors and alternates

Top competitors of Codemasters include Epic Games, Hutch and Sega. Here is the list of Top 10 competitors of Codemasters, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Epic Games
Epic Games
1991, Cary (United States), Series F
Digital distribution platform for desktop PC games
$8.13B
83/100
2nd
Logo for Hutch
Hutch
2011, London (United Kingdom), Acquired
Developer of mobile video games focused on automotive and racing genres
$5.5M
70/100
3rd
Logo for Sega
Sega
1940, Tokyo (Japan), Acquired
Video game software and hardware developer
-
-
69/100
4th
Logo for Electronic Arts
Electronic Arts
1982, Redwood City (United States), Acquired
Developer of interactive entertainment software, games, and online content
-
69/100
5th
Logo for Activision
Activision
1979, Santa Monica (United States), Funding Raised
Video game developer and publisher
-
67/100
6th
Logo for Rockstar Games
Rockstar Games
1998, New York City (United States), Funding Raised
Video games publisher focusing on core games
-
-
67/100
7th
Logo for Konami
Konami
1969, Tokyo (Japan), Public
Provider of video game development, publishing, and entertainment services
-
67/100
8th
Logo for IGG
IGG
2005, Singapore (Singapore), Public
Developer of mobile, web, and PC games across various genres
$4.5M
63/100
9th
Logo for Square Enix
Square Enix
1984, London (United Kingdom), Public
Video game developer focusing on core games
-
-
63/100
10th
Logo for LightFury Games
LightFury Games
2024, Bengaluru (India), Seed
Platform for developing and publishing immersive AAA games for audiences
$19.5M
63/100
11th
Logo for Codemasters
Codemasters
1986, Southam (United Kingdom), Acquired
Video game developer specializing in core games
$98.6M
67/100
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Codemasters's Investments and acquisitions

Codemasters has acquired 3 companies including Slightly Mad Studios, Evolution Studios and Evolution Studios. Codemasters has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 28, 2019
Acquisition
2008
Apr 11, 2016
Acquisition
1999
Sep 20, 2007
Acquisition
1999
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Reports related to Codemasters

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News related to Codemasters

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