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
Investors
Ranked
11th among 1223 active competitors
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)
Legal entities associated with Codemasters
Codemasters is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Electronic Arts Inc. CIN: 712515 , United States, Active | May 07, 1991 | $1B+ (As on Mar 31, 2026) | 13400 (As on Mar 31, 2023) | - |
Codemasters Software Company Limited CIN: - , Germany, Active | £10M - £50M (As on Mar 31, 2018) | 141 (As on Apr 30, 2022) |
Codemasters's acquisition details
Codemasters got acquired by Electronic Arts on Dec 13, 2020 at an acquisition amount of $*****.
Click here to take a look at Codemasters's acquisition in detail
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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 |
View details of Codemasters's funding rounds and investors
Codemasters' founders and board of directors
Founder? Claim ProfileCodemasters' employee count trend
Codemasters has 336 employees as of Aug 26. Here is Codemasters's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Epic Games 1991, Cary (United States), Series F | Digital distribution platform for desktop PC games | $8.13B | 83/100 | |
2nd | Hutch 2011, London (United Kingdom), Acquired | Developer of mobile video games focused on automotive and racing genres | $5.5M | 70/100 | |
3rd | Video game software and hardware developer | - | - | 69/100 | |
4th | Electronic Arts 1982, Redwood City (United States), Acquired | Developer of interactive entertainment software, games, and online content | - | 69/100 | |
5th | Activision 1979, Santa Monica (United States), Funding Raised | Video game developer and publisher | - | 67/100 | |
6th | Rockstar Games 1998, New York City (United States), Funding Raised | Video games publisher focusing on core games | - | - | 67/100 |
7th | Provider of video game development, publishing, and entertainment services | - | 67/100 | ||
8th | Developer of mobile, web, and PC games across various genres | $4.5M | 63/100 | ||
9th | Square Enix 1984, London (United Kingdom), Public | Video game developer focusing on core games | - | - | 63/100 |
10th | LightFury Games 2024, Bengaluru (India), Seed | Platform for developing and publishing immersive AAA games for audiences | $19.5M | 63/100 | |
11th | Codemasters 1986, Southam (United Kingdom), Acquired | Video game developer specializing in core games | $98.6M | 67/100 |
Looking for more details on Codemasters's competitors? Click here to see the top ones
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 | London (United Kingdom) | |
Apr 11, 2016 | Acquisition | 1999 | London (United Kingdom) | |
Sep 20, 2007 | Acquisition | 1999 | London (United Kingdom) |
Reports related to Codemasters
Here is the latest report on Codemasters's sector:
News related to Codemasters
•
Industry Veteran Alex Cook Becomes Green Man Gaming’s First EVP of Commercial AcquisitionGreen Man Gaming•May 12, 2025•Green Man Gaming, Codemasters
•
EA completes $1.2 billion acquisition of Dirt developer CodemastersGame Developer•Jan 15, 2024•Electronic Arts, Codemasters
•
Former Codemasters CEO joins Sheffield games studioProlific North•Oct 27, 2022•Sumo Digital, Codemasters
•
Leslie Benzies' studio hires former Evolution, Ubisoft, NCsoft talentGamesIndustry•Jul 21, 2022•Build A Rocket Boy, Codemasters
•
EA expands Criterion with Codemasters Cheshire teamGamesIndustry•May 12, 2022•Electronic Arts, Codemasters
•
Veloce Esports and Codemasters announce multi-title esports leagueEsports Insider•Sep 28, 2021•Veloce, Codemasters
•
Cambridge games doyen Jagex appoints totemic CFO from CodemastersBusiness Weekly newspaper•Aug 19, 2021•Jagex, Codemasters
•
Jagex strengthens executive leadership as Rashid Varachia is appointed Chief Financial OfficerCambridge Network•Aug 16, 2021•Jagex, Codemasters
•
Ex-Codemasters CEO Frank Sagnier resurfaces at NDreamsGamesIndustry•Aug 04, 2021•nDreams, Codemasters
•
Codemasters CEO Frank Sagnier will step down, four months after EA acquisitionPocket Gamer•Jul 07, 2021•Codemasters, Electronic Arts
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