Hunted Cow Studios

Name

Hunted Cow Studios

Legal name

Hunted Cow Studios Ltd

Website

https://huntedcow.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Hunted Cow Games is a Scottish independent game developer and publisher founded in 2003, operating MMORPGs, licensed-IP 4X strategy titles, and action-RPGs across PC, mobile, and browser for 7M+ players worldwide.

Ownership category

akta.pro rank

Product category

Video Game Development and Publishing

akta.pro primary industry

Strategy/4X/Management Game Studios (MPAFAAAK)

Keywords

• Online multiplayer games
• Mobile strategy games
• MMORPG development
• Game publishing services
• Cross-platform gaming

Headquarters

HQ city

Elgin

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Free-to-Play with In-App Purchases: Core games are free to download and play with optional in-app purchases for virtual goods, premium content, and gameplay advantages
2. Game Subscriptions: Subscription options available for enhanced gameplay features and premium access
3. Publishing Revenue: Revenue from publishing HexWar Games titles including Tank Battle: 1944 and Civil War series on mobile and PC platforms

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels9 records

Core offering

Hunted Cow Studios is a Scottish game developer and publisher that designs, builds, and operates multiplayer online games across PC, Mac, mobile (iOS/Android), and browser platforms. The company offers free-to-play MMORPGs, 4X MMO strategy titles (including licensed Warhammer and Monsterverse/Godzilla x Kong games), action-RPGs, and publishes HexWar Games' portfolio of 30+ turn-based historical wargames. Core products feature cross-platform sync so players can move seamlessly between devices while retaining progress and unlocks.

Product overview

Hunted Cow Games is a Scottish game studio founded in 2003 that develops and publishes multiplayer online games across PC, Mac, and mobile platforms. The portfolio centers on three flagship franchises: Fallen Sword (retro MMORPG) with its upcoming sequel Fallen Sword II, the licensed Warhammer: Chaos & Conquest strategy game, and the Monsterverse-licensed Godzilla x Kong: Titan Chasers 4X MMO. Additional titles include the 3D fantasy MMORPG Eldevin, sci-fi strategy game Operation: New Earth, action-RPG Star Vortex, post-apocalyptic game Legacy, and the HexWar Strategy Series (30+ historical turn-based wargames published under a partnership). The company has welcomed over seven million players across its titles.

Differentiator

Problem solved

Functional benefit

Products and services

• Godzilla x Kong: Titan Chasers A 4X MMO strategy game set in Legendary's Monsterverse, where players join elite Titan Chasers on the Siren Isles. Combines base building, territory expansion, turn-based RPG combat, and monster-vs-monster battles featuring iconic Titans. For casual and hardcore strategy gamers on PC and mobile.
• Fallen Sword II A spiritual successor to Fallen Sword, set in the world of Erildath. Features turn-based combat, Gauntlets, six heroic class pathways, crafting, alchemy, gemforge enchanting, and guild battles against world-ending Titans. Targeted at MMORPG and RPG players on PC and mobile.
• Warhammer: Chaos & Conquest An MMO build-and-battle strategy game set in the Warhammer Fantasy universe. Players take on the mantle of Chaos Lords, raise armies, forge alliances, and conquer the Empire of Man in a massive multiplayer map. For licensed-IP strategy gamers on iOS, Android, and PC.
• Operation: New Earth A sci-fi multiplayer strategy game where players command an advanced military facility to defend Earth from alien invasion. Features facility building, technology discovery, army training, Hero units, and real-time alliance battles. For sci-fi strategy gamers on iOS, Android, and PC.
• Eldevin A free-to-play 3D fantasy MMORPG featuring over 160 realms, real-time combat, a class-less combat system with 100+ abilities, 6 talent trees with 200+ talents, 14 professions for crafting, solo instances, group dungeons, and PvP arenas. For fantasy MMORPG players.
• Fallen Sword A retro browser MMORPG set in the world of Erildath with 15+ years of history. Features thousands of levels, hundreds of skills, thousands of items and quests, trading/auction systems, social features, and community events. Available on browser, iOS, and Android.
• Star Vortex A fast-paced Action-RPG space shooter. Players pilot combat ships, protect motherships, design and customize ships, upgrade through three distinct skill trees, collect weapons and equipment, and explore randomly generated space sectors. For action-RPG players on PC.
• Legacy A post-apocalyptic multiplayer online game where players join factions, fight enemy gangs, explore wastelands and a hive city, train abilities up to level 80, collect items, and participate in gang territory warfare. For post-apocalyptic MMO players on browser.
• HexWar Strategy Series A series of 30+ turn-based strategy wargames covering historical periods from Ancient Rome to World War II and beyond, including the Tank Battle series, Civil War series, Napoleonic Wars games, and Commands & Colors: The Great War. Published by Hunted Cow and developed by HexWar Games. For historical strategy gamers on Steam, iOS, Mac App Store, and Android.

Quantifiable outcome

• Over 7 million players welcomed across various games
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature2 records

Partnerships

Four partnerships are on record, tiered core.

• Tilting PointcoreChannel Partner/ Reseller/ Distributor · 29 November 2023Tilting Point serves as publisher for Godzilla x Kong: Titan Chasers and Warhammer: Chaos & Conquest. Tilting Point handles marketing and publishing while Hunted Cow develops the games.
• HexWar GamescoreChannel Partner/ Reseller/ Distributor · 1 September 2023Hunted Cow Games became the publisher for HexWar Games titles including Tank Battle: 1944 and Civil War series. Hunted Cow handles publishing and support while HexWar continues development. Games are available on Steam, iOS, Mac App Store, and Android.
• Legendary EntertainmentcoreChannel Partner/ Reseller/ DistributorLicensed property partner for Godzilla x Kong: Titan Chasers, providing access to Monsterverse IP including Godzilla and Kong characters and world.
• Games WorkshopcoreChannel Partner/ Reseller/ DistributorLicensed property partner for Warhammer: Chaos & Conquest, providing access to Warhammer Fantasy IP including iconic locations, characters, and lore.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Jagex: UK-based developer and publisher of long-running browser/MMORPG titles including RuneScape. Closely comparable to Hunted Cow in heritage (decades-old browser MMORPG), free-to-play model, and small-to-mid studio scale serving loyal core gaming audiences.
• Behaviour Interactive: Canadian mid-size game studio behind Dead by Daylight and several live-service titles. Comparable in scale (~700 employees) and as a similarly independent studio operating long-running live-service games with cross-platform support, although materially larger than Hunted Cow.
• InnoGames: German developer of free-to-play browser and mobile strategy games including Forge of Empires, Elvenar, and Warlords of Aternum. Directly comparable in browser-to-mobile strategy portfolio and freemium monetization approach used across Hunted Cow's MMORPG and 4X titles.
• Deca Games: Operator that acquires, re-launches, and operates legacy online games including MMOs and browser titles. Highly comparable in operating philosophy (long-tail MMORPGs, small team, freemium) and directly relevant given Hunted Cow's continued operation of Fallen Sword and Eldevin.

Broad incumbents

• Miniclip: Swiss-based developer and publisher of casual and multiplayer mobile/online games. Comparable as a multi-platform, freemium publisher with a similar mix of strategy and casual multiplayer titles, though operating at substantially larger scale.
• Gameloft: Established mobile game developer and publisher (Ubisoft subsidiary) producing free-to-play titles across multiple genres including strategy and RPG. Comparable as a much larger incumbent in cross-platform freemium gaming relevant to Hunted Cow's distribution footprint.
• Scopely: Large mobile game developer and publisher (now owned by Savvy Games Group) known for Marvel Strike Force, Monopoly GO, and Stumble Guys. Comparable as a much larger incumbent mobile publisher competing in the same freemium mobile strategy/4X category as Hunted Cow.
• Zynga: Major mobile game publisher (now owned by Take-Two) with a broad portfolio of free-to-play social and strategy games. Comparable as a large incumbent in the freemium mobile gaming space where Hunted Cow distributes Warhammer and Godzilla x Kong.
• Plarium: Israeli mobile/PC strategy game developer behind RAID: Shadow Legends and Stormfall: Saga of Survival. Comparable as a much larger incumbent in the 4X/strategy category where Hunted Cow competes with Warhammer: Chaos & Conquest and Godzilla x Kong.

Others

• Tilting Point: Mobile game publisher that handles marketing and publishing for Hunted Cow's flagship licensed titles Warhammer: Chaos & Conquest and Godzilla x Kong: Titan Chasers. Included as an ecosystem counterpart given its direct strategic role in Hunted Cow's distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/huntedcow
• YouTubeyoutube.com/user/HuntedCowStudios
• Facebookfacebook.com/huntedcow
• LinkedInlinkedin.com/company/4031648

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Hunted Cow Studios