Riot Games
operating company · company profileSeries A · 33 people tracked
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Investment thesis
Riot Games is a video game developer and publisher known for League of Legends, VALORANT, Teamfight Tactics, Legends of Runeterra, and Wild Rift, and the creator of the animated series Arcane.
Source: firm website, verified Aug 3, 2026.
Team · 33 people
from the firm's website & curatedFounder mafia
The Riot Games mafia →29 people who came through Riot Games went on to found or lead other companies.
What they invest in
from 8 of 13 portfolio companiesGaming ×6Consumer ×2Fintech ×2Media & Entertainment ×2B2B Marketplaces ×1Crypto & Web3 ×1
HQs:United States×9
Investments · 13 tracked
founders shown can be your intro pathBy year:2023 · 22022 · 22021 · 32018 · 22017 · 211 dated
Believer is a game development studio with a team of experienced game designers, engineers, and artists creating video games.
GamingLos Angeles, US
Michael Chow(Founder)inSteven Snow(Founder)
Co-investorsAlumni VenturesAndreessen HorowitzBitkraft Esports VenturesCleveland AvenueLightspeed Venture PartnersNext Legacy Partners+2 more
Blitz Esports produces educational video content on competitive gaming titles and operates a League of Legends coaching application that analyzes gameplay through computer vision to provide real-time decision-making feedback to players.
ConsumerMedia & EntertainmentSan Francisco, US
Jonathan Lin(Founder)inRick Ling(Founder)inJulia Merz
Co-investorsY CombinatorAdvancit CapitalBoxGroupCrosscut VenturesGreylock PartnersHouse+1 more
Carry1st provides payment processing, game distribution, and marketing services for publishers entering African and Middle Eastern markets.
B2B MarketplacesFintechGaming
Lucy Hoffman(Founder)inCordel Robbin-Coker(Founder)Tinotenda Mundangepfupfu(Founder)
Co-investorsBitkraft Esports VenturesSony Ventures CorporationAlumni VenturesAndreessen HorowitzAvenir Growth CapitalCapria Ventures+18 more
Double Loop Games is a women-led mobile game studio building free-to-play, narrative-focused titles, with a mobile-first game currently in soft launch.
GamingSan Francisco, US
Shelby Moledina(Co-Founder, COO, Game Director)Matthew Huard(CTO)
BoardEmily Greer(Co-Founder, CEO)in
Co-investorsHiro CapitalLondon Venture PartnersGOAL Ventures
The site promotes the Mostbet mobile application, a gambling app offering sports betting, casino games, poker, and eSports wagering for Android and iOS users.
ConsumerGamingLos Angeles, US
Alexander Mistakidis(CEO)inCarter Minshull(CTO)in
Co-investorsY CombinatorIndex VenturesM VenturesMaC Venture CapitalSkycatcher Fund
Klang is a game studio that builds large-scale virtual worlds and online game services, including back-end infrastructure and clients used to access those services.
Gaming
Ívar Emilsson(Founder)inOddur Snær Magnússon(Founder)Mundi Vondi(Founder)Oddur Magnusson(Founder)Steve Wozniak(Founder)Ulrich Kaminski(Founder)
Co-investorsBitkraft Esports VenturesMakers FundMosaic VenturesNew Life VenturesNorthzoneRoosh Ventures+6 more
Mainframe provides software development and marketing services for decentralized finance protocols, specializing in parameter optimization to improve capital efficiency, fees, risk management, and incentive structures.
Crypto & Web3FintechSan Francisco, US
Co-investorsCrowberry CapitalTechstarsAndreessen HorowitzBase Case CapitalStellation CapitalWEEKEND
Wicked Saints Studio is a game development studio that designs narrative-driven, interactive story games, including its World Reborn project.
GamingMedia & EntertainmentMedford, US
Jessica Murrey(CEO & Co-Founder)inThomas Gewecke(Director)inAlicia Clifton(COO & Co-Founder)in
Co-investorsAUTHENTIC VENTURESBronze InvestmentsOregon Venture FundOriginsPortland Seed FundRogue Womens Fund+3 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Believer EntertainmentLast GameboardLiminal ExperiencesOZ, USSMASHsolar
Portfolio news
latest coverage across their companiesWicked Saints Studios · finance.yahoo.com · Apr 30, 2026
Frequently asked questions
- How many investments has Riot Games made?
- Riot Games has 13 tracked investments, 1 of which have exited.
- What stage does Riot Games invest at?
- Riot Games invests at the Series A stage.
Media · Podcasts & interviews
featuring the teamBuilding Great Experiences for Players: A Never Ending Quest - Riot Games, Marc Merrill | DICE 2025
IGN · Marc Merrill
Marc Merrill (Riot Games Co-Founder) Talks Riot MMO During Interview [November 30, 2023]
TheRiotMMO · Marc Merrill
Riot Games Co-Founder Marc Merrill on Building a Gaming Empire With League Of Legends #shorts
Aarthi and Sriram · Marc Merrill
OFFLINETV HAVING FUN WITH THE OWNER OF RIOT GAMES MARC MERRILL AND BRANDON BECK - FT TYLER1
The Twitcher · Brandon Beck
Marc Merrill | Riot Games | 2018
TheLeapTV · Marc Merrill
Marc Merrill Reveals the Unique Story Behind the Creation of Riot Games
100 Thieves Valorant · Marc Merrill
Images
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