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Embark Studios - About the company

Embark Studios is an acquired company based in Stockholm (Sweden), founded in 2018 by Johan Andersson, Patrick Soderlund and Jenny Huldschiner. It operates as a Developer of free-to-play combat-centered game show available across multiple platforms. Embark Studios has raised an undisclosed amount in funding from Nexon. The company has 810 active competitors, including 79 funded and 142 that have exited. Its top competitors include companies like Epic Games, Electronic Arts and Codemasters.

Company Details

Developer of free-to-play combat-centered game show available across multiple platforms. The company focuses on creating dynamic and engaging experiences through its games. It provides ongoing updates, seasons, and events to enhance gameplay. The company also develops tools for game development, including AI-powered animation and photogrammetry.
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Email ID
*****@embark-studios.com
Key Metrics
Founded Year
2018
Location
Stockholm, Sweden
Stage
Acquired
Latest Funding Round
Investors
Ranked
Employee Count
404 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Nexon (Jul 01, 2019)

Embark Studios's acquisition details

Embark Studios got acquired by Nexon on Jul 01, 2019 at an acquisition amount of $*****.
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Embark Studios's funding and investors

Embark Studios has raised funding over 1 round. Its latest funding round was a Seed round on Nov 07, 2018 for $*****. 1 investor participated in its latest round. Embark Studios has 1 institutional investor.

Here is the list of recent funding rounds of Embark Studios:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 07, 2018
1951323
Seed
1146028
1097365
3250908
9892420
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Embark Studios' founders and board of directors

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The founders of Embark Studios are Johan Andersson, Patrick Soderlund and Jenny Huldschiner. Patrick Soderlund is the CEO of Embark Studios.
Here are the details of Embark Studios' key team members:

Embark Studios' employee count trend

Embark Studios has 404 employees as of May 26. Here is Embark Studios's employee count trend over the years:
Employee count trend for Embark Studios
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Embark Studios's Competitors and alternates

Top competitors of Embark Studios include Epic Games, Electronic Arts and Codemasters. Here is the list of Top 10 competitors of Embark Studios, 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 Electronic Arts
Electronic Arts
1982, Redwood City (United States), Acquired
Developer of interactive entertainment software, games, and online content
-
72/100
3rd
Logo for Codemasters
Codemasters
1986, Southam (United Kingdom), Acquired
Video game developer specializing in core games
$98.6M
70/100
4th
Logo for Sega
Sega
1940, Tokyo (Japan), Acquired
Video game software and hardware developer
-
-
68/100
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
-
65/100
8th
Logo for Square Enix
Square Enix
1984, London (United Kingdom), Public
Video game developer focusing on core games
-
-
65/100
9th
Logo for IGG
IGG
2005, Singapore (Singapore), Public
Developer of mobile, web, and PC games across various genres
$4.5M
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
62/100
31st
Logo for Embark Studios
Embark Studios
2018, Stockholm (Sweden), Acquired
Developer of free-to-play combat-centered game show available across multiple platforms
-
-
54/100
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Embark Studios's Investments and acquisitions

Embark Studios has a total of 1 investment in ElevenLabs. Embark Studios has not made any acquisitions as of now.

News related to Embark Studios

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Media has covered Embark Studios for a total of 15 events in the last 1 year, 14 of them have been about company updates.
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