Conan Exiles
Conan Exiles is a multiplayer open-world survival game built on Unreal Engine 5, set in the licensed Conan the Barbarian universe, developed by Funcom Oslo AS. It monetizes via premium sales, paid chapter DLCs, Battle Pass, and Crom Coins across Steam, Epic, Xbox, and PlayStation.
- Company typePrivate
- Founded2017
- HeadquartersOslo, Norway
- Headcount—
- GTM typeB2C
- OfferingSoftware
What Conan Exiles does
Conan Exiles is a multiplayer open-world survival game set in the Conan the Barbarian universe, developed by Funcom Oslo AS under license from Conan Properties International LLC. The title launched into Early Access on Steam on January 31, 2017, and sells for a one-time premium price with a continuous live-service content model layered on top, including paid chapter DLCs, a Battle Pass, and Crom Coins microtransactions. The game is distributed across Steam, Epic Games Store, Xbox, and PlayStation, with cross-play between PC and console ecosystems.
The product is built on Unreal Engine, with the engine upgraded to Unreal Engine 5 in May 2026 via the free 'Conan Exiles: Reforged and Enhanced' release, co-developed with Inflexion Games. Gameplay centers on base building, crafting, NPC thrall capture, PvE and PvP combat, and lore-driven exploration across a persistent sandbox world. The studio supports an active modding community, content creator ecosystem, Discord, and Reddit channels, and runs community programming such as the Reforged modding contest.
The business model combines upfront unit sales with ongoing DLC and recurring microtransaction revenue, targeting adult players of multiplayer survival and fantasy IP-driven games. Audience reach to date includes 320,000 units sold in the first week and over 480,000 units within the first 30 days, with continued monetization across an eight-year operational life.
Conan Exiles firmographics
Firmographics- Name
- Conan Exiles
- Legal name
- Conan Exiles (Game developed and published by Funcom Oslo AS)
- Website
- https://conanexiles.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Short description
- Conan Exiles is a multiplayer open-world survival game built on Unreal Engine 5, set in the licensed Conan the Barbarian universe, developed by Funcom Oslo AS. It monetizes via premium sales, paid chapter DLCs, Battle Pass, and Crom Coins across Steam, Epic, Xbox, and PlayStation.
- Ownership category
- akta.pro rank
Where Conan Exiles is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Conan Exiles business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Base Game Sales: One-time purchase revenue from selling the base Conan Exiles game across PC and console platforms
- DLC Packs: Themed expansion packs including building sets, armor sets, and cosmetics from various Hyborian Age cultures (People of the Dragon, Architect of Argos, Rider of Hyboria, etc.)
- Isle of Siptah Expansion: Paid expansion providing new map island, new creatures, new building sets, and new gameplay cycle
- Crom Coins (In-Game Currency): Premium virtual currency purchased with real money, used to buy cosmetics and items from the in-game Bazaar store
- Battle Pass: Seasonal paid content pass providing cosmetics, battle pass backgrounds, and exclusive items across themed chapters (Age of War, Age of Sorcery)
- Server Hosting Services: Referral revenue from partnered server hosting providers (G-Portal for official servers, players renting private servers)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Conan Exiles Base Game |
| One time/ perpetual license | Pay-as-you-go | Isle of Siptah Expansion |
| Subscription | Multi-year contract | Battle Pass (Chapter-based) |
| Transaction based/ take rate | Pay-as-you-go | Crom Coins (In-Game Currency) |
| One time/ perpetual license | Pay-as-you-go | DLC Packs |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels12 records
Conan Exiles product offering
Product offeringCore offering
Conan Exiles is an open-world survival game set in the brutal world of Conan the Barbarian, in which players survive harsh environments, gather resources, craft weapons and tools, build bases ranging from simple shelters to entire cities, capture and command thralls, and engage in PvE and PvP combat. The game is sold digitally as Conan Exiles Enhanced (powered by Unreal Engine 5) on Steam, with a Legacy edition on Epic Games Store, Xbox, and PlayStation, and is monetized further through paid expansions (Isle of Siptah), DLC packs, seasonal Battle Passes, and Crom Coins in-game currency.
Product overview
Conan Exiles is an open-world survival game developed by Funcom, based on the works of Robert E. Howard. The core product is Conan Exiles Enhanced (formerly Legacy), a free survival sandbox game available on Steam, Epic Games Store, Xbox, and PlayStation. The product portfolio includes the Isle of Siptah expansion offering a separate map with unique mechanics, various DLC packs providing cosmetic and building content, Battle Pass seasonal content (Age of War, Age of Heroes), and a Bazaar store for microtransactions. The game supports mods through the Conan Exiles Dev Kit and offers dedicated server hosting. Conan Exiles Enhanced runs on Unreal Engine 5 with Lumen Global Illumination, Nanite Geometry, and Virtual Shadow Maps.
Differentiator
Problem solved
Functional benefit
Brands
- Isle of Siptah: Massive expansion to Conan Exiles featuring a vast new island, new creatures, building sets, and gameplay features including The Maelstrom and Vaults dungeons
- Age of War
- Age of Sorcery
- Age of Heroes
Products and services
- Conan Exiles Enhanced Open-world survival game set in the brutal world of Conan the Barbarian, where players survive, build, and dominate in the Exiled Lands. Supports multiplayer, co-op, and single-player modes. Enhanced version is powered by Unreal Engine 5 with major visual and rendering upgrades.
- Isle of Siptah Expansion Paid expansion providing a vast new island, new creatures, new building sets including Shipwreck and Stormglass, dungeons called Vaults, and new gameplay mechanics (The Maelstrom, Surges of Sorcery). Includes Cross-Map Travel System for moving between Exiled Lands and Isle of Siptah on the same server and character.
- DLC Packs Themed DLC packs offering exclusive content from various Hyborian Age cultures, including building pieces, arena elements, tavern items, cosmetics, and themed content such as People of the Dragon, Architect of Argos, Rider of Hyboria, and Blood and Sand.
- Vendhyan Building, Armor and Weapon Cosmetics Eastern-themed cosmetic DLC featuring Vendhya-inspired building pieces, armor, and weapon cosmetics inspired by the Hyborian Age's eastern realms.
- Age of Heroes Chapter Content Major content update adding companions, settlement features, new quests, and hero-focused gameplay as part of the ongoing seasonal chapter structure.
- Battle Pass (Seasonal) Seasonal paid Battle Pass providing cosmetic rewards including pets, armor, emotes, building sets, and placeables, distributed across themed chapters (Age of Sorcery, Age of War, Age of Heroes).
- Bazaar Store (In-Game Store)
Quantifiable outcome
- 8 years of continuous post-launch support and development with major engine upgrade to Unreal Engine 5 (Conan Exiles Enhanced)
- +3 more outcomes
Companies that use Conan Exiles
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Conan Exiles technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Conan Exiles partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor and core.
- PingperfectminorPrivate server hosting partner announced in early 2017 to provide rental servers for players wanting custom server settings. Complements official servers hosted by G-Portal.
- Dark Horse ComicsminorPartnership with Dark Horse Comics to create an exclusive Conan Exiles digital comic book released in January 2017. The creative team included Michael (content creator). Provided backstory into events of the Exiled Lands.
- Inflexion GamescoreCollaborated with Inflexion Games to develop the Conan Exiles Enhanced Unreal Engine 5 upgrade, which launched May 5, 2026 as a free download for all Steam owners. The partnership brought dramatic visual improvements including Lumen Global Illumination, Nanite Geometry, and Virtual Shadow Maps.
- G-Portal.comcoreOfficial server hosting partner for Conan Exiles official servers. Founded by OCIRIS GmbH in 2003, G-Portal is one of Europe's leading game hosting companies. Hosts official servers for PC (Steam), PS4, and Xbox platforms.
- Conan Properties International LLCcoreIP licensing partner for Robert E. Howard's Conan the Barbarian universe. Owns trademarks for CONAN, CONAN THE BARBARIAN, HYBORIA, and related logos, characters, names, and distinctive likenesses. Revenue generation tied to CPI licensing arrangements.
- Valve CorporationcoreSteam platform distribution for Conan Exiles and Conan Exiles Enhanced. Steam Workshop for mod support. Primary platform for community features and Conan Exiles Enhanced (UE5 upgrade) exclusive.
- Epic GamesminorEpic Games Store distribution for Conan Exiles Legacy version on PC.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Conan Exiles competitors and assessment
Company assessmentDirect peers
- The Long Dark: Survival game from Hinterland Studio with crafting, exploration, and episodic story content. Comparable on long-tail survival gameplay, paid expansions (Tales), and a multi-year post-launch content pipeline.
- ARK: Survival Evolved / ARK: Survival Ascended: Open-world survival-crafting dinosaur game from Studio Wildcard. Most directly comparable peer: same genre, same platform footprint (Steam/Epic/Xbox/PlayStation), similar base-plus-DLC-plus-expansion monetization, and a recent paid UE5 remaster (Survival Ascended) that mirrors Conan Exiles Enhanced's engine transition.
- Grounded: Shrunken-down survival-crafting from Obsidian Entertainment. Comparable on survival + base building + crafting + multiplayer, with ongoing chapter-based content updates and paid DLC.
- Subnautica / Subnautica: Below Zero: Underwater survival-crafting from Unknown Worlds. Comparable on exploration-driven survival, base building, crafting, and story progression across base game + paid expansion.
- Rust: Multiplayer survival game from Facepunch Studios. Closely comparable on core gameplay (open-world survival, base building, PvP/raiding, clan warfare) and on multi-platform distribution plus paid DLC/cosmetic monetization.
- Sons of the Forest: Survival-crafting sequel from Endnight Games with open-world building, crafting, and PvE combat. Comparable on core gameplay loops and on a single-purchase plus post-launch content model.
- 7 Days to Die: Survival-crafting game from The Fun Pimps with base building, crafting, PvE/PvP, and horde combat. Comparable on multi-platform distribution (PC/console) and on years of post-launch content updates.
- DayZ: Open-world survival from Bohemia Interactive with crafting, base building, and PvP. Comparable on long-running post-launch updates, mod support, and multi-platform survival gameplay.
- V Rising: Vampire-themed survival-crafting from Stunlock Studios. Comparable on survival + base building + multiplayer + paid expansion (Heart of Fear) and seasonal content cadence.
- Valheim: Viking-themed open-world survival-crafting from Iron Gate Studios. Directly comparable in survival + building + co-op multiplayer loops and in selling user base expansion through content updates and paid DLC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Conan Exiles social profiles
Digital presenceConan Exiles financial estimates
Financial estimateRevenue estimate
Valuation estimate
Conan Exiles leadership team
Management profileNumber of profiles
Conan Exiles funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Conan Exiles M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Conan Exiles
What does Conan Exiles do?
Conan Exiles is an open-world survival game set in the brutal world of Conan the Barbarian, in which players survive harsh environments, gather resources, craft weapons and tools, build bases ranging from simple shelters to entire cities, capture and command thralls, and engage in PvE and PvP combat. The game is sold digitally as Conan Exiles Enhanced (powered by Unreal Engine 5) on Steam, with a Legacy edition on Epic Games Store, Xbox, and PlayStation, and is monetized further through paid expansions (Isle of Siptah), DLC packs, seasonal Battle Passes, and Crom Coins in-game currency.
Is Conan Exiles a public or private company?
Conan Exiles is a private company. It is classified as corporate owned and is currently operating.
When was Conan Exiles founded?
Conan Exiles was founded in 2017.
Where is Conan Exiles based?
Conan Exiles is headquartered in Oslo, Norway, in the Europe region.
How does Conan Exiles make money?
Six revenue lines are on record. Base Game Sales are the primary driver. The others are DLC Packs, isle of Siptah Expansion, crom Coins (In-Game Currency), battle Pass and server Hosting Services.
Who are Conan Exiles's main competitors?
Direct peers on record are The Long Dark, ARK: Survival Evolved / ARK: Survival Ascended, Grounded, Subnautica / Subnautica: Below Zero, Rust, Sons of the Forest, 7 Days to Die, DayZ, V Rising and Valheim.
Does Conan Exiles have an API?
No public API is recorded for Conan Exiles.