Pragma
PrivateLast Round
VC Round
Mar 11, 2025
Total Funding Raised
$38.2M
Momentum Score
50 /100
Company Overview
Pragma is a technology company that provides a backend-as-a-service (BaaS) platform for video game developers. The platform is designed to help studios build, scale, and operate online, live-service, and multiplayer games more efficiently. It offers features such as cross-platform accounts, matchmaking, player data management, and social systems, allowing developers to focus on gameplay and creative elements rather than building and maintaining complex backend infrastructure. Founded in 2019 by former Riot Games and Google engineers, the company aims to democratize the tools needed to create scalable online games. Pragma is backed by venture capital firms including Insight Partners, Greylock, and Upfront Ventures.
Sector
Media, Entertainment & Gaming
Verticals
Gaming, Platform-as-a-Service, Cloud Infrastructure, DevOps & Containers
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS, Services & Consulting, Freemium
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Pragma Comps
Public and private peers based on sector, stage, and business model.
Pragma Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Mar 11, 2025 | ||||
| Series B | Oct 27, 2021 | ||||
| Series A | Apr 20, 2021 | ||||
| Seed | Mar 12, 2020 |
Key People
Founding team and executive leadership
Pragma Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Greylock Partners | Series B, VC Round |
| Upfront Ventures | Series B, Series A, VC Round, Seed |
| Advancit Capital | Series B, Seed, Series A |
| Daher Investment Management | Series B |
| Insight Partners | VC Round, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 8, 2026
Added Tangensis, Inc, a gaming startup, as a customer.
- Mar 8, 2026
Added Treehouse Games, a gaming startup, as a customer.
Pragma Filings
SEC and related filings with document metadata.
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|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Pragma's valuation, stock price, and market status.