EVOS Esports
EVOS Esports is a Singapore-incorporated, Indonesia-headquartered competitive esports organization operating tier-A teams in Mobile Legends: Bang Bang and Free Fire, and monetizing its fan base through sponsorships, merchandise, academy training, and game-currency top-ups.
- Company typePrivate
- Founded2016
- HeadquartersSingapore, Singapore
- Headcount101–250
- GTM typeB2C
- OfferingServices
What EVOS Esports does
EVOS Esports is a Singapore-domiciled, Indonesia-headquartered competitive esports organization operating as PT Evos Esports Indonesia since 2016. The company manages four tier-A competitive teams — EVOS Glory and EVOS Icon in Mobile Legends: Bang Bang (MPL competition), and EVOS Divine and EVOS Holy in Free Fire (FFWS SEA competition) — alongside a structured talent development pipeline (EVOS Academy) at its Jakarta training facility. Championships include WPLS 2023 and MPL Season 1, with EVOS Divine advancing to the FFWS SEA Spring 2024 Grand Finals in Vietnam.
Beyond competitive play, EVOS operates a multi-product ecosystem anchored on its fan community ("EVOS Fams"): an official merchandise storefront at shop.evos.gg, a game-currency Top-Up platform (evostopup.gg) for Mobile Legends and Free Fire diamonds, and a paid Academy training program with publicly priced 1-month (IDR 500,000) and 3-month (IDR 1,350,000) coaching packages. Distribution occurs through owned e-commerce and direct academy sales, layered onto a digital marketing footprint across Instagram, Facebook, X, YouTube, TikTok, Discord, Telegram, and WhatsApp.
The business model combines four revenue streams: (1) brand sponsorship and partnership revenue from undisclosed commercial partners supporting team jerseys, events, and content; (2) merchandise sales of jerseys and fan gear via the online shop; (3) transaction fees on in-game currency top-ups; and (4) professional-services revenue from Academy training. To date, EVOS has raised approximately $16.4M across three rounds (2018, 2019, $4.4M led by Insignia Ventures Partners; 2020, $12M Series A led by Korea Investment Partners). Founders Ivan Yeo (CEO), Hartman Harris, and Michael Widjaya lead the organization alongside CSO Teng Jen Ang.
EVOS Esports firmographics
Firmographics- Name
- EVOS Esports
- Legal name
- PT Evos Esports Indonesia
- Website
- https://evos.gg
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- EVOS Esports is a Singapore-incorporated, Indonesia-headquartered competitive esports organization operating tier-A teams in Mobile Legends: Bang Bang and Free Fire, and monetizing its fan base through sponsorships, merchandise, academy training, and game-currency top-ups.
- Ownership category
- akta.pro rank
EVOS Esports industry classification
Industry- Product category
- Esports & Competitive Gaming
- NAICS
- Spectator Sports (71121)
- SIC
- Services-Miscellaneous Amusement & Recreation (7990), Services-Amusement & Recreation Services (7900)
- akta.pro primary industry
- Esports Teams & Player Organizations (MPAFADAB)
- akta.pro secondary industries
- Franchise-Based Esports Leagues (MPAKANAC), Esports Tournament Sponsorships & Partnerships (MPAGANAM), Esports Platforms & Competitive Gaming Networks (BPAMAKAH), Esports & Competitive Gaming Programs (EDALAIAO)
Keywords
Where EVOS Esports is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
EVOS Esports business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure
Revenue model
- Team Sponsorships: Brand partnerships with sponsors who invest resources to support the esports organization and gain visibility through team branding, jersey placements, and event participation.
- Merchandise Sales: Sale of official EVOS branded merchandise including jerseys and fan gear through the online shop at shop.evos.gg.
- Game Top-Up Services: EVOS operates evostopup.gg platform for game currency top-ups (Mobile Legends Diamonds, Free Fire Diamonds), serving the gaming community with fast, secure transactions.
- Academy Training Programs: Paid esports training programs for aspiring pro players, including 1-month and 3-month packages with coaching, curriculum, and official EVOS Academy merchandise.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | 1-Month Training Package |
| Subscription | Multi-year contract | 3-Month Training Package |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
EVOS Esports product offering
Product offeringCore offering
EVOS Esports operates professional competitive esports teams across Mobile Legends: Bang Bang and Free Fire, with rosters such as EVOS Glory, EVOS Icon, EVOS Holy, and EVOS Divine. It monetizes these teams through sponsorship deals, fan engagement, and merchandise, and complements the competitive operation with an EVOS Academy training program, an EVOS Top-Up digital platform for purchasing in-game currency, and an EVOS Merchandise online store selling branded apparel and collectibles.
Product overview
EVOS Esports is a Southeast Asia esports organization operating as a platform of game-specific competitive teams and supporting services. The core portfolio includes four professional teams: EVOS Glory (Mobile Legends MPL), EVOS Divine (Free Fire FFWS), EVOS Icon (Mobile Legends), and EVOS Holy (Free Fire). These teams compete in tier-A regional tournaments. The organization extends its offering through EVOS Academy, a talent development program with structured coaching and curriculum; EVOS Top Up, a digital currency top-up service for Mobile Legends and Free Fire; and an official merchandise store featuring jerseys and branded apparel. EVOS also provides a newsletter subscription for fan engagement. The products operate under a unified brand while serving distinct competitive and commercial functions.
Differentiator
Problem solved
Functional benefit
Brands
- EVOS Academy: Esports training and development academy program that nurtures young esports talents in Indonesia, offering systematic curriculum and professional coaching.
Quantifiable outcome
- Successfully developed academy graduates who now compete in Tier-A competitions (EVOS Douma, EVOS Anavel, EVOS Clawkun)
Companies that use EVOS Esports
Customer profileSegments3 records
Ideal customer profiles3 records
EVOS Esports technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
EVOS Esports partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Undisclosed PartnersundisclosedEVOS Esports maintains partnerships with a diverse range of companies who provide investment, shared ideas, and resources to support the organization's growth and community development. The partners page acknowledges their commitment beyond revenue generation, though specific partner names are not publicly disclosed on the website.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
EVOS Esports competitors and assessment
Company assessmentDirect peers
- RRQ (Rex Regum Qeon): Indonesian-rooted esports organization competing head-to-head with EVOS in MPL (Mobile Legends) and across SEA tournaments; one of the most direct competitors for talent, franchise slots, and sponsorship budgets in the region.
- ONIC Esports: Major Indonesian and SEA esports organization fielding competitive Mobile Legends teams in MPL; competes directly with EVOS Glory, EVOS Icon, and EVOS Holy for league standings and sponsorships.
- Blacklist International: Philippines-based esports organization competing in MPL and other SEA tournaments; comparable in scale, multi-title focus, and brand-led monetization to EVOS, with overlapping sponsor and talent markets.
- Boom Esports: Indonesian esports organization with competitive Mobile Legends and other SEA tournament rosters; directly comparable business model of team operations plus regional brand sponsorship.
Regional players
- Talon Esports: Pan-Asian esports organization with operations across multiple SEA markets including Mobile Legends; overlaps with EVOS in tournament participation and regional sponsorship targeting, with broader multi-region footprint.
Broad incumbents
- Team Liquid: Global incumbent esports organization with a far larger portfolio of teams, content, and sponsorships; comparable business model of brand-led team operations, but at significantly greater scale and geographic reach than EVOS.
- T1 Entertainment & Sports: Global esports powerhouse (formerly SKT T1) operating multiple tier-A teams across titles including Mobile Legends-adjacent titles in Asia; comparable team-organization and sponsorship-led revenue model at a much larger scale.
- Fnatic: Global esports organization with broad title coverage and brand-led revenue; comparable as a multi-game team operator and merchandising/sponsorship monetization, though with a primarily Western footprint.
Others
- Aurionplay / Moonton (publisher partner): Publisher of Mobile Legends: Bang Bang, which controls MPL franchise rights, prize pools, and tournament formats; not a competitor but the ecosystem gatekeeper on which EVOS's core teams depend.
- Garena / Free Fire (publisher partner): Publisher of Free Fire and operator of FFWS SEA tournament series; the second of two publishers whose rules and franchise allocations materially shape EVOS's competitive and revenue opportunity set.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
EVOS Esports social profiles
Digital presenceEVOS Esports financial estimates
Financial estimateRevenue estimate
Valuation estimate
EVOS Esports leadership team
Management profileNumber of profiles
Profiles4 records
EVOS Esports funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EVOS Esports M&A and investment
M&A and investmentM&A
Investments9 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EVOS Esports
What does EVOS Esports do?
EVOS Esports operates professional competitive esports teams across Mobile Legends: Bang Bang and Free Fire, with rosters such as EVOS Glory, EVOS Icon, EVOS Holy, and EVOS Divine. It monetizes these teams through sponsorship deals, fan engagement, and merchandise, and complements the competitive operation with an EVOS Academy training program, an EVOS Top-Up digital platform for purchasing in-game currency, and an EVOS Merchandise online store selling branded apparel and collectibles.
Is EVOS Esports a public or private company?
EVOS Esports is a private company. It is classified as venture growth investor backed and is currently operating.
When was EVOS Esports founded?
EVOS Esports was founded in 2016. It employs 101 to 250 people.
Where is EVOS Esports based?
EVOS Esports is headquartered in Singapore, Singapore, in the Asia region.
How does EVOS Esports make money?
Four revenue lines are on record. Team Sponsorships are the primary driver. The others are merchandise Sales, game Top-Up Services and academy Training Programs.
Who are EVOS Esports's main competitors?
Direct peers on record are RRQ (Rex Regum Qeon), ONIC Esports, Blacklist International and Boom Esports. Talon Esports is listed as a regional player. Broad incumbents are Team Liquid, T1 Entertainment & Sports and Fnatic. Others are Aurionplay / Moonton (publisher partner) and Garena / Free Fire (publisher partner).
Does EVOS Esports have an API?
No public API is recorded for EVOS Esports.
What industry is EVOS Esports in?
EVOS Esports's product category is Esports & Competitive Gaming. Its primary akta.pro industry code is MPAFADAB, Esports Teams & Player Organizations, with a secondary code of MPAKANAC, Franchise-Based Esports Leagues. Its NAICS code is 71121 and its SIC code is 7990.