505 Games
505 Games is a Milan-headquartered, Digital Bros-owned multi-platform video game publisher publishing owned and licensed titles across PC, console, and mobile, with franchises including Assetto Corsa, Death Stranding, Wuchang, Ghostrunner, and Puzzle Quest for global consumer markets.
- Company typePrivate
- Founded2006
- HeadquartersCalabasas, United States
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
What 505 Games does
505 Games is a privately held, multi-platform interactive video game publisher headquartered in Milan, Italy, with regional headquarters in Calabasas, California, and wholly-owned operating subsidiaries across the US, UK, France, Spain, Germany, and Italy. Founded in 2006 and operating as a publishing brand within the publicly listed Digital Bros group, 505 Games publishes both owned intellectual property and licensed third-party titles across PC (Steam, Epic Games Store, GOG), consoles (PlayStation, Xbox, Nintendo Switch), and mobile (Google Play, App Store). Its catalog spans racing simulations (the four-title Assetto Corsa franchise including Assetto Corsa, Evo, Competizione, and Rally), action RPGs (Ghostrunner 1 and 2, WUCHANG: Fallen Feathers), puzzle RPGs (the Puzzle Quest franchise, Magic: The Gathering Puzzle Quest, Marvel Puzzle Quest, Gems of War), open-world adventures (Death Stranding Director's Cut, Terraria, Stardew Valley, No Man's Sky), JRPGs (Eiyuden Chronicle: Hundred Heroes and Rising), and action/adventure titles (Bloodstained, Crime Boss: Rockay City, Blades of Fire).
The company's revenue model is primarily one-time game licensing plus DLC across digital storefronts, supplemented by free-to-play mobile live-ops (Puzzle Quest 3, Gems of War, Magic: The Gathering Puzzle Quest, Marvel Puzzle Quest), Steam Early Access programs (e.g., Assetto Corsa Rally, Assetto Corsa Evo), and physical distribution through Sony DADC, Cinram, and Nintendo of America for Blu-ray/DVD SKUs. Xsolla is used as a payment gateway solution for several titles. The company does not develop games in-house at material scale; instead it partners with external developers including Kojima Productions, KUNOS Simulazioni, Supernova Games Studios, Rabbit & Bear, ArtPlay (Koji Igarashi), Infinity Plus Two (Steve Fawkner), and others.
Commercially, 505 Games serves the broad consumer gaming market across North America, Europe, Asia (Japan, China, Korea), and South America. Its customer base is fragmented by design, and its growth profile is anchored by a small number of major titles per year — notably WUCHANG: Fallen Feathers (over 1 million copies sold and more than $35M in net revenue by late March 2025) and Death Stranding (20M+ cumulative players across platforms since 2019). The company holds CCPA, CPRA, GDPR, PDPA, and CPSIA compliance certifications and operates a global subsidiary structure that enables regional localization, distribution, and regulatory coverage. Leadership comprises co-founder and CEO Raffi Galante and Head of Free to Play Clive Robert, among others.
505 Games firmographics
Firmographics- Name
- 505 Games
- Legal name
- 505 Games S.p.A.
- Website
- https://505games.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- 505 Games is a Milan-headquartered, Digital Bros-owned multi-platform video game publisher publishing owned and licensed titles across PC, console, and mobile, with franchises including Assetto Corsa, Death Stranding, Wuchang, Ghostrunner, and Puzzle Quest for global consumer markets.
- Ownership category
- akta.pro rank
505 Games industry classification
Industry- Product category
- Video Game Publishing
- NAICS
- Software Publishers (51321), Software Publishers (5132)
- SIC
- Services-Motion Picture & Video Tape Distribution (7822)
- akta.pro primary industry
- Full-Service Game Publishers (1st/2nd/3rd-Party Publishing) (MPAFABAA)
- akta.pro secondary industries
- AAA & Premium Game Studios (PC/Console) (MPAFAAAA), Indie Game Studios (MPAFAAAC), Cloud Gaming Integration & Porting Services (Cloud builds, compatibility, QA) (MPAFAHAJ), Player-to-Player Marketplaces & Trading Platforms (MPAFAJAE)
Keywords
Where 505 Games is headquartered
LocationHeadquarters
- HQ city
- Calabasas
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
505 Games business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Marketing or Sales, Technology or R&D, Personnel, Operations, Supply Chain
Revenue model
- Game Sales and DLC: 505 Games generates revenue through the sale of video games and downloadable content across multiple platforms including Steam, Epic Games Store, PlayStation, Xbox, Nintendo Switch, and mobile app stores. Revenue comes from both owned intellectual properties and licensed third-party game titles.
- Early Access Programs: Assetto Corsa Rally launched on Steam Early Access on November 13th, 2025, indicating the company uses early access as a revenue stream for game development funding.
Go-to-market motion1 record
Distribution channels8 records
Marketing channels3 records
505 Games product offering
Product offeringCore offering
505 Games is a multi-platform interactive video game publisher that releases and distributes game titles globally across PC (Steam, Epic Games Store, GOG), PlayStation, Xbox, Nintendo Switch, and mobile platforms. The company publishes both its own owned intellectual properties (e.g., Assetto Corsa, Ghostrunner, Puzzle Quest) and licensed third-party titles from external developers (e.g., Death Stranding from Kojima Productions, Bloodstained from ArtPlay).
Product overview
505 Games is a video game publisher with a diverse portfolio of titles spanning multiple genres including racing simulations (Assetto Corsa series), action RPGs (Ghostrunner, WUCHANG: Fallen Feathers), puzzle games (Puzzle Quest franchise including Puzzle Quest 3, Puzzle Quest: Immortal Edition, Magic The Gathering Puzzle Quest, Marvel Puzzle Quest, Gems of War), open-world adventures (Death Stranding, Terraria, No Man's Sky), horror games (Hellblade), and JRPGs (Eiyuden Chronicle series). The company publishes games across multiple platforms including PC (Steam, Epic, GOG), consoles (PlayStation, Xbox, Nintendo Switch), and mobile. The Assetto Corsa franchise includes multiple specialized titles: Assetto Corsa (core racing), Assetto Corsa Evo (next-gen), Assetto Corsa Competizione (GT racing), and Assetto Corsa Rally (rally racing). The Puzzle Quest franchise encompasses several entries including the original format games, remastered editions, and crossover titles with major franchises like Marvel and Magic: The Gathering.
Differentiator
Problem solved
Functional benefit
Products and services
- Assetto Corsa
Companies that use 505 Games
Customer profileSegments1 record
Ideal customer profiles1 record
505 Games technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
505 Games partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- Supernova Games StudioscoreSupernova Games Studios, formed by industry veterans from DiRT, WRC, and Project CARS, developed Assetto Corsa Rally in partnership with 505 Games. Launching into Steam Early Access on November 13th, 2025.
- KUNOS SimulazionicoreTechnical partnership for Assetto Corsa Rally. KUNOS Simulazioni provided their proprietary physics engine adapted and refined for rally racing simulation.
- Kojima Productionsflagship505 Games publishes Death Stranding Director's Cut on PC in partnership with Kojima Productions. The game has captivated over 20 million players worldwide since 2019. An animated series 'DEATH STRANDING ISOLATIONS' is streaming on Disney+ in 2027.
- Infinity Plus TwocoreDeveloper of Puzzle Quest: The Legend Returns and Puzzle Quest: Immortal Edition, published by 505 Games. Steve Fawkner is the creator of the Puzzle Quest franchise.
- Rabbit & BearcoreDeveloper of Eiyuden Chronicle: Rising and Eiyuden Chronicle: Hundred Heroes, published by 505 Games. Founded by former Suikoden team members.
Scale indicators1 record
Recent moves6 records
Expansion highlights6 records
505 Games competitors and assessment
Company assessmentBroad incumbents
- Capcom: Established multi-platform publisher and developer with strong owned-IP portfolio. Comparable to 505 Games on PC/console distribution and action-RPG publishing focus, though Capcom is both developer and publisher at materially larger scale.
- Bandai Namco Entertainment: Major multi-platform publisher with global reach and significant owned-IP portfolio. Comparable to 505 Games on multi-platform distribution and genre diversity, but operates at significantly larger scale and with deeper internal IP holdings.
- Koch Media / Plaion (Embracer): European multi-platform publisher/distributor with a deeper catalog and physical distribution capabilities than 505 Games. Comparable as a broader incumbent in the same mid-tier publishing tier with overlap in racing, action, and adventure genres.
Regional players
- Marvelous Inc. Japanese publisher with portfolio spanning simulation, action, and RPG genres across PC, console, and mobile. Comparable to 505 Games on multi-genre, multi-platform publishing model; operates primarily in the Japanese and Asian market rather than competing directly in 505's core Western geographies.
Direct peers
- Annapurna Interactive: Independent publisher of artistic and mid-budget games across platforms. Comparable to 505 Games on third-party developer relationships and curated multi-genre catalog, though skewed toward narrative/art titles.
- Focus Entertainment: European-based multi-platform publisher with a portfolio spanning action RPGs, racing, and licensed IPs. Comparable to 505 Games on geographic profile (EU headquartered), mid-tier publishing scale, and reliance on external development partners.
- Devolver Digital: Independent multi-platform publisher focused on distinctive indie and mid-budget titles across PC and console. Closely comparable to 505 Games on third-party developer relationships, multi-genre catalog, and digital-first distribution model.
- Team17: UK-headquartered independent publisher with strong indie and mid-tier developer relationships across genres. Comparable to 505 Games on third-party publishing model, multi-platform distribution, and catalog breadth.
- Private Division: Take-Two's publishing label for mid-budget and indie titles across PC and console. Comparable to 505 Games on developer-relationship-driven publishing, genre diversity, and focus on quality-curated mid-tier titles.
- THQ Nordic (Embracer Group): Mid-to-large multi-platform publisher owning and licensing a broad catalog of game IPs across genres and platforms. Highly comparable to 505 Games in business model (third-party publishing, remaster/sequel strategy, multi-region distribution) and portfolio mix (action, RPG, racing).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
505 Games social profiles
Digital presence505 Games compliance and trust
Trust signalCompliance7 records
505 Games financial estimates
Financial estimateRevenue estimate
Valuation estimate
505 Games leadership team
Management profileNumber of profiles
Profiles2 records
505 Games subsidiaries and ownership
Company hierarchySubsidiaries10 records
505 Games funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
505 Games M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 505 Games
What does 505 Games do?
505 Games is a multi-platform interactive video game publisher that releases and distributes game titles globally across PC (Steam, Epic Games Store, GOG), PlayStation, Xbox, Nintendo Switch, and mobile platforms. The company publishes both its own owned intellectual properties (e.g., Assetto Corsa, Ghostrunner, Puzzle Quest) and licensed third-party titles from external developers (e.g., Death Stranding from Kojima Productions, Bloodstained from ArtPlay).
Is 505 Games a public or private company?
505 Games is a private company. It is classified as corporate owned and is currently operating.
When was 505 Games founded?
505 Games was founded in 2006. It employs 51 to 100 people.
Where is 505 Games based?
505 Games is headquartered in Calabasas, United States, in the North America region.
How does 505 Games make money?
Two revenue lines are on record. Game Sales and DLC is the primary driver. The others are early Access Programs.
Who are 505 Games's main competitors?
Broad incumbents on record are Capcom, Bandai Namco Entertainment and Koch Media / Plaion (Embracer). Marvelous Inc. is listed as a regional player. Direct peers are Annapurna Interactive, Focus Entertainment, Devolver Digital, Team17, Private Division and THQ Nordic (Embracer Group).
Does 505 Games have an API?
No public API is recorded for 505 Games.
What industry is 505 Games in?
505 Games's product category is Video Game Publishing. Its primary akta.pro industry code is MPAFABAA, Full-Service Game Publishers (1st/2nd/3rd-Party Publishing), with a secondary code of MPAFAAAA, AAA & Premium Game Studios (PC/Console). Its NAICS code is 51321 and its SIC code is 7822.