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Pragma
Backend engine for multiplayer & social games
- 21-100 employees
- B2B
- Gaming
- SaaS
- Cloud Computing
- Los Angeles, CA
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Company mission
To support the most ambitious studios in the world by delivering a platform that tackles some of the hardest problems in gaming and social.
33% employee growth in 12 months
Our take
Pragma offers game studios a range of applications that allow them to build, operate, and scale live, social games. Despite only launching in 2020, the platform already boasts an impressive stable of customers including Wonderstorm (The Dragon Prince), and Midnight Society (Co-founded by people behind Halo and Call of Duty).
As the need increases for new games to be multiplayer and cross-platform enabled, it’s clever of Pragma to offer a back end toolkit that can take care of much of this infrastructure development. Essentially, small to midsize studios can focus more on actual game development and vastly reduce launch times.
The people behind the startup are no strangers to the $200 billion gaming industry, which goes some way in explaining its early stage performance and impressive fundraises. CTO Chris Cobb was an Engineering Lead at the hugely successful Riot Games, while CEO Eden Chen founded well known immersive studio Fishermen Labs.
It looks as though Pragma’s plan to target the growing number of smaller breakout studios led by well known creators is a good strategy for the time being at least, as the company looks to gradually expand its range of products.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Employee ownership
- Unlimited paid time off and paid parental leave.
- Full medical, dental, and vision coverage
- Home office cost coverage to make your home office epic. Coworking cost coverage for those that can’t work from home.
- Annual retreat to meet together somewhere around the world, all expenses paid.
Funding (last 2 of 3 rounds)
Oct 2021
$22m
SERIES B
Apr 2021
$12m
SERIES A
Total funding: $38.2m
This company has top investors
Leadership
Eden Chen
(CEO)Forbes 30 under 30 & TEDx speaker. Prior to Pragma, founded and led Fishermen Labs, a fast-growth immersive studio specializing in AR, VR, Mobile App, and Web Development. Also founded LA-based hedge fund of Lightmark Capital, gaining recognition from Bloomberg as one of the country's top young hedge fund managers.
Chris Cobb
(President & CTO)Decorated Software Engineer who spent three years at PopCap Games, before moving to Riot Games as Lead Engineer, where they worked predominantly on player and community experiences for League of Legends. Co-founded and was CEO of Bot School Inc (acquired by Phoenix Labs, 2019).