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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 1611 active competitors, including 87 funded and 152 that have exited. Its top competitors include companies like Epic Games, Hutch and Electronic Arts.

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
333 as on Sep 30, 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 $*****.
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
9786598
Post IPO
3163615
5299273
7906073
7498008
Jun 14, 2007
7290593
Series C
8858082
5273844
8978495
5350115
Apr 2005
2203903
Series A
5477683
4727964
6372104
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Codemasters' founders and board of directors

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Codemasters' employee count trend

Codemasters has 333 employees as of Sep 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 Electronic Arts. 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
71/100
3rd
Logo for Electronic Arts
Electronic Arts
1982, Redwood City (United States), Acquired
Developer of interactive entertainment software, games, and online content
-
71/100
4th
Logo for Sega
Sega
1940, Tokyo (Japan), Acquired
Video game software and hardware developer
-
-
69/100
5th
Logo for Activision
Activision
1979, Santa Monica (United States), Funding Raised
Video game developer and publisher
-
67/100
6th
Logo for Konami
Konami
1969, Tokyo (Japan), Public
Provider of video game development, publishing, and entertainment services
-
67/100
7th
Logo for IGG
IGG
2005, Singapore (Singapore), Public
Developer of mobile, web, and PC games across various genres
$4.5M
65/100
8th
Logo for Codemasters
Codemasters
1986, Southam (United Kingdom), Acquired
Video game developer specializing in core games
$98.6M
64/100
9th
Logo for Rockstar Games
Rockstar Games
1998, New York City (United States), Funding Raised
Video games publisher focusing on core games
-
-
64/100
10th
Logo for Bohemia Interactive
Bohemia Interactive
1999, Prague (Czech Republic), Funding Raised
Independent game development studio
-
63/100
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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

Here is the latest report on Codemasters's sector:

News related to Codemasters

lockFilter this list
•
Former Codemasters CEO joins Sheffield games studioProlific North•Oct 27, 2022•Sumo Digital, Codemasters
•
EA expands Criterion with Codemasters Cheshire teamGamesIndustry•May 12, 2022•Electronic Arts, Codemasters
•
•
Cambridge games doyen Jagex appoints totemic CFO from CodemastersBusiness Weekly newspaper•Aug 19, 2021•Jagex, Codemasters
•
Ex-Codemasters CEO Frank Sagnier resurfaces at NDreamsGamesIndustry•Aug 04, 2021•nDreams, Codemasters
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FAQs about Codemasters

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