Copenhagen, Capital Region, Denmark
modl.ai delivers game technology that accelerates game development and enhances player engagement around the world.
- Revenue
- $4.1M
- Year founded
- 2018
- Team size
- 37
As of September 2026, Latka tracks 18 game development software companies with $1M–$5M in annual revenue. They have combined revenues of $41.7M and employ 511 people. They have raised $16.2M.
Every company below sells game development software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Game Development Software encompasses tools and frameworks used for creating video games across various platforms, including PCs, consoles, and mobile devices. This category typically includes game engines, IDEs (Integrated Development Environments), and graphic design tools that support various stages of game creation, from initial concept and design to programming, testing, and publishing. Developers use these tools to design game mechanics, create immersive graphics, and build engaging user experiences. Primary use cases for game development software involve designing characters and environments, coding game logic, testing gameplay mechanics, and deploying games to different platforms. Common buyer personas include game developers, designers, and project managers who seek reliable tools to enhance productivity and streamline the development process. The typical features found in these software solutions often include asset management, scripting support, real-time rendering, and collaboration tools that facilitate teamwork among developers, artists, and sound designers.
Sorting: Highest -> Lowest
Showing 10 of 18 companies ranked by annual revenue.
Copenhagen, Capital Region, Denmark
modl.ai delivers game technology that accelerates game development and enhances player engagement around the world.
Leça da Palmeira, Porto, Portugal
Didimo is the world’s leading provider of advanced automated solutions for the 3D character creation in game development. Our tools allow game studios, companies, software developers, collaboration platforms, and app builders to easily generate thousands of unique, diverse 3D characters in their art style to populate their gaming worlds. Popul8 is our full-featured generative AI character creation tool that accelerates game production with unlimited & unique AI-generated characters. Characters can now be created in minutes rather than weeks, saving months of development time and up to 80% of character budgets. And Popul8 is designed to deliver within a game’s unique aesthetic and technical specifications, making it an easy tool for development teams to adopt. Didimo is led by founder and CEO Verónica Orvalho, PhD, whose career at the cutting edge of research in computer graphics has uncovered many new ways to interact virtually, instilling trust and empathy in digital communication. Her inventions have been used by Universal Studios, Sony, Microsoft, and Amazon as well as in European and Portuguese funded research projects. Didimo is on a mission to allow technology to feel more human - enabling the richness of human communication to enhance every virtual interaction.
Boston, Massachusetts, United States
Beamable enables game makers to easily add social, commerce and content management features to their games.
San Francisco, California, United States
Ramen VR is transforming game development with advanced XR + AI tools.
New York, New York, United States
Lucra is the leading technology provider of gamification services. Our B2B technology facilitates cash, e-commerce, or cashless contests within consumer platforms. Lucra's white-label Software Development Kit (SDK) provides partners with a comprehensive, turnkey solution to embed gamification technology directly into their platforms. This innovation offers features previously unavailable to enterprise Partners, including natively integrated real-money, free-to-play, and peer-to-peer contests within their platforms.
Malmo, Sweden
Developer of a cloud-based gaming platform designed to build scalable and persistent virtual worlds. The company's platform plugs into the favorite game engine to a determined real world as well as handles everything including automatic scaling, persistence, load balancing and running artificial intelligence in the cloud, enabling users to have an open, accessible and democratized process for making and playing connected games.
Tokyo, Tokyo, Japan
Developer of virtual reality technologies. The computer offers a software for fluid analysis and 3D environment construction.
Mostoles, Madrid, Spain
Provider of digital content development software. The company provides content generation technology and artificial intelligence for digital content creation to the entertainment industries.
Los Angeles, California, United States
Croquet is on a mission to enable the rapid multiplayer evolution of the web and gaming. It delivers the Multiplayer Platform for Web and Gaming and its transformational new Synchronized Computation Architecture creates bit-identical user experiences that are synchronized, low latency, low bandwidth and innately multiuser by moving compute from the server "beyond the edge" to user devices. It makes development of multiuser experiences for web and gaming simple for 17M+ JavaScript developers on more than 200,000,000 active websites. Croquet was named "Startup To Watch" at the AWE Conference in May 2022 and received the WEBXR Platform of the Year at the Polys Awards in March 2023. The company was formed in 2019. It is funded by SIP Global Partners and a group of experienced technology and financial industry veterans. Visit croquet.io.
Latka tracks 18 game development software companies with $1M–$5M in annual revenue. Together they generate $41.7M in annual revenue and employ 511 people.
modl.ai is the largest, with $4.1M in annual revenue, founded in 2018.
The average game development software company in this list makes $2.3M a year, across 18 companies with reported revenue.
Ranked by annual revenue, the leaders are modl.ai, Didimo, Beamable, Ramen VR and Lucra Sports.
The 18 game development software companies with $1M–$5M in annual revenue tracked here have raised $16.2M in disclosed funding between them.
- Must provide tools for designing game assets and environments - Should include features for programming and scripting game logic - Must support testing and debugging of games during development - Should allow for deployment across multiple platforms, such as PC, console, and mobile - Not just for game distribution; must also facilitate the development and design phases of game production
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