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Faceit

Faceit

Faceit is an independent competitive gaming platform.

OverviewStructured DataIssuesContributors

Contents

faceit.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Video game industry
Video game industry
Online gaming
Online gaming
Gaming
Gaming
Entertainment
Entertainment
Video game
Video game
Streaming media
Streaming media
Location
London
London
B2X
B2C
B2C
0
B2B
B2B
AngelList URL
angel.co/faceit-1
Pitchbook URL
pitchbook.com/profiles...115460-02
Legal Name
FACE IT Limited0
Legal classification
United Kingdom
United Kingdom
Number of Employees (Ranges)
51 – 200
Number of Employees
2200
Full Address
Millbank Tower Faceit 25th Floor 21-24 Millbank London SW1P 4QP England, United Kingdom
Investors
Makers Fund
Makers Fund
United Ventures
United Ventures
0
Founded Date
2011
0
Total Funding Amount (USD)
12,000,000
Latest Funding Round Date
August 25, 2019
Competitors
Exeedme
Exeedme
Wellfound ID
faceit-1
Country
United Kingdom
United Kingdom

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
12,000,000
Wikidata ID
Q30634181
FACEIT

FACEIT is an esports platform founded in London in 2012. The company has administered leagues for games such as Counter-Strike: Global Offensive, League of Legends, Rocket League, Tom Clancy's Rainbow Six Siege, Dota 2 and Team Fortress 2.

In 2022, it was announced that FACEIT and esports company ESL were being acquired by Savvy Gaming Group (SGG), a holding company owned by Saudi Arabia's Public Investment Fund. As part of the acquisition, the two companies are set to merge and form the ESL FaceIt Group.

Esports Championship Series

In April 2016, FACEIT announced the launch of their Counter-Strike: Global Offensive tournament, known as the Esports Championship Series (ECS). In April 2017, the company partnered with the video sharing platform YouTube for the series. ECS was one of the two premier Counter-Strike leagues, along with ESL Pro League.

The series was discontinued in 2020, replaced by a franchise-based league called Flashpoint. It features 12 teams and a US$2,000,000 buy in spot, and offers co-ownership and revenue sharing to competing teams.

FACEIT Major

On 22 February 2018 Valve, the developers and owners of the Counter-Strike, announced that FACEIT would host the thirteenth Global Offensive major, the FACEIT Major: London 2018. London 2018 began in mid-September and concluded on 23 September 2018. It was the first Major hosted by FACEIT and the first Major hosted in the United Kingdom. It had a US$1,000,000 prize pool and the playoff stage was held in Wembley Arena. In the finals, Astralis defeated Natus Vincere to win its second Major title.

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Funding Rounds

Products

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SBIR/STTR Awards

Patents

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