Founded in 2011, FACEIT has quickly become the leading platform for online competitions in PvP multiplayer games. With over 1,500,000 users and continuous exponential growth it now hosts over 1,500 tournaments and 4,000,000 game sessions per month. The company has been growing form the initial team of 5 to over 35 in the last 12 months and keeps growing at an exponential rate. The young founding team is supported by an experienced management team and an advisory board of gaming veterans. Our common passion for online games helped us becoming a close group of people that share this culture of “working hard and playing harder”. We had tons of fun building the company from scratch and never stopped. If you are interested in joining us, beware that in order to become part of our small and precious family you will need to pass several challenges, including playing at least once a day with one of the supported games and survive our weekly gaming session!
Greater London, GB
Size (employees)
92 (est)-1%
FACEIT was founded in 2011 and is headquartered in Greater London, GB
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FACEIT Office Locations

FACEIT has an office in Greater London
Greater London, GB (HQ)
2 Throgmorton Ave
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FACEIT Financials and Metrics

Summary Metrics

Founding Date


Total Funding

$17 m

Latest funding size

$15 m

Time since last funding

2 years ago


FACEIT's latest funding round in January 2016 was reported to be $15 m. In total, FACEIT has raised $17 m
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FACEIT Financials

FACEIT's revenue was reported to be £9.28 m in FY, 2016

Revenue (FY, 2016)

9.3 m

Gross profit (FY, 2016)

3.4 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(3.8 m)

EBITDA (FY, 2016)

(3.8 m)

EBIT (FY, 2016)

(4 m)

Cash (31-Dec-2016)

447.1 k
GBPFY, 2015FY, 2016


3.1 m9.3 m

Cost of goods sold

899.8 k5.9 m

Gross profit

2.2 m3.4 m

Gross profit Margin, %

GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


80.7 k703 36.5 k9 m447.1 k

Accounts Receivable

63.8 k69.2 k76.7 k387.5 k4.6 m

Current Assets

144.5 k70 k113.2 k9.6 m5.8 m


1.7 k9 k4.9 k56.1 k583.1 k
GBPFY, 2015FY, 2016

Net Income

(721.7 k)(3.8 m)

Cash From Operating Activities

147.3 k(6.1 m)

Cash From Financing Activities

9.2 m(1.4 m)

Net Change in Cash

9 m(8.5 m)
GBPY, 2016


162.5 k

Financial Leverage

2.1 x
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