Name

Dream Games

Legal name

Dream Games Dijital Teknolojiler A.Ş.

Website

https://dreamgames.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Sisli

Offices2 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Marketing or Sales, Technology or R&D, Operations, Infrastructure

Revenue model

1. In-App Purchases: Free-to-play model with virtual items and currency purchased within games. Royal Match generates significant revenue from in-app purchases. Popular game Royal Match among top 20 grossing games in US, UK, and Germany.
2. Advertising: Mobile games may include targeted advertising, with the company using ad networks and advertising technology providers for ad delivery and measurement.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

Dream Games develops and publishes free-to-play mobile match-3 puzzle games, with Royal Match and Royal Kingdom as its two core titles. Players solve puzzles to progress through narrative-driven levels, with revenue generated primarily from in-app purchases of virtual items and in-game currency, supplemented by in-game advertising. The games are distributed globally across all major mobile app stores and have collectively generated multi-billion-dollar lifetime revenues.

Product overview

Dream Games is a mobile gaming company with two core products: Royal Match and Royal Kingdom, both match-3 puzzle games. Royal Match, launched in 2021, is the company's debut title and has become one of the top-grossing mobile games globally, overtaking Candy Crush Saga as the leading match-3 puzzle game and generating over $2 billion in revenue by 2024. Royal Kingdom, launched in November 2024, represents the company's expansion of its puzzle game portfolio, achieving $301.1 million in its first year and surpassing Royal Match's first-year performance. Both games feature high-quality graphics, immersive gameplay, and engaging puzzle mechanics with colorful characters in a vibrant universe. The company operates offices in Istanbul and London.

Differentiator

Problem solved

Functional benefit

Brands

• Royal Match: A match-3 puzzle game with approximately 13 million monthly players at time of Series C funding, among the top 20 grossing games in US, UK, and Germany.
• Royal Kingdom

Products and services

• Royal Match A match-3 puzzle mobile game featuring King Robert, Winston the dog, and Duke, where players solve puzzles to help the king collect treasures and restore the royal castle. Free-to-play with in-app purchases of virtual items and in-game currency. One of the world's top-grossing mobile games, surpassing Candy Crush Saga as the leading match-3 title with over $2 billion in revenue by 2024, targeted at casual mobile gamers worldwide.
• Royal Kingdom Dream Games' second major mobile match-3 puzzle game, building on the success of Royal Match. Free-to-play with in-app purchases of virtual items and in-game currency. Generated $301.1 million in its first year, outperforming Royal Match's first-year performance of $296.4 million, targeted at casual mobile gamers worldwide.

Quantifiable outcome

• Royal Match reached $2 billion+ in revenue in 2024
• +3 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

Feature1 record

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• King: King is the developer and publisher of Candy Crush Saga—the leading match-3 puzzle game that Royal Match overtook as the top-grossing match-3 title. King operates the same match-3 category with a comparable free-to-play, in-app purchase monetization model and similar target audience.
• Playrix: Playrix is a leading mobile puzzle game developer behind hit titles Homescapes and Gardenscapes, which are direct competitors in the match-3 and puzzle-decor genre. Playrix targets the same casual mobile audience with similar free-to-play, in-app purchase monetization and comparable revenue scale.
• Peak Games: Peak Games was a leading casual mobile game developer in Turkey (now owned by Zynga/Take-Two), where Dream Games' five co-founders previously worked before founding Dream Games in 2019. It is a direct peer in casual/mobile puzzle gaming with shared DNA and category overlap.
• Wooga: Wooga is a Berlin-based mobile game studio specializing in story-driven puzzle and hidden-object games such as June's Journey and Pearl's Peril. It is a direct competitor in mobile puzzle gaming targeting the same casual female demographic with a comparable free-to-play model.
• Scopely: Scopely is a mobile game developer and publisher behind MONOPOLY GO! and Stumble Guys, operating at comparable scale to Dream Games in mobile casual gaming. It shares a similar free-to-play, in-app-purchase business model and has executed comparable scale M&A (acquired by Savvy Games Group).
• Rovio Entertainment: Rovio Entertainment (now owned by SEGA) is a Finnish mobile game developer best known for the Angry Birds franchise. It is a direct competitor in casual mobile gaming with a comparable free-to-play model and similar target audience, though focused on physics-based puzzle rather than match-3.
• Outfit7: Outfit7 is a mobile game developer behind the Talking Tom Gold Run franchise and other casual titles. It is a direct competitor in casual mobile gaming targeting similar demographics with the same free-to-play, in-app-purchase monetization model.

Broad incumbents

• Zynga: Zynga is a major mobile and social game publisher (acquired Peak Games in 2020, itself now owned by Take-Two) with a broad portfolio including Words With Friends and various casual titles. It is a broader incumbent that competes in multiple casual game categories with deeper genre diversification than Dream Games.
• Supercell: Supercell is a Finnish mobile game developer behind Clash of Clans, Clash Royale, and Brawl Stars. It is a broader incumbent in mobile gaming at comparable scale, though its portfolio is strategy-focused rather than puzzle, making Dream Games and Supercell peers in mobile free-to-play rather than direct genre competitors.

Emerging players

• Niantic: Niantic is a mobile game developer known for Pokémon GO and Pikmin Bloom. It operates in mobile gaming with a similar free-to-play, in-app-purchase model and comparable scale, but focuses on AR/location-based gameplay rather than puzzle, making it a partial-overlap peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/dreamgames
• Facebookfacebook.com/dreamgames
• LinkedInlinkedin.com/company/dreamgames
• Instagraminstagram.com/dreamgames

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds6 records

Investors8 records

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

M&A

Investments

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

Frequently asked questions about Dream Games