Gamefam

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Gamefam
TypePrivate
IndustryVideo games
Founded2019; 4 years ago (2019)[1]
Founders
  • Joe Ferencz
Headquarters,
Key people
  • Joe Ferencz (CEO)
ProductsVideo games
BrandsRoMonitor
Number of employees
100+ (March 2022)[2]
Subsidiaries
WebsiteGamefam.com

Gamefam is an American video game developer and is the first professional company to utilize Roblox as a video game development platform.[1]

History

Gamefam was founded in 2019 in Los Angeles, California, United States by Joe Ferencz, the current CEO. Ferencz was originally involved with bringing Hot Wheels into the Forza series and Rocket League, and while doing so, he was watching Roblox's success as a free-to-play video game platform.[3] Explaining his reason for founding Gamefam, Ferencz told TechCrunchRoblox truly is the metaverse for this younger generation. What that means is that each game needs to have a very distinctive and attractive immersion to it, in a way that mobile free-to-play doesn’t."[1] The company is described by Ferencz as the “first and only fully-dedicated, professional game publishing company on Roblox.”[4]

In November 2020, Gamefam partnered with Mattel to develop Hot Wheels Open World on Roblox, which is a Hot Wheels-themed open world racing game.[5][6]

In October 2021, Gamefam partnered with WowWee to create toys for their popular Roblox game Twilight Daycare.[7]

In November 2021, Gamefam announced in an interview with Forbes partnered with WildBrain to start integrating various brands into their portfolio of Roblox titles.[8]

In March 2022 Gamefam announced they have raised $25 million in its Series A funding round, which was led by Konvoy Ventures and participated in by Play Ventures, Makers Fund, Bessemer Venture Partners and Galaxy Interactive.[2] This has made Gamefam the highest valued publisher on the Roblox platform.[citation needed]

In the same month, Gamefam also partnered with Sega to develop Sonic Speed Simulator on Roblox, which is a Sonic-themed game.[9] The peaked at over 350,000 concurrent users with overall positive feedback.[citation needed]

Games

Gamefam's current games include:[10]

References

  1. ^ a b c Ha, Anthony (11 March 2021). "Gamefam aims to be the first big gaming company built on Roblox". TechCrunch. Retrieved 23 September 2021.
  2. ^ a b Holt, Kris (23 March 2022). "Gamefam, Publisher Of Hit Roblox Games Like Twilight Daycare, Raises $25 Million In Its Series A Round". Forbes. Retrieved 23 March 2022.
  3. ^ Grubb, Jeff (5 April 2021). "Roblox is so lucrative that it has attracted professional studios like Gamefam". VentureBeat. Retrieved 23 September 2021.
  4. ^ Obedkov, Evgeny (7 April 2021). "Gamefam is publisher that helps Roblox developers generate six-figure revenues". Game World Observer. Retrieved 23 September 2021.
  5. ^ "Mattel, Gamefam Team for Roblox Hot Wheels Game". License Global. 19 November 2020. Retrieved 23 September 2021.
  6. ^ Maier, Erik (20 November 2020). "Gaming Roundup | Hot Wheels built a game inside of a different game". Autoblog. Retrieved 23 September 2021.
  7. ^ "WowWee and Gamefam Announce Partnership Geared at Bringing the Metaverse to the Doll Aisle". Yahoo Finance. 14 October 2021. Retrieved 29 October 2021.
  8. ^ "Kid-Vid Power WildBrain Spark To Handle Ad Sales For Gamefam Titles On Roblox". Forbes. 8 November 2021. Retrieved 12 November 2021.
  9. ^ "Gamefam Studios twitter announces partnership with Sega". Twitter. 13 April 2022. Retrieved 13 April 2022.
  10. ^ "Games". Gamefam. Retrieved 18 March 2022.