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Small Giant Games

Full company profile

uuid00021w6

Namestring
Small Giant Games
Legal namestring
Small Giant Games
Company typeenum
Private
Founded yearint
2013
Descriptiontext

Small Giant Games is an independent mobile game development studio headquartered in Helsinki, Finland, founded in 2013. The studio builds puzzle-RPG mobile titles, with its flagship product, Empires & Puzzles, combining match-3 puzzle mechanics with epic PvE quests, base building, hero collection, and competitive PvP duels. A second title, Puzzle Combat, launched in 2020, extends the portfolio with a faster-paced, squad-based puzzle RPG featuring weapon crafting and a Battle Pass system (Path of Valor). The studio emphasises small, low-hierarchy teams, a data-driven culture, and accessible-yet-deep gameplay designed to retain players over multi-year horizons.

The company operates a freemium mobile-first go-to-market model. Empires & Puzzles is distributed globally through the iOS App Store and Google Play, with a dedicated web store extending the brand into merchandise sales. Players download and play for free; monetisation comes from in-app purchases of virtual currency, premium items, and Battle Pass progression. The studio's audience consists of mobile gamers seeking social, cooperative, and competitive experiences that can function as long-term hobbies rather than short-session casual play.

Small Giant Games was acquired by Zynga in April 2019 and now operates as a wholly-owned subsidiary under Zynga, itself owned by Take-Two Interactive. Prior to the acquisition, the company raised approximately $50.5M in equity funding across four rounds (2013–2018), with investors including EQT Ventures, Creandum, PROfounders Capital, and Spintop Ventures. Leadership includes Jose Saarniniemi (CEO), Timo Soininen (Co-founder and prior CEO), and Mikko Wilkman (CTO). The studio employs 101–250 people distributed internationally and was certified as a Great Place to Work in 2023 with 99% employee satisfaction.

Short descriptiontext

Small Giant Games is a Helsinki-based mobile game studio developing puzzle-RPG titles, primarily Empires & Puzzles, a match-3 RPG with social multiplayer. Founded in 2013 and acquired by Zynga in 2019 (now under Take-Two Interactive), it serves millions of global freemium players.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersHelsinki, Finland
HQ citystring
Helsinki
HQ countrystring
Finland
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
mobile game development, puzzle RPG games, match-3 games, freemium gaming, social multiplayer games
Industry1 code
1Strategy/4X/Management Game Studios
CodeMPAFAAAKPrimaryYes
NAICS code1 code
  • Doll, Toy, and Game Manufacturing33993
SIC code2 codes
  • Games, Toys & Children's Vehicles (No Dolls & Bicycles)3944
  • Services-Miscellaneous Amusement & Recreation7990
Product category
Mobile Gaming
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1In-App Purchases
TypeFreemium
Description

Freemium mobile game model where players download free and purchase virtual goods, premium currency, battle passes, and other in-game items

smallgiantgames.com
2Merchandise Sales
TypeHardware Sales
Description

Web store sales of merchandise related to company games

smallgiantgames.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Technology or R&D, Marketing or Sales, Operations
Pricing details1 tier
1Free-to-play with optional in-app purchases
ModelFreemiumBilling cadencePay-as-you-go
Notes

Core game is free to download and play. Optional virtual currency, premium items, and Battle Pass purchases available.

smallgiantgames.com
GTM typeB2C
B2C
Offering typeSoftware
Software
Brand1 of 2 records shown
1Empires & Puzzles
Description

An RPG combining match-3 puzzles, epic PvE quests, base building, and thrilling PvP duels.

smallgiantgames.com
+1 more record
Core offering1 text field

Small Giant Games develops and operates free-to-play mobile puzzle RPG games for a global audience. Its flagship title Empires & Puzzles combines match-3 puzzle gameplay with RPG progression, base building, PvE quests, and competitive PvP duels. The studio also offers Puzzle Combat, a fast-paced squad-based puzzle RPG featuring weapon crafting, base construction, and a Battle Pass system.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • 99% employee satisfaction rate in 2023 GPTW survey
Product overview1 text field

Small Giant Games is a mobile game developer offering a portfolio of two distinct puzzle-RPG titles. The core products are Empires & Puzzles (a match-3 RPG with base building and PvP) and Puzzle Combat (a fast-paced squad-based puzzle RPG). Both games emphasize accessible gameplay with deep social experiences. The company operates from Helsinki, Finland, and has been building mobile games since 2013.

Product and service2 records
1Empires & Puzzles
CategoryMobile Puzzle RPG
Description

A mobile RPG combining match-3 puzzles, epic PvE quests, base building, and PvP duels, designed as an accessible fantasy adventure for a broad audience of mobile gamers.

2Puzzle Combat
CategoryMobile Puzzle RPG
Description

A fast-paced, story-based puzzle RPG where players battle waves of enemies using tactical match-3 mechanics, with squad building, base construction, weapon crafting, and a Battle Pass system.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Rovio (Angry Birds franchise, now owned by SEGA) is another Finnish mobile game developer. Comparable in terms of geographic base, mobile-first casual audience, and freemium monetization, though its IP is more character/IP-driven than RPG-driven.

2King
TypeDirect peer
Description

King (owned by Activision Blizzard/Microsoft) is the dominant match-3 mobile game developer behind Candy Crush Saga. It is the most direct comparable to Small Giant's match-3 RPG formula, serving the same mobile-gamer segment with similar freemium IAP mechanics.

TypeDirect peer
Description

Supercell is a Helsinki-based mobile game studio (Clash of Clans, Brawl Stars) owned by Tencent. Comparable as a Finnish mobile-first game studio with small-team culture, freemium IAP model, and globally distributed live games.

TypeDirect peer
Description

Peak Games (owned by Zynga/Take-Two) develops match-3 puzzle games (Toon Blast, Toy Blast). Closely comparable to Small Giant's core match-3 mechanics and target audience, and now a corporate sibling under Take-Two.

TypeBroad incumbent
Description

Playtika is a broader mobile gaming publisher (Bingo Blitz, Slotomania, Wooga). Comparable as a publicly-listed mobile gaming operator with a portfolio approach to casual/social game genres that overlap with Small Giant's audience.

TypeDirect peer
Description

Playrix develops match-3 puzzle games (Gardenscapes, Homescapes) with narrative and meta-progression layered onto the core puzzle loop. Closely comparable to Small Giant's hybrid puzzle-RPG design philosophy and target audience.

TypeDirect peer
Description

Moon Active is the developer behind Coin Master, one of the top-grossing mobile games worldwide. Comparable as a mobile-first live-ops-driven studio with strong social/multiplayer loops and freemium monetization at global scale.

TypeBroad incumbent
Description

Zynga is the parent company of Small Giant Games (acquired 2019) and a Take-Two subsidiary. Comparable as the broader social/mobile gaming publisher whose portfolio (Words With Friends, Zynga Poker, CSR) overlaps with Small Giant's mobile social-casual space.

TypeDirect peer
Description

Wooga (owned by Playtika) develops story-driven puzzle games (June's Journey, Pearl's Peril). Comparable as a mobile puzzle-RPG hybrid developer serving similar casual-but-engaged demographics.

TypeDirect peer
Description

Scopely develops mobile games including Monopoly GO and Stumble Guys, operating live-ops-driven freemium titles with social/multiplayer mechanics. Comparable as a mobile studio with hit-driven portfolio and similar live-ops sophistication.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors6 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Small Giant Games

Mobile Gamingsmallgiantgames.com

Small Giant Games is a Helsinki-based mobile game studio developing puzzle-RPG titles, primarily Empires & Puzzles, a match-3 RPG with social multiplayer. Founded in 2013 and acquired by Zynga in 2019 (now under Take-Two Interactive), it serves millions of global freemium players.

What Small Giant Games does

Small Giant Games is an independent mobile game development studio headquartered in Helsinki, Finland, founded in 2013. The studio builds puzzle-RPG mobile titles, with its flagship product, Empires & Puzzles, combining match-3 puzzle mechanics with epic PvE quests, base building, hero collection, and competitive PvP duels. A second title, Puzzle Combat, launched in 2020, extends the portfolio with a faster-paced, squad-based puzzle RPG featuring weapon crafting and a Battle Pass system (Path of Valor). The studio emphasises small, low-hierarchy teams, a data-driven culture, and accessible-yet-deep gameplay designed to retain players over multi-year horizons.

The company operates a freemium mobile-first go-to-market model. Empires & Puzzles is distributed globally through the iOS App Store and Google Play, with a dedicated web store extending the brand into merchandise sales. Players download and play for free; monetisation comes from in-app purchases of virtual currency, premium items, and Battle Pass progression. The studio's audience consists of mobile gamers seeking social, cooperative, and competitive experiences that can function as long-term hobbies rather than short-session casual play.

Small Giant Games was acquired by Zynga in April 2019 and now operates as a wholly-owned subsidiary under Zynga, itself owned by Take-Two Interactive. Prior to the acquisition, the company raised approximately $50.5M in equity funding across four rounds (2013–2018), with investors including EQT Ventures, Creandum, PROfounders Capital, and Spintop Ventures. Leadership includes Jose Saarniniemi (CEO), Timo Soininen (Co-founder and prior CEO), and Mikko Wilkman (CTO). The studio employs 101–250 people distributed internationally and was certified as a Great Place to Work in 2023 with 99% employee satisfaction.

Small Giant Games firmographics

Firmographics
Name
Small Giant Games
Legal name
Small Giant Games
Website
https://smallgiantgames.com
Company type
Private
Founded year
2013
Operating status
Operating
Headcount range
101–250 employees
Short description
Small Giant Games is a Helsinki-based mobile game studio developing puzzle-RPG titles, primarily Empires & Puzzles, a match-3 RPG with social multiplayer. Founded in 2013 and acquired by Zynga in 2019 (now under Take-Two Interactive), it serves millions of global freemium players.
Ownership category
akta.pro rank

Small Giant Games industry classification

Industry
Product category
Mobile Gaming
NAICS
Doll, Toy, and Game Manufacturing (33993)
SIC
Games, Toys & Children's Vehicles (No Dolls & Bicycles) (3944), Services-Miscellaneous Amusement & Recreation (7990)
akta.pro primary industry
Strategy/4X/Management Game Studios (MPAFAAAK)

Keywords

  • Mobile game development
  • Puzzle RPG games
  • Match-3 games
  • Freemium gaming
  • Social multiplayer games

Where Small Giant Games is headquartered

Location

Headquarters

HQ city
Helsinki
HQ country
Finland
HQ region
Europe

Offices1 record

Markets served

Small Giant Games business model

Business model
GTM type
B2C
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

  1. In-App Purchases: Freemium mobile game model where players download free and purchase virtual goods, premium currency, battle passes, and other in-game items
  2. Merchandise Sales: Web store sales of merchandise related to company games

Pricing tiers

ModelBillingPrice
FreemiumPay-as-you-goFree-to-play with optional in-app purchases

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Small Giant Games product offering

Product offering

Core offering

Small Giant Games develops and operates free-to-play mobile puzzle RPG games for a global audience. Its flagship title Empires & Puzzles combines match-3 puzzle gameplay with RPG progression, base building, PvE quests, and competitive PvP duels. The studio also offers Puzzle Combat, a fast-paced squad-based puzzle RPG featuring weapon crafting, base construction, and a Battle Pass system.

Product overview

Small Giant Games is a mobile game developer offering a portfolio of two distinct puzzle-RPG titles. The core products are Empires & Puzzles (a match-3 RPG with base building and PvP) and Puzzle Combat (a fast-paced squad-based puzzle RPG). Both games emphasize accessible gameplay with deep social experiences. The company operates from Helsinki, Finland, and has been building mobile games since 2013.

Differentiator

Problem solved

Functional benefit

Brands

  • Empires & Puzzles: An RPG combining match-3 puzzles, epic PvE quests, base building, and thrilling PvP duels.
  • Puzzle Combat

Products and services

  • Empires & Puzzles A mobile RPG combining match-3 puzzles, epic PvE quests, base building, and PvP duels, designed as an accessible fantasy adventure for a broad audience of mobile gamers.
  • Puzzle Combat A fast-paced, story-based puzzle RPG where players battle waves of enemies using tactical match-3 mechanics, with squad building, base construction, weapon crafting, and a Battle Pass system.

Quantifiable outcome

  • 99% employee satisfaction rate in 2023 GPTW survey

Companies that use Small Giant Games

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Small Giant Games technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Small Giant Games partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Small Giant Games competitors and assessment

Company assessment

Direct peers

  • Rovio Entertainment: Rovio (Angry Birds franchise, now owned by SEGA) is another Finnish mobile game developer. Comparable in terms of geographic base, mobile-first casual audience, and freemium monetization, though its IP is more character/IP-driven than RPG-driven.
  • King: King (owned by Activision Blizzard/Microsoft) is the dominant match-3 mobile game developer behind Candy Crush Saga. It is the most direct comparable to Small Giant's match-3 RPG formula, serving the same mobile-gamer segment with similar freemium IAP mechanics.
  • Supercell: Supercell is a Helsinki-based mobile game studio (Clash of Clans, Brawl Stars) owned by Tencent. Comparable as a Finnish mobile-first game studio with small-team culture, freemium IAP model, and globally distributed live games.
  • Peak Games: Peak Games (owned by Zynga/Take-Two) develops match-3 puzzle games (Toon Blast, Toy Blast). Closely comparable to Small Giant's core match-3 mechanics and target audience, and now a corporate sibling under Take-Two.
  • Playrix: Playrix develops match-3 puzzle games (Gardenscapes, Homescapes) with narrative and meta-progression layered onto the core puzzle loop. Closely comparable to Small Giant's hybrid puzzle-RPG design philosophy and target audience.
  • Moon Active: Moon Active is the developer behind Coin Master, one of the top-grossing mobile games worldwide. Comparable as a mobile-first live-ops-driven studio with strong social/multiplayer loops and freemium monetization at global scale.
  • Wooga: Wooga (owned by Playtika) develops story-driven puzzle games (June's Journey, Pearl's Peril). Comparable as a mobile puzzle-RPG hybrid developer serving similar casual-but-engaged demographics.
  • Scopely: Scopely develops mobile games including Monopoly GO and Stumble Guys, operating live-ops-driven freemium titles with social/multiplayer mechanics. Comparable as a mobile studio with hit-driven portfolio and similar live-ops sophistication.

Broad incumbents

  • Playtika: Playtika is a broader mobile gaming publisher (Bingo Blitz, Slotomania, Wooga). Comparable as a publicly-listed mobile gaming operator with a portfolio approach to casual/social game genres that overlap with Small Giant's audience.
  • Zynga: Zynga is the parent company of Small Giant Games (acquired 2019) and a Take-Two subsidiary. Comparable as the broader social/mobile gaming publisher whose portfolio (Words With Friends, Zynga Poker, CSR) overlaps with Small Giant's mobile social-casual space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Small Giant Games social profiles

Digital presence

Small Giant Games financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Small Giant Games leadership team

Management profile

Number of profiles

Profiles3 records

Small Giant Games funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Small Giant Games M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Small Giant Games

What does Small Giant Games do?

Small Giant Games develops and operates free-to-play mobile puzzle RPG games for a global audience. Its flagship title Empires & Puzzles combines match-3 puzzle gameplay with RPG progression, base building, PvE quests, and competitive PvP duels. The studio also offers Puzzle Combat, a fast-paced squad-based puzzle RPG featuring weapon crafting, base construction, and a Battle Pass system.

Is Small Giant Games a public or private company?

Small Giant Games is a private company. It is classified as corporate owned and is currently operating.

When was Small Giant Games founded?

Small Giant Games was founded in 2013. It employs 101 to 250 people.

Where is Small Giant Games based?

Small Giant Games is headquartered in Helsinki, Finland, in the Europe region.

How does Small Giant Games make money?

Two revenue lines are on record. In-App Purchases are the primary driver. The others are merchandise Sales.

Who are Small Giant Games's main competitors?

Direct peers on record are Rovio Entertainment, King, Supercell, Peak Games, Playrix, Moon Active, Wooga and Scopely. Broad incumbents are Playtika and Zynga.

Does Small Giant Games have an API?

No public API is recorded for Small Giant Games.

What industry is Small Giant Games in?

Small Giant Games's product category is Mobile Gaming. Its primary akta.pro industry code is MPAFAAAK, Strategy/4X/Management Game Studios. Its NAICS code is 33993 and its SIC code is 3944.

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Live signals
MygamezSupercell and Small Giant Games founders invest in the China publisher MyGamezMyGamez Ltd. closed a 1.5 million euro private funding round joined by industry heavyweights including Supercell co-founder Mikko Kodisoja and Small Giant Games co-founder Timo Soininen. The investment supports MyGamez's mission to facilitate access for global publishers to the Chinese mobile gaming market, which the company cites as stabilizing after recent regulatory changes.Business of AppsMobile app growth strategy that actually worksThe article argues that mobile app growth strategies should prioritize user activation and retention over acquisition to avoid the 'leaking bucket' problem. It cites examples such as Small Giant Games, which was acquired by Zynga after achieving significant revenue through a data-driven approach, and Amazon Prime, noted for its high retention rate. The author recommends a full-funnel strategy where product-market fit is validated before scaling paid user acquisition.DeconstructoroffunCan Playrix' Puzzle Breakers Crack Zynga's Empires & Puzzles? — Deconstructor of FunIndustry analysts conducted a detailed deconstruction of Playrix's Puzzle Breakers, a puzzle RPG released in soft-launch in late 2019, comparing it against market leader Empires & Puzzles which has generated over $600M in net revenues and 60 million installs. The analysis examined gameplay mechanics, monetization systems, and game modes, finding that while Puzzle Breakers offers minor product differentiations such as joint health bars, melee mechanics, and a deeper hero progression system, these tweaks are unlikely to meaningfully challenge E&P's dominance. The article concludes that Playrix's competitive advantage lies not in superior game design but in its performance marketing capabilities, citing the successful scaling of Nexter's Hero Wars as precedent.TechCrunchZynga to acquire Small Giant Games, the maker of Empires & Puzzles, for $700MZynga agreed to acquire Small Giant Games, maker of Empires & Puzzles, for $700 million, initially buying 80% for $560 million. The deal is expected to close on January 1, with the remaining 20% to be purchased over three years. Small Giant reported $33 million in revenue for its flagship game.FinSMEsSmall Giant Games Raises €5.4M in FundingSmall Giant Games, a Helsinki-based mobile game developer, raised €5.4M in funding led by EQT Ventures. The company will use the funds to expand development and market its new title, Empires & Puzzles, a fantasy match-3 game with PvP mode.FinSMEsSmall Giant Games Completes $3.1M FundingSmall Giant Games, a Helsinki-based studio, completed a $3.1M funding round led by Creandum. The funds will launch its first game, Oddwings Escape, and develop new titles, with the game targeting a global launch in early 2015.