Theorycraft Games

Making the deepest games in the world

Los Angeles, United States · Founded 2020 · $225.0M raised

Employees
11–50
Founded
2020
Business Model
B2C
Total Funding
$225.0M
Last Round
$50.0M Series BJun 2026
Rounds
4

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 4 funding rounds and 7 investors for this company. The full record is or through the API.

About

Theorycraft Games is an independent game studio founded in 2020 by gaming industry veterans Michael Evans, Joe Tung, Areeb Pirani, and Moby Francke, with offices in Los Angeles (Santa Monica) and Seattle. The studio's debut game, SUPERVIVE, is a fast-paced action battle royale with deep build crafting and multi-squad teamfights. Theorycraft raised $37.5M in Series A funding in March 2021 and additional capital in a Series B round. The studio is on a mission to build the deepest multiplayer games in the world — games that serve fundamental human needs for belonging, creativity, and mastery. With a team of approximately 11-50 people, Theorycraft emphasizes small, elite teams building high-quality, infinitely replayable experiences.

Summary

Theorycraft Games is a Gaming company based in Los Angeles, United States, founded in 2020. It has raised $225.0M in total across 4 rounds, most recently a $50.0M Series B round in Jun 2026. Investors include Makers Fund, NetEase and Andreessen Horowitz.

Tech & App Stack

4 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

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Funding History

Series BSeries BJun 2026
$50.0M

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Funding: Series A through Series B. Amounts, valuations, and investors where available.

Investors

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