Startup profile · funding coverage
Odyssey Interactive funding, valuation and investors
Game studio behind Omega Strikers, a free-to-play 3v3 knockout competitive title.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
$19M · October 21, 2022
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$25M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a · Waterloo, Ontario, Canada
Overview
Odyssey Interactive is an independent game studio founded in 2020 by former Riot Games leads who worked on League of Legends and Teamfight Tactics. Its debut title, Omega Strikers, is a free-to-play 3v3 competitive knockout game with cross-play and cross-progression across PC, mobile, and consoles. a16z led a $6M seed in 2020; Makers Fund led a $19M Series A in October 2022 with a16z participating. The studio is based in Waterloo, Ontario, and targets a younger, mobile-first competitive audience with approachable mechanics and esports-style depth.
Why Odyssey Interactive is interesting
Ex-Riot League of Legends and TFT leads raised $6M seed and $19M Series A from a16z and Makers Fund — shipping cross-platform competitive knockouts without a AAA publisher.
Product & use cases
Odyssey Interactive develops Omega Strikers, a team-based knockout sports-fighting hybrid where three-player squads compete to score and eliminate opponents. The game launched open beta on PC in 2022 and expanded to mobile and consoles with shared accounts and matchmaking.
- Casual-to-competitive multiplayer sessions on mobile or PC
- Cross-platform play with friends on different devices
- Free-to-play competitive gaming without console-first exclusivity
- Community esports and content creator tournaments around Omega Strikers
Key facts
- Series A (Oct 2022): $19M led by Makers Fund; a16z participated — BusinessWire
- Seed (2020): $6M led by a16z — BusinessWire
- Founders: Dax Andrus, David Capurro, Eric Lawless, Richard Henkel — ex-Riot LoL/TFT leads
- Omega Strikers open beta launched PC Sep 2022; full cross-platform launch targeted Feb 2023
- Co-investors not in VCT directory: Makers Fund, Anthos Capital, Mitch Lasky (angel)
Funding history (newest first)
Series A
2022-10-21 $19M- Makers Fund (lead)
- Andreessen Horowitz (participant)
Investors in our directory
Funds linked from Odyssey Interactive's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Founding team shipped billion-player Riot titles and understands live-service balance, ranked systems, and cosmetic monetization. Cross-platform day-one strategy targets Gen Z mobile-native competitors.
Free-to-play competitive games live or die on retention, matchmaking, and monetization without pay-to-win backlash. Odyssey enters a crowded mobile and cross-platform market against well-funded incumbents. Its edge is veteran Riot live-service DNA and a focused 3v3 format. Long-term success requires sustained content updates and community — typical for indie studios post-Series A.
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Rocket League adjacent
Established cross-platform competitive sports game; larger player base but older IP and Psyonix/Epic ownership.
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Brawl Stars direct
Supercell’s mobile 3v3 brawler; dominates casual competitive mobile with strong live ops.
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Multiversus adjacent
Platform fighter with Warner Bros IP; competed for free-to-play fighting audience before service changes.
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Riot Games (in-house) incumbent
Former employer of entire founding team; Riot’s own titles set bar for polish and live-service cadence.
Notable stories
- All four co-founders worked together as senior leaders on League of Legends and Teamfight Tactics at Riot before leaving to start Odyssey in Waterloo — a rare full-squad spinout from one AAA studio.
- Omega Strikers was designed as a “knockout striker” genre blend to be watchable for esports and approachable on mobile — positioning between fighting games and sports titles.
Industries
Related funding articles
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