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!
Company Growth (employees)
Type
Private
HQ
Greater London, GB
Founded
2011
Size (employees)
90 (est)+4%
FACEIT was founded in 2011 and is headquartered in Greater London, GB

FACEIT Office Locations

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

FACEIT Financials and Metrics

Summary Metrics

Founding Date

2011

Total Funding

$17 m

Latest funding size

$15 m

Time since last funding

over 1 year

Investors

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

FACEIT Financials

FACEIT's revenue was reported to be £9.3 m in FY, 2016 which is a 203% increase from the previous period.
GBP

Revenue (FY, 2016)

9.3 m

Gross profit (FY, 2016)

3.4 m

Gross profit margin (FY, 2016), %

37%

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

Revenue

3.1 m9.3 m

Cost of goods sold

899.8 k5.9 m

Gross profit

2.2 m3.4 m

Gross profit Margin, %

71%37%
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

80.7 k70336.5 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

PP&E

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

      Revenue/Employee

      162.5 k

      Financial Leverage

      2.1 x
      Show all financial metrics

      Traffic Overview of FACEIT

      FACEIT Online and Social Media Presence

      FACEIT Company Life and Culture

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