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ProbablyMonsters

ProbablyMonsters

ProbablyMonsters is an Issaquah, Washington-based game development studio.

OverviewStructured DataIssuesContributors

Contents

probablymonsters.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Video game developer
Video game developer
Location
Issaquah, Washington
Issaquah, Washington
Bellevue, Washington
Bellevue, Washington
B2X
B2C
B2C
CEO
Harold Ryan
Harold Ryan
Founder
Harold Ryan
Harold Ryan
Pitchbook URL
pitchbook.com/profiles...327349-36
Legal Name
ProbablyMonsters, Inc.
Number of Employees (Ranges)
201 – 500
Email Address
info@probablymonsters.com
Phone Number
+14258180777
Full Address
6420 282ND AVE SE ISSAQUAH WA 98017
CIK Number
1,791,784
Investors
Luther King Capital Management
Luther King Capital Management
‌
LKCM Headwater
Jerry Jones
Jerry Jones
‌
David Oxford
Founded Date
2016
Total Funding Amount (USD)
268,800,000
Latest Funding Round Date
September 1, 2021
Competitors
Bandai Namco Holdings
Bandai Namco Holdings
‌
Codename Entertainment
‌
HitPoint Studios
GAME PILL
GAME PILL
5th Planet Games
5th Planet Games
Atari
Atari
THQ
THQ
Sony Interactive Entertainment
Sony Interactive Entertainment
...
Business Model
Commerce
Latest Funding Type
Series A
Series A

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
250,000,000
Overview

ProbablyMonsters is a video game studio intended to unite, guide, and empower talented game developers and gamers. The company's studios are identity-customized around the type of game experience they create. The development studios use an inclusive hiring and development model that has attracted a reported 300 developers across three studios. These studios are for the three games being developed by ProbablyMonsters. The company works to be a culture-first, triple-A game development studio.

The company was founded in 2016 by CEO Harold Ryan, who was the previous head of game studio Bungie.

Development studios

ProbablyMonsters used the funding the company raised to split the teams of developers into three different studio divisions. These include Firewalk, Cauldron, and an unnamed third team. In addition to developing these studios, the funding is being used to increase the head count of the different studios to accelerate their development growth.

Firewalk

One of the development studios that has been developed under ProbablyMonsters, Firewalk, is developing a game project. This development team entered an agreement with Sony Interactive Entertainment to develop a multiplayer AAA game. This development team is headed by Tony Hsu, who previously worked at Activision.

In April 2023, Sony Interactive Entertainment announced it entered into an agreement with ProbablyMonsters to acquire Firewalk for an undisclosed amount.

Cauldron

The Cauldron team is developing a single-player adventure game intended to evolve with and around the player. This development team is headed by industry veterans from Destiny and God of War. This development studio is headed by Dave Matthews, formerly a lead character artist at Sony Computer Entertainment and director at Bungie and WB Games.

Unnamed team

The third development team was unveiled in October 2020 and was launched to work on what the development studio calls a new kind of open-world cooperative role-playing game. The development team is led by John Dunbar and Marsh Lefler, who both cofounded Runic Games; Allen Fong, another Runic Games designer; and Patrick Blank, an original lead level designer on the Borderlands game. The game has been named Battle Barge and has yet to be released as of April 2023.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

A Sustainable and People-First Gaming Company in the Pacific Northwest | ProbablyMonsters

https://www.probablymonsters.com/coverage/2022/01/14/a-sustainable-and-people-first-gaming-company-in-the-pacific-northwest/

Web

January 15, 2022

Harold Ryan's ProbablyMonsters Announces First Two Game Studios

Todd Spangler

https://variety.com/2019/gaming/news/harold-ryan-probablymonsters-game-studios-1203363392/

Web

October 9, 2019

ProbablyMonsters CEO: How to manage multiple triple-A game projects | ProbablyMonsters

https://www.probablymonsters.com/coverage/2021/05/28/probably-monsters-ceo-how-to-manage-multiple-triple-a-game-projects/

Web

May 28, 2021

ProbablyMonsters Launches New Business Plan For Gaming Industry | ProbablyMonsters

https://www.probablymonsters.com/coverage/2019/10/09/probablymonsters-launches-new-business-plan-for-gaming-industry/

Web

October 9, 2019

ProbablyMonsters Raises $200 Million In Record-Breaking Series-A Game Funding

Matt Gardner

https://www.forbes.com/sites/mattgardner1/2021/09/01/probablymonsters-raises-200-million-in-record-breaking-series-a-game-funding/?sh=c488b491e2b5

Web

September 1, 2021

References

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