Faceit - About the company
Faceit is an acquired company based in London (United Kingdom), founded in 2012 by Michele Attisani, Niccolo Maisto and Alessandro Avallone. It operates as a Free-to-play eSports gaming platform. Faceit has raised $17M in funding from investors like United Ventures, Index Ventures and Anthos Capital. The company has 331 active competitors, including 34 funded and 13 that have exited. Its top competitors include companies like PlayVS, Game.tv and Battle.net 2.0.
Company Details
Faceit is a free-to-play eSports gaming platform. The platform helps the gamers to discover and showcase their skills to potential sponsors and professional eSports teams. The platform also runs its own eSports tournaments where individual users and teams can register and compete. The users can also add games onto the platform to compete and win awarded points.
- Website
- www.faceit.com/
- Social
Key Metrics
Founded Year
2012
Location
London, United Kingdom
Stage
Acquired
Total Funding
$17M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 331 active competitors
Annual Revenue
£12.3M as on Dec 31, 2019
Employee Count
89 as on Dec 31, 2022
Similar Companies
Exit Details
Acquired by Savvy Games Group (Jan 24, 2022)
Legal entities associated with Faceit
Faceit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Face It Limited CIN: 7751649 , Germany, Active | Aug 23, 2011 | $15.8M (As on Dec 31, 2019) | 89 (As on Dec 31, 2022) |
Faceit's acquisition details
Faceit got acquired by Savvy Games Group on Jan 24, 2022 at an acquisition amount of $1.05B. It was facilitated by Crossgate.
Click here to take a look at Faceit's acquisition in detail
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Faceit's funding and investors
Faceit has raised a total funding of $17M over 2 rounds. Its first funding round was on Jun 16, 2015. Its latest funding round was a Series A round on Jan 26, 2016 for $*****. 3 investors participated in its latest round. Faceit has 7 institutional investors.
Here is the list of recent funding rounds of Faceit:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 26, 2016 | 8263258 | Series A | 4544618 | 2812851 | 3222964 | 3175298 |
Jun 16, 2015 | 9274916 | Seed | 5593365 | 4451415 | 1328223 |
Access funding benchmarks and valuations. Sign up today!View details of Faceit's funding rounds and investors
Faceit's founders and board of directors
Founder? Claim ProfileHere are the details of Faceit's key team members:
- Michele Attisani: Co-Founder & COO of Faceit. They are also an angel investor in 36 startups and serve on the board of 1 company.Contact Info: 1 email address
- Niccolo Maisto: Co Founder & CEO of Faceit. They are also an angel investor in 9 startups and serve on the board of 1 company.
- Alessandro Avallone: Co-Founder of Faceit. They serve on the board of 1 company.Contact Info: 1 email address
Faceit's Board of Directors
Faceit's board has 4 active members. Mishary Najy S Alibraheem, Saleh Alfadhel, Meshal Almogbel and Brian Douglas Ward are independent board members.Here is the list of Faceit's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
regtmuc | Team | - | Past | 1y 2m |
jjypssa | Team | - | Past | 9y 7m |
wahtwbn | Team | - | Past | 9y 8m |
Independent board member | - | Current | 3y 10m | |
elmaalm | Independent board member | - | Current | 2y 5m |
ftdmre{ | Independent board member | - | Current | 2y 6m |
mpehnpv | Independent board member | - | Current | 7y 1m |
hbefbji | Independent board member | - | Past | 6y 2m |
alwqkbd | Independent board member | - | Past | 2y 2m |
{cppz{h | Independent board member | - | Past | 9y 3m |
mf{vapu | Independent board member | - | Past | 4y 6m |
kpdlyio | Independent board member | - | Past | 2y 4m |
fbkwetd | Independent board member | - | Past | 3y 2m |
jyboxui | Independent board member | - | Past | 7y 4m |
View details of Faceit's Founder profiles and Board Members
Faceit's employee count trend
Faceit has 89 employees as of Dec 22. The total employee count is 9.0% more than what it was in Dec 21. Here is Faceit's employee count trend over the years:
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Faceit's Competitors and alternates
Top competitors of Faceit include PlayVS, Game.tv and Battle.net 2.0. Here is the list of Top 10 competitors of Faceit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Faceit 2012, London (United Kingdom), Acquired | Free-to-play eSports gaming platform | $17M | 65/100 | |
2nd |  PlayVS 2012, Santa Monica (United States), Series C | Provider of scholastic esports leagues for middle and high schools | $115M | 65/100 | |
3rd | Provider of platform enabling gamers to create content and monetize it | $25M | 57/100 | ||
4th | Battle.net 2.0 2009, Irvine (United States), Unfunded | Free to play online eSports gaming platform | - | - | 55/100 |
5th | Esports and mobile games solutions provider | $8.98M | 54/100 | ||
6th | Challengermode 2014, Stockholm (Sweden), Series A | Esports infrastructure provider for gamers, organizers and game developers | $14M | 51/100 | |
7th | Provider of eSports-based competitive gaming platform | $4.25M | 50/100 | ||
8th |  Community Gaming 2018, New York City (United States), Series A | Online platform offering esports tournaments | $18.3M | 47/100 | |
9th | MLG 2002, New York City (United States), Acquired | Esports event organizing and broadcasting company | $66.2M | 47/100 | |
10th | Esports-based gaming platform for playing multiple games | - | - | 46/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Faceit's competitors? Click here to see the top ones
Faceit's Investments and acquisitions
Faceit has made no investments or acquisitions yet.
Reports related to Faceit
Here is the latest report on Faceit's sector:
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