Funded Gaming Startups in San Francisco
The size distribution is heavily skewed by one outlier: Forte’s $185M round on 2021-05-12 is the largest disclosed amount in the 28-row view, far above the…
The size distribution is heavily skewed by one outlier: Forte’s $185M round on 2021-05-12 is the largest disclosed amount in the 28-row view, far above the next-highest disclosed rounds (Niantic’s $300M in the same view is actually the largest, so Forte is not the largest; the largest disclosed round is Niantic’s $300M on 2021-11-22). Excluding undisclosed amounts, most disclosed rounds cluster between $2M and $35M, with only a few higher datapoints such as Ramen VR’s $35M (2022-03-17) and Clockwork Labs’ $22M (2022-06-16).
The list is tightly centered geographically and temporally around San Francisco: all 28 entries are labeled San Francisco, and round dates span from 2020-03-14 (LegionFarm Group) through 2025-11-24 (Fifth Door). The stage labels show fragmentation and frequent uncertainty: “Series Unknown” appears on 5 entries (Dusk 2024-07-16, GGWP 2023-07-19, TidePool 2023-05-05, Mirror World 2022-07-07, Pocket Worlds 2021-01-28), while “undisclosed” appears on 7 entries (Forge 2024-09-17; Plutus 2024-03-10; LF Labs 2022-07-13; plus others including four more undisclosed rounds in the table).
Most recent rounds
28 shownRelated listings
Frequently asked
What is the largest disclosed round in this San Francisco gaming list, and how does it compare with the rest of the disclosed amounts?
Niantic’s $300M disclosed round on 2021-11-22 is the clear size outlier. In the same table, the next-largest disclosed amounts are much smaller, including Ramen VR’s $35M (2022-03-17) and Clockwork Labs’ $22M (2022-06-16).
Are there stage-label patterns here, and how often do rounds avoid specifying a series?
“Series Unknown” appears 5 times (Dusk 2024-07-16 $8M; GGWP 2023-07-19 $10M; TidePool 2023-05-05 undisclosed; Mirror World 2022-07-07 undisclosed; Pocket Worlds 2021-01-28 $7M). Additionally, “undisclosed” amounts appear 7 times across the table, including Forge (2024-09-17) and Plutus (2024-03-10), which limits comparability of late-stage valuation signals.
Where do the temporal edges fall across these 28 most recent rows?
The window runs from 2020-03-14 (LegionFarm Group) to 2025-11-24 (Fifth Door). The most recent disclosed datapoint is Fifth Door at $20M on 2025-11-24, followed by Brain Jar Games at $6M on 2025-10-09.
Does the dataset cluster by location or is it spread across multiple cities?
All 28 rows are explicitly tied to San Francisco (e.g., Niantic 2021-11-22, Ramen VR 2022-03-17, and Fifth Door 2025-11-24). There are no entries showing different cities within the table, so geographic concentration is complete rather than partial.
Which entries look like valuation outliers on the low end among disclosed amounts?
Among disclosed amounts (ignoring “undisclosed”), the smallest is Tallysight’s $100K on 2022-03-22. Very low disclosed rounds also show up at the $200K/ $400K level with LegionFarm Group at $200K (2020-03-14) and Jigger at $400K (2022-07-02).
How concentrated are larger disclosed rounds within the broader date span?
Several of the highest disclosed amounts are clustered in the 2021–2022 period: Forte $185M (2021-05-12), Niantic $300M (2021-11-22), Ramen VR $35M (2022-03-17), and Clockwork Labs $22M (2022-06-16). By contrast, the 2024–2025 disclosed amounts in the list (e.g., Fifth Door $20M on 2025-11-24; Brain Jar Games $6M on 2025-10-09; Curio Research $6M on 2024-08-06) sit lower than those 2021–2022 peaks.
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