GLITCH
GLITCH is a creator-led, cooperatively-owned ecosystem builder for the indie games industry. It operates the Moonrise Fund, an early-stage equity fund writing $120,000–$250,000 checks into game studios, plus Galaxy Grants and the Future of Play Direct indie showcase.
- Company typePrivate
- Founded2018
- Headquarters—
- Headcount11–50
- GTM typeB2B
- OfferingServices
What GLITCH does
GLITCH is a creator-led, cooperatively-owned ecosystem builder for the independent games industry, founded in 2018 and headquartered in the United States. The organization operates three primary initiatives: the Moonrise Fund, an early-stage equity fund writing $120,000–$250,000 checks into indie game studios (plus $10,000 Galaxy Grants for emerging artists); Future of Play Direct, a Toonami-inspired video game showcase that airs bi-annually during major industry events such as Summer Game Fest and The Game Awards and broadcasts simultaneously on YouTube, Twitch, IGN, GameSpot, and a Steam event hub; and ancillary content products including a Founder's Kit pitch deck collection and the Publish Me, Punish Me discussion series.
The company's business model rests on two non-traditional monetization paths. First, the Moonrise Fund takes equity stakes in portfolio studios without fixed profit or revenue share, generating return potential through future exits rather than recurring fees. Second, Future of Play Direct offers free base participation to indie developers while monetizing optional paid upgrades (desktop icons, ship decorations, game key distribution to creators) on a transaction basis. There is no disclosed subscription or licensing revenue and no published pricing for the showcase add-ons. Revenue figures, headcount, and institutional investors are not disclosed in available sources.
GLITCH serves early-stage indie game studios seeking flexible capital without traditional publisher obligations, indie developers seeking visibility through showcase features, and impact-oriented investors interested in the creator economy. The company maintains a Discord community, a Substack newsletter, and active social channels under the @heyglitch handle, and has expanded Moonrise Fund eligibility to Canada and Australia as of August 2022. The organization is led by founder and CEO Evva Karr and frames itself as a collective building the #FutureOfPlay rather than a conventional fund or media company.
GLITCH firmographics
Firmographics- Name
- GLITCH
- Website
- https://heyglitch.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- GLITCH is a creator-led, cooperatively-owned ecosystem builder for the indie games industry. It operates the Moonrise Fund, an early-stage equity fund writing $120,000–$250,000 checks into game studios, plus Galaxy Grants and the Future of Play Direct indie showcase.
- Ownership category
- akta.pro rank
GLITCH industry classification
Industry- Product category
- Game Industry Investment and Showcase Services
- NAICS
- Grantmaking Foundations (813211)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industry
- SDG / Thematic Sustainable Investment Funds (FSANAJAN)
Keywords
GLITCH business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Others
Revenue model
- Moonrise Fund Equity Investments: GLITCH operates the Moonrise Fund, an early-stage equity fund that backs game studios with $120k-$250k equity checks. The fund follows a model where GLITCH takes equity stakes but does not ask for fixed profit or revenue share that begins at a specific time, allowing creators maximum flexibility. The fund also offers $10k Galaxy Grants for projects from emerging artists.
- Future of Play Direct Showcase Fees: Optional paid upgrades and add-ons for game developers participating in the Future of Play Direct showcase, including desktop icons, ship decorations, and game key distribution to content creators.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | One time/ perpetual license | Moonrise Fund Equity Investment |
| Other | One time/ perpetual license | Galaxy Grants |
| Transaction based/ take rate | Pay-as-you-go | Future of Play Direct Paid Upgrades |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels8 records
GLITCH product offering
Product offeringCore offering
GLITCH runs the Moonrise Fund, an early-stage equity fund that invests $120,000–$250,000 into indie game studios, alongside $10,000 Galaxy Grants for emerging artists. It also produces Future of Play Direct, a Toonami-inspired biannual showcase of indie game trailers and announcements that airs on YouTube, Twitch, IGN, and GameSpot during major events like Summer Game Fest and The Game Awards. Supporting resources include the Founder's Kit pitch deck collection and the Publish Me, Punish Me discussion series on co-development negotiations.
Product overview
GLITCH is a creator-led, cooperatively-owned movement and ecosystem builder for the games industry, founded in 2018. The organization operates two primary products: Future of Play Direct (a Toonami-inspired video game showcase for indie games airing during major industry events) and Moonrise Fund (an early-stage equity fund providing $120k-$250k investments to game studios). These are complemented by Galaxy Grants ($10k for emerging artists), a Pitch Deck Collection resource kit, and the Publish Me Punish Me discussion show. Together, these offerings support the organization's mission to build a more inclusive creative economy for game developers.
Differentiator
Problem solved
Functional benefit
Brands
- Moonrise Fund: An early-stage equity fund backing people, not projects, with $120k-$250k equity checks for game studios and $10k Galaxy Grants for emerging artists.
- Future of Play Direct
- Galaxy Grants
Products and services
- Future of Play Direct
Companies that use GLITCH
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
GLITCH technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
GLITCH partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Sandbox StrategiesminorMedia and PR partner handling press inquiries for Future of Play Direct. Contact: Elena Christensen at [email protected]
- Alex MoukalaminorMusical guest performer at Future of Play Direct, providing live performances featuring songs from Hollow Knight, Tunic, Celeste, and more.
Scale indicators5 records
Recent moves7 records
Expansion highlights4 records
GLITCH competitors and assessment
Company assessmentDirect peers
- London Venture Partners (LVP): Specialist seed-to-Series A investor in the games industry with a founder-first, value-add model — directly comparable to GLITCH's emphasis on flexible founder terms and advisor support.
- Makers Fund: Global interactive entertainment venture capital fund investing across gaming, esports, and creator economy at seed through Series B — directly comparable to Moonrise Fund's thesis of backing people-driven, creator-led studios.
- Bitkraft Ventures: Early-stage venture fund focused exclusively on gaming and interactive entertainment, backing founders at seed and Series A — directly comparable to GLITCH's Moonrise Fund in mandate and stage, though Bitkraft typically writes significantly larger checks.
- 1Up Ventures: Early-stage venture fund focused on gaming, esports, and play, known for small, founder-friendly checks — directly comparable to Moonrise's $120k–$250k seed-check approach and indie focus.
- Indie Fund: Developer-funded collective that provides direct funding to indie game projects with founder-friendly terms — directly comparable to Moonrise's flexible-equity, creator-first mandate and small check size.
- Galaxy Interactive: Venture firm investing in interactive entertainment and gaming at the intersection of creators and technology — comparable to Moonrise's creator-economy-aligned gaming investment thesis.
Broad incumbents
- Raw Fury: Indie games publisher partnering with creative studios on distinctive titles — comparable to GLITCH's curation of studios with bold creative visions.
- Humble Games: Mid-sized indie games publisher with a portfolio of developer-supportive partnerships — comparable to GLITCH as a curated home for indie studios seeking non-traditional publisher support.
- Annapurna Interactive: Curated indie publisher that selectively funds and ships distinctive games from creative-led teams — comparable to GLITCH in backing distinctive creators, though Annapurna operates at much larger publishing scale.
- Devolver Digital: Public indie games publisher with a strong portfolio of distinctive, creator-driven titles — comparable to GLITCH's audience and ethos around bold, unconventional play.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
GLITCH social profiles
Digital presenceGLITCH financial estimates
Financial estimateRevenue estimate
Valuation estimate
GLITCH leadership team
Management profileNumber of profiles
Profiles1 record
GLITCH funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GLITCH 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 GLITCH
What does GLITCH do?
GLITCH runs the Moonrise Fund, an early-stage equity fund that invests $120,000–$250,000 into indie game studios, alongside $10,000 Galaxy Grants for emerging artists. It also produces Future of Play Direct, a Toonami-inspired biannual showcase of indie game trailers and announcements that airs on YouTube, Twitch, IGN, and GameSpot during major events like Summer Game Fest and The Game Awards. Supporting resources include the Founder's Kit pitch deck collection and the Publish Me, Punish Me discussion series on co-development negotiations.
Is GLITCH a public or private company?
GLITCH is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was GLITCH founded?
GLITCH was founded in 2018. It employs 11 to 50 people.
How does GLITCH make money?
Two revenue lines are on record. Moonrise Fund Equity Investments are the primary driver. The others are future of Play Direct Showcase Fees.
Who are GLITCH's main competitors?
Direct peers on record are London Venture Partners (LVP), Makers Fund, Bitkraft Ventures, 1Up Ventures, Indie Fund and Galaxy Interactive. Broad incumbents are Raw Fury, Humble Games, Annapurna Interactive and Devolver Digital.
Does GLITCH have an API?
No public API is recorded for GLITCH.
What industry is GLITCH in?
GLITCH's product category is Game Industry Investment and Showcase Services. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANAJAN, SDG / Thematic Sustainable Investment Funds. Its NAICS code is 813211.