A new unicorn company has joined the ranks of privately-held startups with over $1 billion dollar valuations, and this time it’s a neighbor of Comparably’s here in Los Angeles.
Mobile game development studio Scopely is now officially a unicorn company. The designation comes with the news of a fresh $200 million in funding, which puts the company’s valuation at $1.7 billion. This latest infusion continues an upward trend in funding for Scopely: $55 million in financing in 2016, $60 million in 2017, and $100 million last year. Growth-stage venture capital firm NewView led the most recent funding round, marking that organization’s first major investment in the gaming world.
Scopely is also coming off a run of six $100 million dollar grossing mobile games, and it will use this new infusion of capital to continue and accelerate the acquisition and development process, according to reports.
Based on anonymous employee scores on Comparably, Scopely workers rate the company highly in several key areas. Employees rate their CEO, Walter Driver, among the top 5% among similar-sized companies. 90% of their employees are confident about their company’s future success, and 93% say they’re excited about going to work every day.
Scopley employees say:
“Hands-on, deep sense of accountability and care put into working cross-functionally.” – Leadership review
“Scopely is a fast-paced environment where everyone has high expectations and strives to meet them. The bar is set high, but there is no shortage of teamwork to help us meet and exceed goals. The culture at Scopely rewards creativity, calculated risk, and forward-thinkers.” – Environment review
“The salary is incredibly competitive.” – Compensation review