
Griffin Gaming Partners
Description
Griffin Gaming Partners is a prominent venture capital firm dedicated to investing across the expansive global gaming ecosystem. Established by industry veterans Peter Levin, Phil Sanderson, and Nick Tuosto, the firm has rapidly positioned itself as a leading capital provider for companies ranging from innovative game developers to critical infrastructure providers and emerging platforms. Their investment thesis spans all stages of company growth, from early-stage seed rounds to significant growth equity investments, reflecting a comprehensive approach to supporting the evolution of interactive entertainment.
The firm has demonstrated substantial fundraising success, underscoring its commitment and influence within the sector. Following an initial fund of $235 million in 2019, Griffin Gaming Partners successfully closed its second fund in 2022 with a substantial $750 million, bringing their total assets under management to over $1 billion at that time. Most recently, in 2024, they announced the closing of their third fund at $400 million, pushing their total capital under management to over $1.5 billion. This robust financial backing enables them to make significant strategic investments.
Griffin Gaming Partners typically deploys initial checks ranging from $5 million to $50 million, with the capacity for substantial follow-on investments as portfolio companies scale. Their portfolio includes over 70 companies, featuring notable names such as Discord, AppLovin, and Forte, among many others that are shaping the future of gaming. The firm's deep industry expertise and extensive network provide considerable value to its portfolio companies, helping them navigate market dynamics, accelerate growth, and achieve strategic milestones within the dynamic and rapidly expanding global gaming landscape.
Investor Profile
Griffin Gaming Partners has backed more than 51 startups, with 7 new investments in the last 12 months alone. The firm has led 24 rounds, about 47% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series B rounds (top funding stages).
- Majority of deals are located in United States, India, Israel.
- Strong thematic focus on Gaming, Video Games, Blockchain.
- Led 5 rounds in the past year.
- Typical check size: $5M – $50M.
Stage Focus
- Series A (35%)
- Seed (33%)
- Series B (12%)
- Series Unknown (12%)
- Series C (4%)
- Series E (2%)
- Series D (2%)
Country Focus
- United States (59%)
- India (6%)
- Israel (6%)
- Turkey (6%)
- France (6%)
- Thailand (4%)
- United Kingdom (4%)
- The Netherlands (2%)
- Germany (2%)
- Sweden (2%)
Industry Focus
- Gaming
- Video Games
- Blockchain
- Pc Games
- Developer Platform
- Esports
- Software
- Online Games
- Metaverse
- Information Technology
Frequently Asked Questions
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