Untold Games

What Untold Games does

Untold Games s.r.l. is a privately held Italian game development studio headquartered in Genoa, Italy (founded 2013), operating as a B2B services provider for game publishers, platform holders, and enterprise clients. The studio specializes in Unreal Engine development across multiple engine versions (UE3, UE4, UE5) and supports Unreal Engine for Fortnite (UEFN) content creation, with capabilities extending to third-party proprietary engines when required for client integrations. Its service portfolio spans full-cycle co-development, platform porting (Nintendo Switch, PS5, Xbox Series X|S, PS4, Xbox One), VR and location-based entertainment experiences, tech advisory and engine migration consulting, and custom enterprise VR solutions.

The company monetizes exclusively through professional-services contracts (co-development fees, porting fees, enterprise VR project fees, and technical advisory retainers) with no consumer-facing publishing or recurring software revenue. Notable engagements include co-development of Split Fiction (2024-2025, UE5) with EA/Hazelight Studios, porting High on Life to Switch for Sony/Keen Software House, Assetto Corsa Competizione to PS5 and Xbox Series X|S, It Takes Two to Switch, and Control PC Game Pass integration with Remedy Entertainment. Enterprise VR projects span healthcare training (Giuliani Derma, Lilly Pharma, 2016-2018) and cultural heritage (Sistine Chapel VR, winner at the Content Innovation Awards 2017).

The business is a micro-studio of 1-10 employees with no disclosed external funding, no parent company, and subscribed capital of €14,285, operating as a niche, talent-driven services firm dependent on a small set of tier-1 publisher and enterprise relationships.

Name

Untold Games

Legal name

Untold Games s.r.l.

Website

https://untoldgames.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Untold Games is an Italian Unreal Engine development studio providing co-development, console porting, VR, and tech advisory services to game publishers, platform holders, and enterprise clients including EA, Sony, Microsoft, and Remedy.

Ownership category

akta.pro rank

Product category

Game Development Services

NAICS

Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

UGC Game Creation Platforms (Roblox-like, Fortnite Creative, Core) (MPAFAIAA)

akta.pro secondary industries

Game Engines (General-Purpose & Real-Time 3D) (MPAFAFAA), SDKs, APIs & Platform Integration Tools (Console/Store/Identity) (MPAFAFAJ)

Keywords

• Game development services
• VR experience development
• Game porting services
• Unreal Engine development
• Enterprise VR solutions

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Co-Development Services: Working with publishers and IP holders on game co-development projects, such as Split Fiction co-development with a major publisher.
2. Porting Services: Porting existing games to different platforms including Switch, PS5, Xbox Series X|S, and PS4.
3. Enterprise VR Solutions: Custom VR development for enterprise clients including medical training (Giuliani Derma, Lilly Reuma), entertainment experiences, and cultural applications.
4. Tech Advisory: Consulting and technical advisory services for creative industries projects, including engine migration support.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Untold Games is a B2B game development studio providing PC, console, and VR videogame development; porting to Switch, PS5, and Xbox Series X|S; immersive and location-based VR experiences; content creation; tech advisory including engine migration; and enterprise VR solutions. The studio uses Unreal Engine (UE3, UE4, UE5) and Fortnite UEFN as core platforms, delivering projects for publishers, IP holders, and enterprise clients.

Product overview

Untold Games is a game development studio offering a comprehensive suite of services including videogame development, porting to major consoles (Switch, PS5, Xbox Series X|S), immersive VR experiences, content creation, tech advisory, and enterprise solutions. With over 11 years of experience using Unreal Engine, the company operates across three main categories: Games (original development and co-development), Entertainment (including VR experiences), and Enterprise Solutions. The portfolio includes notable projects such as Split Fiction (Unreal Engine 5 co-development), High on Life (Switch port), Assetto Corsa Competizione (PS5/Xbox port), Control (PC Game Pass integration), and various VR projects including OgreCoaster, Loading Human: Chapter 1, and enterprise solutions like the Sistine Chapel VR experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Videogame Development Full-scale PC, console, and VR video game development services with deep storytelling and emotional impact, built using Unreal Engine. Offered to game publishers and studios for original IPs and co-development projects.
• Porting Services Porting existing games to Nintendo Switch, PlayStation 5, Xbox Series X|S, PlayStation 4, PlayStation VR, and Xbox One. Provided to publishers and IP holders needing cross-platform reach and platform certification expertise.
• Immersive Experiences Development of immersive VR experiences and location-based entertainment solutions, including multiplatform VR deployments and PC VR experiences with 6DofS motion systems.
• Content Creation Creative content creation services for the entertainment industry and creative sectors, leveraging the studio's Unreal Engine expertise.
• Tech Advisory Technical consulting and advisory services for game development projects, including engine migration support to Unreal Engine from other engines.
• Enterprise Solutions Enterprise-grade VR solutions and business applications, including custom VR experiences for enterprise clients in healthcare, pharma, and cultural heritage sectors.
• Fortnite Islands Development Creation of interactive Fortnite islands using the Unreal Engine for Fortnite (UEFN) editor, published as in-platform experiences within Fortnite.

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Virtuos: One of the largest outsourced game development and art production studios globally, specializing in co-development, porting, and VR/3D content across Unreal and Unity. Directly comparable to Untold Games in offering co-development and multiplatform porting services to major publishers, but at significantly larger scale.
• Sperasoft: Mid-sized outsourced game development studio offering co-development, full-cycle development, and live services using Unreal Engine and Unity. Closely comparable to Untold Games in B2B services model, Unreal Engine specialization, and AAA publisher client base.
• Engine Software: Dutch game development studio specializing in porting titles across Nintendo, PlayStation, and Xbox platforms, often using Unreal Engine. Direct competitor to Untold Games in the console porting services segment, particularly for Switch, PS5, and Xbox Series X|S deployments.
• Room 8 Group: Outsourced game development and co-development services provider with strong Unreal Engine capabilities serving AAA publishers. Comparable business model to Untold Games (co-development, porting, art services) but with significantly larger scale and a broader studio network across Eastern Europe.
• Streamline Studios: Game co-development and porting studio with deep Unreal Engine expertise and a global publisher client base. Direct peer to Untold Games in offering co-development, porting, and engine migration services to AAA publishers.
• Amber Studio: Game development co-development, porting, and live services studio with offices in Europe and Latin America. Closely comparable to Untold Games in offering Unreal Engine-based co-development and multiplatform porting to publishers.
• Lemon Sky Studios: Game art and co-development studio with Unreal Engine expertise serving major publishers. Comparable to Untold Games in co-development services and AAA publisher relationships, though with greater emphasis on art production.
• Plastic Wax: Animation and game development studio providing outsourced content, cinematics, and Unreal Engine-based production services. Comparable to Untold Games in B2B services for game publishers and in cross-version Unreal Engine expertise.

Broad incumbents

• Keywords Studios: Global leader in technical and creative services for the gaming industry, with extensive co-development, porting, and QA offerings. Overlaps with Untold Games in co-development and porting, but operates as a much larger, publicly listed incumbent with a broader service portfolio.

Regional players

• Playa Games (Mainframe Industries / similar): European-based game development studio. While Playa focuses more on its own titles, comparable boutique European studios face similar dynamics to Untold Games in offering outsourced services with Unreal Engine specialization across the region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/untoldgamestw
• YouTubeyoutube.com/channel/UCIPVPmGX3RALWEE_zck--0Q
• Facebookfacebook.com/parenti.flavio
• LinkedInlinkedin.com/company/untold-games

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Untold Games