Pragma
PrivateLast Round
VC Round
Mar 11, 2025
Total Funding Raised
$38.2M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Pragma is a software development company that provides a backend-as-a-service (BaaS) platform for video game developers to build, scale, and operate online, live-service, and multiplayer games.
Sector
Media, Entertainment & Gaming
Verticals
Gaming, Platform-as-a-Service, Cloud Infrastructure
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Application
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.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
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, Series A |
| 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.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Pragma's valuation, stock price, and market status.