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Midnight - About the company

Midnight is a seed company based in Dover (United States), founded in 2013 by Steven Wade and Steven Spagnolo. It operates as a Developer of PC and console-based core games. Midnight has raised $7.5M in funding from Shima Capital. The company has 1224 active competitors, including 123 funded and 200 that have exited. Its top competitors include companies like Krafton, Epic Games and WeMade Entertainment.

Company Details

Developer of PC and console-based core games. It offers web-3-based free-to-play multiple mid-core games, and also provides a non-fungible token marketplace.
Social
X
Email ID
*****@midnight.io
Key Metrics
Founded Year
2013
Location
Stage
Seed
Total Funding
$7.5M in 1 round
Latest Funding Round
Ranked
Employee Count
5 as on May 31, 2026
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Midnight's funding and investors

Midnight has raised a total funding of $7.5M over 1 round. Its latest funding round was a Seed round on Nov 25, 2022 for $*****. 7 investors participated in its latest round. Midnight has 8 institutional investors.

Here is the list of recent funding rounds of Midnight:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 25, 2022
8521579
Seed
8770735
3217355
7462974
7784588
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Midnight's founders and board of directors

Founder? Claim Profile
The founders of Midnight are Steven Wade and Steven Spagnolo. Steven Wade is the CEO of Midnight.
Here are the details of Midnight's key team members:

Midnight's employee count trend

Midnight has 5 employees as of May 26. Here is Midnight's employee count trend over the years:
Employee count trend for Midnight
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Midnight's Competitors and alternates

Top competitors of Midnight include Krafton, Epic Games and WeMade Entertainment. Here is the list of Top 10 competitors of Midnight, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Krafton
Krafton
2007, Seoul (South Korea), Public
Provider of online games
$35M
83/100
2nd
Logo for Epic Games
Epic Games
1991, Cary (United States), Series F
Digital distribution platform for desktop PC games
$8.13B
83/100
3rd
Logo for WeMade Entertainment
WeMade Entertainment
2000, Seoul (South Korea), Public
Video game developer focusing on MMORPGs
-
75/100
4th
Logo for Riot Games
Riot Games
2006, San Francisco (United States), Acquired
Developer of online multiplayer games and related entertainment content
$15M
73/100
5th
Logo for Valve
Valve
1996, Bellevue (United States), Funding Raised
Developer of games, a digital distribution platform, and related hardware
-
73/100
6th
Logo for Blizzard Entertainment
Blizzard Entertainment
1994, Irvine (United States), Unfunded
Developer of online games across multiple platforms and game genres
-
-
72/100
7th
Logo for Electronic Arts
Electronic Arts
1982, Redwood City (United States), Acquired
Developer of interactive entertainment software, games, and online content
-
72/100
8th
Logo for Codemasters
Codemasters
1986, Southam (United Kingdom), Acquired
Video game developer specializing in core games
$98.6M
70/100
9th
Logo for Gamigo
Gamigo
2000, Hamburg (Germany), Acquired
Provider of free-to-play massively multiplayer online role-playing games and browser games
-
-
70/100
10th
Logo for NetEase Games
NetEase Games
1997, Guangzhou (China), Funding Raised
Developer of multi-platform games across various genres and gaming experiences
-
70/100
183rd
Logo for Midnight
Midnight
2013, Dover (United States), Seed
Developer of PC and console-based core games
$7.5M
41/100
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Midnight's Investments and acquisitions

Midnight has made no investments or acquisitions yet.

News related to Midnight

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