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Immutable - About the company

Immutable is a series C company based in Sydney (Australia), founded in 2018 by Robbie Ferguson, James Ferguson and Alex Connolly. It operates as a Blockchain-based infrastructure for NFT games and applications. Immutable has raised $277M in funding from investors like Naspers, Temasek and Galaxy, with a current valuation of $2.5B. The company has 1168 active competitors, including 199 funded and 144 that have exited. Its top competitors include companies like Epic Games, Sorare and Dapper Labs.

Company Details

Blockchain-based infrastructure for NFT games and applications. It specializes in developing core games such as cards, MMO, FPS, and more. It also provides an open-source platform for developers to create immutable assets such as cards, skins, weapons, and more. It provides a peer-to-peer marketplace for players where they can buy, sell and gift in-game items.
Social
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Email ID
*****@immutable.com
Key Metrics
Founded Year
2018
Location
Sydney, Australia
Stage
Series C
Total Funding
$277M in 5 rounds
Latest Funding Round
Post Money Valuation
$2.5B as on Mar 08, 2022
Investors
Ranked
Employee Count
216 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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Immutable's funding and investors

Immutable has raised a total funding of $277M over 5 rounds. Its first funding round was on Jul 09, 2018. Its latest funding round was a Series C round on Mar 07, 2022 for $200M. 15 investors participated in its latest round. Immutable has 59 institutional investors.

Here is the list of recent funding rounds of Immutable:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 07, 2022
$200M
Series C
$2.5B
138.7x
Nov 05, 2021
$45M
ICO
-
-
-
-
Sep 14, 2021
$60M
Series B
$410M
32.6x
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Immutable's founders and board of directors

Founder? Claim Profile
The founders of Immutable are Robbie Ferguson, James Ferguson and Alex Connolly.
Here are the details of Immutable's key team members:

Immutable's employee count trend

Immutable has 216 employees as of Mar 26. Here is Immutable's employee count trend over the years:
Employee count trend for Immutable
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Immutable's Competitors and alternates

Top competitors of Immutable include Epic Games, Sorare and Dapper Labs. Here is the list of Top 10 competitors of Immutable, 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 Sorare
Sorare
2018, Saint Mande (France), Series B
Provider of blockchain-based fantasy sports marketplace platform for multiple sports
$739M
79/100
3rd
Logo for Dapper Labs
Dapper Labs
2018, Vancouver (Canada), Series D
Blockchain-based games developer for PC and console
$666M
74/100
4th
Logo for Animoca Brands
Animoca Brands
2006, Kowloon (China), Series C
Developer of blockchain-based PC and mobile games
$880M
74/100
5th
Logo for Electronic Arts
Electronic Arts
1982, Redwood City (United States), Acquired
Developer of interactive entertainment software, games, and online content
-
74/100
6th
Logo for Immutable
Immutable
2018, Sydney (Australia), Series C
Blockchain-based infrastructure for NFT games and applications
$277M
72/100
7th
Logo for The Sandbox
The Sandbox
2018, Hong Kong (China), Series B
Online platform offering a user-generated metaverse with blockchain games for creative and immersive gaming experiences
$115M
72/100
8th
Logo for Activision
Activision
1979, Santa Monica (United States), Funding Raised
Video game developer and publisher
-
69/100
9th
Logo for Sega
Sega
1940, Tokyo (Japan), Acquired
Video game software and hardware developer
-
-
68/100
10th
Logo for Codemasters
Codemasters
1986, Warwick (United Kingdom), Acquired
Video game developer specializing in core games
$98.6M
67/100
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Immutable's Investments and acquisitions

Immutable has not made any acquisitions yet. Immutable has made 7 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 25, 2025
Investments
2024
Singapore (Singapore)
May 21, 2024
Investments
2021
Washington, DC (United States)
May 08, 2024
Investments
2023
British Virgin Islands (United Kingdom)
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Reports related to Immutable

Here is the latest report on Immutable's sector:

News related to Immutable

lockFilter this list
Media has covered Immutable for a total of 15 events in the last 1 year, 10 of them have been about company updates and 5 about partnerships.
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FAQs about Immutable

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