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EPIC GAMES
Epic Games
Game Development · Cary, North Carolina · United States · Founded · 1991 · ≈ · 13,000 · employees

Epic Games: Company Profile & Valuation

Private

Epic Games, headquartered in United States, remains privately held in the game development space. Its most recent disclosed valuation is $22.5B (post-money). The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Epic Games at a glance
Last valuation
$22.5B
POST-MONEY · FEB 2024
Raised across rounds
$8.1B
8 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
SP500—
SP500-PERP · live
Valuation history

Epic Games valuation history

3 valuations. The latest, $22.5B post-money, was set by the Disney Strategic Investment in Feb 2024.

$22.5B
Jul 2020
$17.9B
Strategic investment · post-money
Apr 2022
$32B
Secondary Investment · post-money
+79% vs prior valuation
Feb 2024
$22.5BLATEST
Disney Strategic Investment · post-money
−30% vs prior valuation
Latest valuation
$22.5Bpost-money
Set by the Disney Strategic Investment · 7 Feb 2024
×1.3since the $17.9B Strategic investment in Jul 2020
Valuations
3
Priced rounds with a valuation
Event type
Primary round
The Disney Strategic Investment · $1.5B raised
Undated: Series F at —; Series E at $28.7B (post-money); Series E at $17.3B (post-money).
Funding history

Epic Games funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series D
Jun 2012
$330M
—
Tencent
—
Series E
Oct 2018
$1.2B
—
KKR, ICONIQ Capital
—
Strategic investment
Jul 2020
$250M
$17.9B
Sony
—
Secondary Investment
Apr 2022
—
$32B
KKR
+79.2%
Disney Strategic Investment
Feb 2024
$1.5B
$22.5B
The Walt Disney Company
−29.7%
Series F
—
$2B
—
Sony Group Corporation, KIRKBI
—
Series E
—
$1B
$28.7B
Sony Group Corporation
—
Series E
—
$1.8B
$17.3B
Baillie Gifford, Fidelity Management & Research Company, Ontario Teachers' Pension Plan Board
—
Epic Games · investors

Investors

Baillie GiffordLEADFFidelity Management & Research CompanyLEADOOntario Teachers' Pension Plan BoardLEADSSony Group CorporationLEADKKIRKBILEADTThe Walt Disney CompanyLEADKKRLEADSSonyLEADIICONIQ CapitalLEADTencentLEADKKIRKBIMMaquarie
Will Epic Games IPO?
Founded
1991
Jun 2012
Series D
Feb 2024
Disney Strategic Investment · $22.5B
IPO
Not announced
No filing has been made.
Epic Games — the private market
Last valuation$22.5B · post-money · Feb 2024
Total raised$8.1B
Lead investors
Baillie GiffordFidelity Management & Research CompanyOntario Teachers' Pension Plan BoardSony Group Corporation
IPO statusNot announced
Founded · HQ1991 · Cary, North Carolina · United States
Employees≈ 13,000
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Epic Games

Epic Games makes Unreal Engine, the 3D engine used across the game industry, and operates Fortnite, one of the world's largest online games. Founded by Tim Sweeney in 1991 as Potomac Computer Systems and based in Cary, North Carolina, the studio also runs the Epic Games Store and owns developers Psyonix, Mediatonic and Harmonix.

Guinness World Records named Unreal Engine the "most successful videogame engine" in 2014, and the company reached a $32 billion equity valuation in April 2022. Tencent and the Walt Disney Company each hold minority stakes, while Sweeney remains the controlling shareholder.

The money screen · ranked by accessibility

How to get Epic Games exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Epic Games.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Epic Games availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Epic Games included.

No account needed

Epic Games stock — frequently asked questions

What is Epic Games's valuation?›

The last valuation is $22.5B (post-money, Feb 2024).

Who has invested in Epic Games?›

Lead investors for each round are in the funding timeline.

Who are Epic Games's competitors?›

The closest game development peers are on the competitors page.

How can I get exposure to Epic Games?›

The routes section explains what is realistically available for a company at this stage.

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