What is 1047 Games?
1047 Games is the developer behind Splitgate, a high-velocity, sci-fi multiplayer shooter that integrates portal-based strategic movement with traditional first-person combat. Built on the Unreal Engine 4 framework, the title has carved out a distinct niche by blending tactical depth with fast-paced action. Since its founding in 2019, the company has focused on delivering a seamless, cross-platform experience via Steam, catering to both casual players and competitive gaming enthusiasts. The studio's market position is defined by its ability to iterate rapidly on core gameplay loops, effectively utilizing its recent influx of investment to refine its technical stack and expand its player base.
How much funding has 1047 Games raised?
1047 Games has raised a total of $126.5M across 4 funding rounds:
Multiple Rounds
$126.5M
Other Financing Round (2021): $6.5M with participation from Lakestar, VGames, and 1Up Ventures
Unspecified (2021): $10M led by Human Capital
Unspecified (2021): $100M, investors not publicly disclosed
Unspecified (2021): $10M featuring Human Capital
Key Investors in 1047 Games
Human Capital
Human Capital is a venture firm that invests in and helps build engineering teams for engineering-centric startups, with a track record of supporting companies before they reach unicorn status.
Lakestar
Lakestar is a venture capital firm dedicated to partnering with visionary tech entrepreneurs to fund innovative ideas and companies that shape modern life, focusing on sectors such as Deep Tech and Digitalisation.
VGames
vgames is a venture fund dedicated to supporting game entrepreneurs, leveraging extensive experience with both emerging and established developers to nurture founders from ideation to growth.
What's next for 1047 Games?
With the recent infusion of capital, 1047 Games is poised to enter a critical scaling phase. The strategic focus will likely shift toward long-term player retention, content pipeline optimization, and potential expansion into new gaming platforms. By aligning with top-tier venture partners, the studio is equipped to navigate the complexities of the global entertainment market, focusing on sustainable growth and the continued evolution of the Splitgate franchise. Future initiatives will likely prioritize technical stability and the integration of advanced features to maintain a competitive edge in the crowded multiplayer shooter market.
See full 1047 Games company page
