When was Pragma founded?

Pragma was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Pragma located?

Pragma is headquartered in Culver City, United States. It is registered at Culver City, California.

Who is the current CEO of Pragma?

Eden Chen of Pragma. They have also founded 1 company and are angel investors in 8 startups, including Fishermen Labs.

How many employees does Pragma have?

As of May 31, 2026, the latest employee count at Pragma is 58.

Is Pragma a funded company?

Pragma is a funded company, having raised a total of $50.9M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 12, 2020.

When was the latest funding round of Pragma?

Pragma's latest funding was a $***** Series B round on Mar 11, 2025, with participation from 4 investors.

Where does Pragma rank among its competitors?

Pragma ranks 1st amongst 23 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Pragma, which secured $12.7M in Mar, 2025.

Who are the top competitors of Pragma?

Pragma's top competitors include Nitrado, PlayFab and Primal Space Systems. Among them, Pragma secured the most recent funding round in March, 2025.

Pragma - 2026 Company Profile, Team, Funding & Competitors

Pragma is a series B company based in Culver City (United States), founded in 2020 by Eden Chen and Chris Cobb. It operates as a Backend game engine solutions provider. Pragma has raised $50.9M in funding from investors like Upfront Ventures, Greylock and Insight Partners. The company has 23 active competitors, including 4 funded and 5 that have exited. Its top competitors include companies like Nitrado, PlayFab and Primal Space Systems.

Company Details

Pragma offers a backend game engine platform. It enables users to develop and scale their games. It allows users to give code-level access, account services, game loop, platform services, store integration, and more.

Website: pragma.gg
Social
Phone Number: +1 **********
Registered Address: Culver City, California

Key Metrics

Founded Year

2020

Location

Culver City, United States

Stage

Series B

Total Funding

$50.9M in 4 rounds

Latest Funding Round

Series B, Mar 11, 2025, $*****

Investors

Upfront Ventures & 12 more

Ranked

1^st among 23 active competitors

Employee Count

58 as on May 31, 2026

Similar Companies

Nitrado & 41 more

View Pragma's full profile

Pragma is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PRAGMA PLATFORM, INC. CIN: 84-3987739 , United States, Active	Dec 05, 2019	-	27 (As on Dec 31, 2021)	-
PRAGMA PLATFORM INC CIN: 843987739 , United States, Active	Dec 31, 1999	-	34 (As on Dec 31, 2024)	-

Pragma has raised a total funding of $50.9M over 4 rounds. Its first funding round was on Mar 12, 2020. Its latest funding round was a Series B round on Mar 11, 2025 for $*****. 4 investors participated in its latest round. Pragma has 8 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Pragma:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 11, 2025	5662527	Series B	8295576	9689859	1987799	2649823
Oct 27, 2021	2451309	Series B	6046767	7413929	1995701	Greylock Partners & 6 more
Apr 20, 2021	8184373	Series A	8247563	6896183	Upfront Ventures & 2 more	Mark Pincus & 2 more

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View details of Pragma's funding rounds and investors

The founders of Pragma are Eden Chen and Chris Cobb. Eden Chen is the CEO of Pragma.

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

Eden Chen: Co-Founder & CEO of Pragma and founder of 2 other companies, Pragma and Fishermen Labs. They are also an angel investor in 8 startups.
Contact Info: 5 email addresses
Chris Cobb: Founder / Pres / CTO of Pragma.

View details of Pragma's Founder profiles and Board Members

Pragma's employee count trend

Pragma has 58 employees as of May 26. Here is Pragma's employee count trend over the years:

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Top competitors of Pragma include Nitrado, PlayFab and Primal Space Systems. Here is the list of Top 10 competitors of Pragma, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Pragma 2020, Culver City (United States), Series B	Backend game engine solutions provider	$50.9M	Insight Partners, Sixty Degree Capital & 11 others	56/100
2nd	Nitrado 2001, Karlsruhe (Germany), Acquired	Provider of game servers and application hosting	-	SIB	52/100
3rd	PlayFab 2014, Redmond (United States), Acquired	Backend platform for online games	$15.7M	Benchmark, Startup Capital Ventures & 4 others	48/100
4th	Primal Space Systems 1997, Raleigh (United States), Series A	Game and interactive content streaming	$8M	-	44/100
5th	Chilli Connect 2016, Dundee (United Kingdom), Acquired	Provider of cloud-based backend service & live operation platform	$450K	Techstart Ventures, Ascension & 1 others	41/100
6th	Heroic Labs 2015, London (United Kingdom), Seed	Backend service provider for game developers	$120K	Y Combinator, Accelerator Academy	37/100
7th	Metaplay 2019, Helsinki (Finland), Unfunded	Provider of a backend solution platform for game developers	-	-	34/100
8th	Game Sparks 2013, Dublin (Ireland), Acquired	Backend-as-a-Service platform for the games	-	Shirlaws	32/100
9th	Snapser 2022, San Francisco (United States), Seed	Provider of a customizable backend platform for game development	-	Andreessen Horowitz	31/100
10th	Ludos Protocol 2018, Singapore (Singapore), Funding Raised	Decentralized gaming ecosystem provider	-	Du Capital	30/100