Today we celebrate the achievement of another important milestone in our adventure: Scopely has raised $200M in Series D financing led by NewView Capital. We’ve more than doubling our valuation over the past year, thanks to the passion and commitment of our Scopeleans to ‘Seize the Play’.
As a profitable and growing business, this strategic financing will be used to accelerate our M&A and investment strategy, further expanding our already diverse portfolio of games across new genres and IP.
“With our business continuing to scale and the durability of our flagship properties, we are more bullish than ever on further expanding our portfolio through M&A. This funding round adds the financial support to pursue large-scale acquisition opportunities,” said Walter Driver, Scopely Co-CEO.
Javier Ferreira, Scopely Co-CEO added, “The continued interest in our business is a great validation of both our momentum this past year and the fundamental strength of Scopely. We plan to continue to create and deliver the very best game experiences that are an important part of people’s lives – now on an even greater scale.”
Mobile gaming is now the biggest and fastest-growing category in interactive entertainment, generating more than the worldwide box office. The continued interest in our business is great validation of our momentum, due to your hard work.
Thank you to our investors, new and returning: NewView Capital, Canada Pension Plan Investment Board, Baillie Gifford, Greycroft Partners, Revolution Growth and Sands Capital Ventures among others, for your support in helping us achieve our goals.
You can read more about this exciting announcement via BusinessWire.