When was Forgame founded?

Forgame was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Where is Forgame located?

Forgame is headquartered in Guangzhou, China.

Is Forgame a funded company?

Forgame is a funded company, having raised a total of $72.8M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 2012.

When was the latest funding round of Forgame?

Forgame's latest funding was a $***** Series A round on Apr 2013, with participation from 0 investor.

Where does Forgame rank among its competitors?

Forgame ranks 18th amongst 455 active competitors, of which 81 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Playtika, which secured $2.2B in Jun, 2022.

Who are the top competitors of Forgame?

Forgame's top competitors include Playco, Xindong Network and Playtika. Among them, Playtika secured the most recent funding round in June, 2022.

Forgame - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer and publisher of web and mobile games. The publishing platform, 91wan, published 79 self-developed and licensed webgames. The games can be played on both 91wan, and through an extensive network of publishing partners. The integrated business model creates synergies that improve its overall performance. All games developed or published by the Group adopt an item-based revenue model, in which players have free access to games and can purchase virtual items that improve their in-game experience.

Key Metrics

Founded Year

2009

Location

Guangzhou, China

Stage

Public

Total Funding

$72.8M in 2 rounds

Latest Funding Round

Series A, Apr 2013, $*****

Investors

Ignition Capital & 4 more

Ranked

18^th among 455 active competitors

Investment & Acquisitions

UXLINK & 3 more

Similar Companies

Playco & 728 more

Exit Details

Public

View Forgame's full profile

Forgame got listed on Oct 03, 2013.

Click here to take a look at Forgame's IPO in detail

Forgame has raised a total funding of $72.8M over 2 rounds. Its first funding round was on Jun 2012. Forgame has 5 institutional investors.

Here is the list of recent funding rounds of Forgame:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 2013	2975451	Series A	2804598	2298826	1256125	3224060
Jun 2012	4279317	Series A	8787412	2484749	4097276	TA & 2 more

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View details of Forgame's funding rounds and investors

The founders of Forgame is Dong Feng Wang.

Here are the details of Forgame's key team members:

Dong Feng Wang: Founder of Forgame.

View details of Forgame's Founder profiles and Board Members

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Top competitors of Forgame include Playco, Xindong Network and Playtika. Here is the list of Top 10 competitors of Forgame, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Playco 2020, Tokyo (Japan), Series A	Developer of social web games for PC and console	$100M	Sequoia Capital, Josh Buckley & 21 others	71/100
2nd	Xindong Network 2003, Shanghai (China), Public	Developer of web-based PC games	$39.3M	GF Securities, AMTD Group & 6 others	71/100
3rd	Playtika 2010, Tel Aviv (Israel), Public	Video Game developer specializing in casual games for mobile and web platforms	$1.5M	HTIF, NFX & 4 others	69/100
4th	Thatgamecompany 2006, Santa Monica (United States), Series D	Developer of PC and mobile-based games	$172M	Sequoia Capital, TPG & 6 others	68/100
5th	MIXI 1999, Shibuya (Japan), Public	Operator of digital entertainment, lifestyle, sports, and investment related businesses	-	Venture United, World Innovation Lab	64/100
6th	Ten Square Games 2011, Wroclaw (Poland), Public	Web and Mobile games developer.	-	-	63/100
7th	InnoGames 2007, Hamburg (Germany), Series C	Web & mobile games developer	-	Modern Times Group, Eight Roads Ventures & 1 others	59/100
8th	Sulake 2000, Helsinki (Finland), Acquired	Provider of a social networking platform for the metaverse	$11.6M	SoftBank Capital, 3i Group	59/100
9th	Whow Games 2014, Hamburg (Germany), Acquired	Developer and publisher of casino games	-	10x Group, YoungBrains	58/100
10th	Giant Interactive Group 2004, Shanghai (China), Public	MMO game development company based in China	$164M	Yunfeng Capital, GF Securities & 8 others	57/100
18th	Forgame 2009, Guangzhou (China), Public	Developer and publisher of web and mobile games	$72.8M	Ignition Capital, TA & 3 others	54/100

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Forgame has made 3 investments in companies including UXLINK and Madhead App. Forgame has also acquired 1 companies including Beijingxiguahuyuentertainmenttechnology.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 13, 2024	Investments	UXLINK	2022	Singapore (Singapore)
Jun 24, 2019	Acquisition	Beijingxiguahuyuentertainmenttechnology		-
Mar 01, 2014	Investments	Madhead App	2013	Hong Kong (China)