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Dream Games valuation, funding and investors

Dream Games works in mobile game development, based in Şişli, Turkey. Founded in 2019, it has about 472 employees.

Tech Companies Şişli Private Equity
VALUATION · TODAY
$2.86B −1% after Series C
Range $399M – $5.41B · Grade D
TODAY
+12 MO
$2.00B
$4.00B
$6.00B
2020
2021
2022
2023
2024
2025
2026
2027
Seed $7.50M
Series A $50.0M
Series B $155M
Series C $255M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY472 employees
+24%6m growth
+27%1y growth
+57%2y growth
200
400
600
Data from Jan 2021
TODAY
Predicted in 1 yr $2.82B −1% vs today
Predicted next raise $648M if a round comes
Winding-down probability 0%
Last round
Series C · $255M · Jan 2022
Valuation at last round
$2.75B
Headcount
472 · up
Grade
D
Founded
2019
How VCMC values companies →

Dream Games valuation today

VCMC values Dream Games at $2.9B today, with a range of $399M to $5.4B and a grade of D. The valuation starts from its last funding round, a Series C round in Jan 2022.

Valuation by date (98 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Dream Games: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2019$6.28M$2.29M – $17.3M$7.76M (+24%)before first round–unknownD0%
1 Feb 2019$6.45M$2.35M – $17.7M$7.83M (+21%)before first round–unknownD0%
1 Mar 2019$6.61M$2.41M – $18.2M$7.90M (+19%)before first round–unknownD0%
1 Apr 2019$6.79M$2.47M – $18.6M$7.97M (+17%)before first round–unknownD0%
1 May 2019$6.97M$2.54M – $19.1M$8.04M (+15%)before first round–unknownD0%
1 Jun 2019$7.16M$2.61M – $19.7M$8.11M (+13%)before first round–unknownD0%
1 Jul 2019$7.34M$2.67M – $20.2M$8.19M (+11%)before first round–unknownD0%
1 Aug 2019$7.42M$2.70M – $20.4M$8.26M (+11%)before first round–unknownD0%
1 Sep 2019$7.49M$2.73M – $20.6M$8.34M (+11%)before first round–unknownD0%
1 Oct 2019$7.55M$2.75M – $20.7M$8.41M (+11%)before first round–unknownD0%
1 Nov 2019$7.62M$2.77M – $20.9M$8.49M (+11%)before first round–unknownD0%
21 Nov 2019$41.1M$26.9M – $125M$82.0M (+100%)after a round–unknownC0%
1 Dec 2019$41.8M$26.9M – $125M$82.0M (+96%)after a round–unknownC0%
1 Jan 2020$44.4M$26.9M – $125M$82.0M (+85%)after a round–unknownC0%
1 Feb 2020$47.1M$26.9M – $125M$82.0M (+74%)after a round–unknownC0%
1 Mar 2020$49.7M$26.9M – $125M$82.0M (+65%)after a round–unknownC0%
1 Apr 2020$52.8M$26.9M – $125M$82.0M (+55%)after a round–unknownC0%
1 May 2020$55.8M$26.9M – $125M$82.0M (+47%)after a round–unknownC0%
1 Jun 2020$59.2M$26.9M – $125M$82.0M (+38%)after a round–unknownC0%
1 Jul 2020$62.7M$26.9M – $125M$82.0M (+31%)after a round–unknownC0%
1 Aug 2020$66.5M$26.9M – $125M$82.0M (+23%)after a round–unknownC0%
1 Sep 2020$70.5M$26.9M – $125M$82.0M (+16%)after a round–unknownC0%
1 Oct 2020$74.7M$26.9M – $125M$82.0M (+10%)after a round–unknownC0%
1 Nov 2020$79.2M$26.9M – $125M$82.0M (+4%)after a round–unknownC0%
1 Dec 2020$82.0M$26.4M – $125M$82.0M (0%)after a round–unknownC0%
1 Jan 2021$82.0M$25.1M – $125M$82.0M (0%)after a round22unknownC0%
1 Feb 2021$82.0M$23.9M – $125M$82.0M (0%)after a round22unknownC0%
1 Mar 2021$170M$120M – $434M$306M (+80%)after a round22unknownC0%
2 Mar 2021$170M$120M – $434M$306M (+80%)after a round22unknownC0%
1 Apr 2021$179M$120M – $434M$306M (+71%)after a round22flatC0%
1 May 2021$187M$120M – $434M$306M (+63%)after a round22flatC0%
1 Jun 2021$197M$120M – $434M$306M (+55%)after a round22flatC0%
1 Jul 2021$1.0B$869M – $1.7B$1.5B (+50%)after a round22flatB0%
1 Aug 2021$1.0B$869M – $1.7B$1.5B (+45%)after a round22flatB0%
1 Sep 2021$1.1B$869M – $1.7B$1.5B (+40%)after a round22flatB0%
1 Oct 2021$1.1B$869M – $1.7B$1.5B (+35%)after a round22flatB0%
1 Nov 2021$1.1B$869M – $1.7B$1.5B (+31%)after a round22flatB0%
1 Dec 2021$1.2B$869M – $1.7B$1.5B (+26%)after a round22flatB0%
1 Jan 2022$1.2B$869M – $1.7B$1.5B (+22%)after a round22flatB0%
19 Jan 2022$2.8B$2.4B – $4.1B$3.6B (+30%)after a round22flatA0%
1 Feb 2022$2.8B$2.4B – $4.1B$3.6B (+29%)after a round22flatA0%
1 Mar 2022$2.8B$2.4B – $4.1B$3.6B (+26%)after a round22flatA0%
1 Apr 2022$2.9B$2.4B – $4.1B$3.6B (+23%)after a round120growingA0%
1 May 2022$3.0B$2.4B – $4.1B$3.6B (+21%)after a round120growingA0%
1 Jun 2022$3.0B$2.4B – $4.1B$3.6B (+18%)after a round120growingA0%
1 Jul 2022$3.1B$2.4B – $4.1B$3.6B (+16%)after a round120growingA0%
1 Aug 2022$3.2B$2.4B – $4.1B$3.6B (+13%)after a round120growingA0%
1 Sep 2022$3.2B$2.4B – $4.1B$3.6B (+11%)after a round120growingA0%
1 Oct 2022$3.3B$2.4B – $4.1B$3.6B (+8%)after a round120growingA0%
1 Nov 2022$3.4B$2.4B – $4.1B$3.6B (+6%)after a round120unknownA0%
1 Dec 2022$3.5B$2.4B – $4.1B$3.6B (+4%)after a round120unknownA0%
1 Jan 2023$3.7B$2.4B – $4.3B$3.8B (+1%)after a round150upA0%
1 Feb 2023$3.8B$2.4B – $4.3B$3.8B (0%)after a round150upA0%
1 Mar 2023$3.8B$2.4B – $4.3B$3.8B (0%)after a round150upB0%
1 Apr 2023$3.8B$2.4B – $4.3B$3.8B (0%)after a round150upB0%
1 May 2023$3.8B$2.3B – $4.3B$3.8B (0%)after a round150upB0%
1 Jun 2023$3.8B$2.3B – $4.3B$3.8B (0%)after a round150upB0%
1 Jul 2023$3.8B$2.3B – $4.3B$3.8B (0%)after a round150upB0%
1 Aug 2023$3.8B$2.3B – $4.3B$3.8B (0%)after a round150upB0%
1 Sep 2023$3.8B$2.3B – $4.3B$3.8B (0%)after a round150upB0%
1 Oct 2023$4.0B$2.7B – $4.7B$4.0B (0%)after a round210growingA0%
1 Nov 2023$4.0B$2.8B – $4.7B$4.0B (0%)after a round210growingA0%
1 Dec 2023$4.0B$2.8B – $4.7B$4.0B (0%)after a round210growingA0%
1 Jan 2024$4.0B$2.9B – $4.7B$4.0B (0%)after a round210growingA0%
1 Feb 2024$4.0B$2.7B – $4.7B$4.0B (0%)after a round210growingA0%
1 Mar 2024$4.2B$2.8B – $4.8B$4.2B (0%)after a round240growingA0%
1 Apr 2024$4.2B$2.8B – $4.8B$4.2B (0%)after a round240growingA0%
1 May 2024$4.2B$2.8B – $4.8B$4.2B (0%)after a round240growingA0%
1 Jun 2024$4.2B$2.8B – $4.8B$4.2B (0%)after a round240growingA0%
1 Jul 2024$4.2B$2.8B – $4.8B$4.2B (0%)after a round240growingA0%
1 Aug 2024$4.4B$3.0B – $5.0B$4.4B (0%)after a round300growingA0%
1 Sep 2024$4.4B$3.0B – $5.0B$4.4B (0%)after a round300growingA0%
1 Oct 2024$4.4B$3.0B – $5.0B$4.4B (0%)after a round300growingA0%
1 Nov 2024$4.3B$3.0B – $5.0B$4.3B (0%)after a round290growingA0%
1 Dec 2024$4.3B$3.0B – $5.0B$4.3B (0%)after a round290growingA0%
1 Jan 2025$4.3B$3.0B – $5.0B$4.3B (0%)after a round290growingA0%
1 Feb 2025$4.3B$2.6B – $5.0B$4.3B (0%)after a round290growingB0%
1 Mar 2025$4.3B$2.6B – $5.0B$4.3B (0%)after a round290growingB0%
1 Apr 2025$4.3B$2.5B – $5.0B$4.3B (0%)after a round290growingB0%
1 May 2025$4.3B$1.3B – $4.9B$4.2B (-3%)after a round290upC0%
1 Jun 2025$4.3B$1.3B – $4.9B$4.2B (-3%)after a round290upC0%
1 Jul 2025$4.3B$1.2B – $4.9B$4.1B (-3%)after a round290upC0%
1 Aug 2025$4.6B$2.5B – $5.3B$4.6B (0%)after a round371growingB0%
1 Sep 2025$4.6B$2.5B – $5.3B$4.6B (0%)after a round371growingB0%
1 Oct 2025$4.5B$1.2B – $5.2B$4.4B (-2%)after a round371upC0%
1 Nov 2025$4.6B$1.2B – $5.3B$4.6B (0%)after a round382upC0%
1 Dec 2025$4.6B$1.1B – $5.3B$4.6B (0%)after a round382upC0%
1 Jan 2026$4.6B$1.1B – $5.3B$4.6B (0%)after a round382upC0%
1 Feb 2026$4.6B$863M – $5.3B$4.6B (0%)after a round382upC0%
1 Mar 2026$4.6B$835M – $5.3B$4.6B (0%)after a round382upC0%
1 Apr 2026$4.6B$804M – $5.3B$4.6B (0%)after a round382upC0%
1 May 2026$4.8B$2.1B – $5.5B$4.8B (0%)after a round440growingB0%
1 Jun 2026$4.5B$770M – $5.2B$4.3B (-4%)after a round440upC0%
1 Jul 2026$4.5B$743M – $5.2B$4.3B (-4%)after a round440upC0%
1 Aug 2026$4.5B$716M – $5.1B$4.3B (-4%)after a round440upC0%
1 Sep 2026$4.5B$689M – $5.1B$4.3B (-4%)after a round440upD0%
1 Oct 2026$4.7B$675M – $5.4B$4.6B (-1%)after a round472upD0%
24 Oct 2026$2.9B$399M – $5.4B$2.8B (-1%)after a round472upD0%

Key facts about Dream Games

Founded
2019
Headquarters
Şişli, Turkey
Employees
about 472 +24% in a year
Total raised
$468M
Funding rounds
5
Last round
Private Equity Dec 2025

Dream Games was founded in 2019 by Eren, Hakan, Ikbal, Serdar and Soner Aydemir.

Dream Games funding history

Dream Games has 5 funding rounds on record, from Nov 2019 to Dec 2025, $468M in total. The latest disclosed valuation is $2.75B post-money (Series C, Jan 2022).

  1. Private Equity 31 Dec 2025no round page

    Led by CVC, Blackstone.

    Sources: drakestar.com, mobidictum.com

    $2.50B

  2. Series C 18 Jan 2022

    Led by Index Ventures; with Makers Fund, Institutional Venture Partners, BlackRock, Kora, Balderton Capital.

    Sources: techcrunch.com

    $255M

    $2.75B post-money

  3. Series B 30 Jun 2021

    Led by Index Ventures, Makers Fund; with Balderton Capital, Institutional Venture Partners, Kora.

    Sources: balderton.com, gamesindustry.biz, pocketgamer.biz

    $155M

    $1.00B post-money

  4. Series A 1 Mar 2021

    Led by Index Ventures; with Balderton Capital, Makers Fund.

    Sources: pocketgamer.biz, indexventures.com, balderton.com and 2 more

    $50M

  5. Seed 20 Nov 2019

    Led by Makers Fund; with Balderton Capital.

    Sources: finsmes.com, techcrunch.com, balderton.com and 5 more

    $7.5M

Dream Games investors

8 investors have backed Dream Games; Makers Fund, Index Ventures and Blackstone and 1 more led at least one round.

What Dream Games does

Dream Games works in tech companies, with 14 recorded offerings and customers in gaming.

Dream Games Dijital Teknolojiler A.Ş. is a Turkish mobile gaming company engaged in the development and distribution of mobile games. The company operates internationally, with offices in Istanbul and London, and serves a global audience. In addition to its core gaming activities, Dream Games also provides advertising and analytics services through partnerships with third-party providers.

Description from Veridion's company data.

Products and services

  • Mobile Game Development
  • Mobile Game Publishing
  • Mobile Game Services
  • Digital Entertainment Content Production
  • Interactive Gaming Experience Design
  • Mobile Advertising Campaign Optimization
  • Gaming Analytics Services
  • Global Mobile Game Distribution
  • Multi-Title Portfolio Management
  • Creative Gaming Content Production
  • Immersive Storyline Development for Mobile Games
  • Puzzle Game Design and Development
  • Character and Artwork Design for Mobile Games
  • Mobile Gaming Technology Consulting

Markets

  • Gaming

Business model

  • Business-to-Consumer
  • Entertainment
  • Enterprise

Industry codes (NAICS)

  • 513210 Software Publishers 100% match

Questions about Dream Games

What is Dream Games worth?

Valuation $2.9B (range $399M to $5.4B), as of 24 Oct 2026. The last disclosed valuation was $2.75B (Series C, Jan 2022).

Has Dream Games raised money?

Dream Games has 5 funding rounds on record, from Nov 2019 to Dec 2025, $468M in total. The latest disclosed valuation is $2.75B post-money (Series C, Jan 2022).

Who has invested in Dream Games?

Makers Fund, Index Ventures, Blackstone, CVC, Balderton Capital and Institutional Venture Partners, and 2 more. Lead investors include Makers Fund, Index Ventures, Blackstone and CVC.

How many people work at Dream Games?

About 472, up 24% over the last year. Headcount grew from 22 in Jan 2021 to 472 in Sep 2026.

What does Dream Games do?

Dream Games works in tech companies, with 14 recorded offerings and customers in gaming. Its main offerings are mobile game development, mobile game publishing and mobile game services.

When was Dream Games founded, and where is it based?

Dream Games was founded in 2019 and is based in Şişli, Turkey. It has about 472 employees, up 24% over the last year.