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Riot Games

operating company · company profile

Series 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.

Stage
Series A
Tracked investments
13
Acquisitions
1

Team · 33 people

from the firm's website & curated
Abhi Ramprasad· Chief Strategy Officer
Andrei van Roon· Studio Head, League of Legendsin
Andy Ho· EP, VALORANT
Anna Donlon· Studio Head, VALORANT
Chengran Chai· EP, Riftboundin
Christian Linke· Head of Animation Studio
David Xu· EP, League of Legends: Wild Riftin
Emily Winkle· Chief People Officer
Hoby Darling· President
Leo Lin· Head of China Studioin
Mark Sottosanti· Chief Financial Officer
Sarah Schutz· Head of Global Publishing
Tom Cannon· EP, 2XKO

28 people who came through Riot Games went on to found or lead other companies.

+ 16 more →

What they invest in

from 8 of 13 portfolio companies

Gaming ×6Consumer ×2Fintech ×2Media & Entertainment ×2B2B Marketplaces ×1Crypto & Web3 ×1

HQs:United States×9

Investments · 13 tracked

founders shown can be your intro path

By year:2023 · 22022 · 22021 · 32018 · 22017 · 211 dated

Believerbeliever.gginMar 2023 · $55M

Believer is a game development studio with a team of experienced game designers, engineers, and artists creating video games.

GamingLos Angeles, US

Michael Chow(Chief Executive Officer)in

Co-investorsAlumni VenturesAndreessen HorowitzBitkraft Esports VenturesCleveland AvenueLightspeed Venture PartnersNext Legacy Partners+3 more

Blitz Esportsblitzesports.comin𝕏SeedAcquired

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)in

Co-investorsY CombinatorAdvancit CapitalBoxGroupCrosscut VenturesGreylock PartnersHouse+1 more

Carry1stcarry1st.comin𝕏May 2021

Carry1st provides payment processing, game distribution, and marketing services for publishers entering African and Middle Eastern markets.

B2B MarketplacesFintechGaming

Lucy Hoffman(Founder)in

Co-investorsBitkraft Esports VenturesSony Ventures CorporationAlumni VenturesAndreessen HorowitzAvenir Growth CapitalCapria Ventures+17 more

Double Loop Gamesdoubleloopgames.comMay 2021 · $8M

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

Gamelynxgamelynx.ggin𝕏Seed · May 2018 · $1.2MDefunct

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(Founder/CEO)inCarter Minshull(Founder/CTO)in

Co-investorsY CombinatorIndex VenturesM VenturesMaC Venture CapitalSkycatcher Fund

Klangklang-games.comin𝕏Jun 2017

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(CTO / Co-Founder)

Co-investorsBitkraft Esports VenturesMakers FundMosaic VenturesNew Life VenturesNorthzoneRoosh Ventures+5 more

Mainframemainframe.coinNov 2021 · $23M

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 Studioswickedsaints.studio𝕏Sep 2023 · $3.5M

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 companies

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 team

Building 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

Riot Games photoRiot Games photoRiot Games photoRiot Games photoRiot Games photoRiot Games photo

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