Shift UP - About the company
Shift UP is a public company based in Seoul (South Korea), founded in 2013. It operates as a Developer of action adventure role-playing and mobile collectible card games. Shift UP has raised $26.4M in funding from Kakao Ventures and Tencent. The company has 335 active competitors, including 41 funded and 47 that have exited. Its top competitors include companies like Scopely, CCP Games and FunPlus.
Sectors and market segments that Shift UP operate in
Shift UP serves in the Mobile, Gaming market segments.The primary business model of Shift UP are:Company Details
Developer of action adventure role-playing and mobile collectible card games. It creates titles for various platforms. The company focuses on developing intellectual properties for cross-platform use. It produces games featuring science fiction and fantasy themes.
- Website
- shiftup.co.kr
- Email ID
- *****@shiftup.co.kr
Key Metrics
Founded Year
2013
Location
Seoul, South Korea
Stage
Public
Total Funding
$26.4M in 3 rounds
Latest Funding Round
Investors
Ranked
21st among 335 active competitors
Exit Details
Public
Legal entities associated with Shift UP
Shift UP is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Shift Up Co., Ltd. CIN: 230-81-03325 , South Korea, Active | Dec 31, 2013 | - | - | - |
Shift UP's IPO details
Shift UP got listed on Jul 11, 2024.
Click here to take a look at Shift UP's IPO in detail
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Shift UP's funding and investors
Shift UP has raised a total funding of $26.4M over 3 rounds. Its first funding round was on Jul 20, 2016. Its latest funding round was a Series B round on Dec 16, 2022 for an undisclosed amount. 1 investor participated in its latest round. Shift UP has 6 institutional investors.
Here is the list of recent funding rounds of Shift UP:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 16, 2022 | Undisclosed | Series B | - | - | - | |
Jul 10, 2022 | Undisclosed | Series B | $1B | - | - | |
Jul 20, 2016 | $26.4M | Series A | - | - | - |
View details of Shift UP's funding rounds and investors
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Shift UP's Competitors and alternates
Top competitors of Shift UP include Scopely, CCP Games and FunPlus. Here is the list of Top 10 competitors of Shift UP, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Scopely 2011, Culver City (United States), Acquired | Developer of interactive entertainment and video games across multiple platforms | $1.02B | 84/100 | |
2nd | Developer of science fiction massively multiplayer online role-playing and strategy games | $106M | 79/100 | ||
3rd | FunPlus 2010, San Francisco (United States), Acquired | Developer of interactive entertainment experiences across multiple genres for global users | $87M | 78/100 | |
4th | Animoca Brands 2006, Kowloon (China), Series C | Developer of blockchain-based PC and mobile games | $880M | 74/100 | |
5th | Electronic Arts 1982, Redwood City (United States), Acquired | Developer of interactive entertainment software, games, and online content | - | 74/100 | |
6th | Blizzard Entertainment 1994, Irvine (United States), Unfunded | Developer of online games across multiple platforms and game genres | - | - | 70/100 |
7th | Rebellion 1992, Oxford (United Kingdom), Funding Raised | Video game development studio | - | 70/100 | |
8th | Super Evil Megacorp 2012, San Mateo (United States), Series B | Developer of cross-platform video games powered by proprietary game engine | $76.5M | 68/100 | |
9th | Futureplay Games 2015, Helsinki (Finland), Acquired | Developer of online games across multiple platforms and gaming services | $2.93M | 68/100 | |
10th | Million Victories 2017, Lyon (France), Series A | Mobile game developer focusing on core games | $50.9M | 65/100 | |
21st | Shift UP 2013, Seoul (South Korea), Public | Developer of action adventure role-playing and mobile collectible card games | $26.4M | 57/100 |
Looking for more details on Shift UP's competitors? Click here to see the top ones
Shift UP's Investments and acquisitions
Shift UP has made no investments or acquisitions yet.
Reports related to Shift UP
Here is the latest report on Shift UP's sector:
News related to Shift UP
Media has covered Shift UP for a total of 8 events in the last 1 year, 4 of them have been about company updates and 1 about people movement.
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Shift Up Acquires Shinji Mikami's Studio Unbound to Expand Publishing and Development CapabilitiesGame Developer•Apr 01, 2026•Shift UP, Unbound, Studio Unbound, Unbound
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Shift Up CEO: AI is key to competing with China’s game industry scalePocket Gamer•Jan 14, 2026•Shift UP
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Stellar Blade Sequel May Launch on PCs Day-One After PS5 Exclusive DebutNotebookcheck Publishing GmbH•Nov 21, 2025•Shift UP
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ShiftUp Announces ShiftUp AI Revenue Intelligence on Salesforce AppExchangeBusiness Wire•Nov 11, 2025•Shift UP
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ShiftUp Assembles World-Class Technical Leadership Team with Strategic HiresBusiness Wire•Jul 15, 2025•Shift UP, Salesforce
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Shift Up revenue up 30% to $151m in 2024 despite decrease in Goddess of VictoryPocket Gamer•Feb 11, 2025•Shift UP
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Stellar Blade sued by Stellarblade.Sony has a problemgospodarka.sos.pl•Sep 24, 2024•Shift UP, Stellarblade
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SHIFT UP Corporation’s IPO and Listing on the Korea ExchangeGlobal Legal Chronicle•Jul 23, 2024•Shift UP, Paul Hastings
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