Startup profile · funding coverage
One More Game funding, valuation and investors
Remote game studio building Spellcraft, a competitive online strategy game.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
$22M · April 2022
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$22M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a · Remote (USA/Europe)
Overview
One More Game is an independent game studio developing Spellcraft, an online competitive strategy title blending real-time tactics with collectible spell mechanics. Founded by veterans of Warcraft III and Diablo, the team operates fully remote. a16z led the seed round; Lightspeed Venture Partners led a $22M Series A in April 2022 with a16z and Griffin Gaming Partners participating. The studio aims to create a spectator-friendly esports format in the strategy genre, a space dominated historically by MOBAs and RTS titles with few recent breakout hits.
Why One More Game is interesting
Warcraft and Diablo veterans raised a16z seed then a $22M Lightspeed-led Series A (2022) to invent a new competitive strategy genre — fully remote studio before remote work was default in games.
Product & use cases
Spellcraft is One More Game's debut title — a competitive online strategy game where players build spell decks and fight real-time tactical battles. Designed for PC with esports viewership and deep meta progression.
- Competitive ranked play in a new strategy subgenre
- Content creator and esports viewing around spell-based tactics
- Remote-friendly game development as a studio operating model
- Cross-platform expansion if Spellcraft gains traction post-launch
Key facts
- Series A (Apr 2022): $22M led by Lightspeed; a16z and Griffin Gaming participated — PR Newswire
- Seed led by a16z — PR Newswire
- Fully remote studio founded by Warcraft/Diablo veterans
- Developing Spellcraft as debut competitive strategy title
- Co-investors not in VCT directory: Griffin Gaming Partners, Animal Capital, Cleo Capital
Funding history (newest first)
Series A
2022-04 $22MInvestors in our directory
Funds linked from One More Game's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Founding team's Blizzard RTS/strategy pedigree and remote-first cost structure; a16z + Lightspeed + Griffin Gaming syndicate signals investor belief in genre innovation.
Strategy esports has few recent greenfield successes vs MOBA/shooter dominance. One More Game bets a Warcraft-era design team can modernize the format for streaming-native audiences. Capital from 2022 Series A funds long development cycles; launch timing and live-service retention will determine ROI.
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Riot Games (TFT/LoL) incumbent
Dominates competitive strategy-adjacent formats; high bar for new entrants.
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Blizzard (Warcraft/StarCraft legacy) incumbent
Former employer of founders; legacy RTS audience is reference point but Blizzard product cadence slowed.
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Supercell adjacent
Mobile strategy hits (Clash Royale); different platform but overlapping casual-competitive players.
Notable stories
- One More Game was structured as remote-first from founding — unusual for AAA-adjacent game studios in 2021 before industry-wide remote normalization.
- Lightspeed's lead of Series A paired consumer VC (a16z) with gaming-specialist Griffin Gaming Partners, a common syndicate pattern for genre-bet studios.
Industries
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