What Ludogram does

Ludogram is a privately held French video game studio founded in 2022 in Lille (4, rue Gounod, 59800) by four founders — Edouard Gaudel (CEO), César Grislain (Creative Director), Martin Titillon (Lead Dev Unity) and Vianney Petit (Lead Dev Backend) — and grown to more than 20 employees and collaborators across narrative design, programming, art, QA, marketing and localization. The studio specializes in narrative-driven interactive entertainment, with a portfolio spanning a mobile interactive series (Light on the Serieplay platform, 2021), a Slavic-folklore visual novel (Firebird, released August 2, 2023 on PC, Mac and Nintendo Switch at $11.99/€11.99), a Twitch-integrated RPG (Minotaure, with narrative designer FibreTigre), and an upcoming party-based RPG (Worlds of Aria, published by Ishtar Games for Steam, Switch, PS5 and Xbox Series X/S).

The studio's core technology is built on the Unity game engine, with proprietary features including cross-platform multiplayer supporting up to four players (online, local and cross-platform), choice-based narrative systems with multiple endings, and the mobile Serieplay storytelling platform. Ludogram's go-to-market is product-led and community-led: games are distributed directly through global digital storefronts (Steam, Nintendo Switch eShop, App Store, Play Store) and the studio grows audience via Discord, a monthly Dev Diary newsletter, Steam wishlists and press outreach, with public funding support from French institutions including BPI France, CNC, Pictanovo, Spiel Fabrique and Région Hauts-de-France.

Ludogram operates a pure premium, one-time-purchase revenue model (no subscription, no F2P or live-ops monetization) targeting individual B2C consumers across three primary personas: tabletop-RPG fans seeking collaborative multiplayer, narrative-adventure enthusiasts drawn to story-rich experiences with meaningful choices, and mobile users seeking accessible interactive storytelling. Customers are fragmented end-consumers served through global marketplaces rather than enterprise buyers, and there is no evidence of disclosed revenue, external institutional venture investment, or M&A activity in the available data.

Name

Ludogram

Legal name

Ludogram

Website

https://ludogram.io

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Ludogram is a privately held French indie video game studio in Lille that develops narrative-driven interactive games — including the mobile Serieplay series, the Slavic-folklore visual novel Firebird, and the upcoming cross-platform multiplayer RPG Worlds of Aria — for individual consumers across PC, console, mobile and Twitch.

Ownership category

akta.pro rank

Product category

Indie Video Games

NAICS

Software Publishers (513210)

SIC

Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Tabletop RPG Miniatures & Terrain (CRALAKAD)

akta.pro secondary industry

Wargaming Miniatures (Tabletop Armies) (CRALAKAC)

Keywords

• Narrative video games
• Indie game studio
• Multiplayer RPG games
• Visual novel games
• Interactive storytelling

Headquarters

HQ city

Lille

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Game Sales: One-time purchase model for PC and console games. Firebird priced at $11.99/€11.99, Worlds of Aria price TBA. Revenue generated from direct game sales through Steam, Switch eShop, and future console releases.
2. Mobile App Distribution: Light/Serieplay available on iOS App Store and Google Play Store as mobile interactive series application.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Ludogram is an independent French video game studio that develops and publishes original narrative-driven video games across multiple platforms (PC, console, mobile). Its portfolio includes a cross-platform multiplayer RPG (Worlds of Aria), a Slavic folklore visual novel (Firebird), a mobile interactive series (Light/Serieplay), and a Twitch-integrated audience RPG (Minotaure).

Product overview

Ludogram is an independent French video game studio specializing in narrative and interactive storytelling games. The company offers a portfolio of distinct products: Worlds of Aria (a multiplayer party-based RPG), Firebird (a Slavic folklore visual novel adventure), Light/Serieplay (a mobile interactive series), and Minotaure (a Twitch-integrated game). These products share a focus on narrative-driven interactive experiences with choice-based mechanics, though they span different genres (RPG, visual novel, interactive series) and platforms (PC, mobile, console, Twitch streaming).

Differentiator

Problem solved

Functional benefit

Brands

• Serieplay: Mobile application consisting of original narrative stories that everyone can relate to, featuring games like Light.

Products and services

• Worlds of Aria A party-based RPG inspired by tabletop role-playing games, playable by up to 4 players online, locally, and cross-platform. Features dice-rolling mechanics, collaboration and betrayal gameplay, and up to 10 playable heroes.
• Firebird A visual novel adventure game set in Slavic folklore. Players accompany Mariska and Vassilissa on a narrative road trip to the far north, managing resources while discovering Slavic myths and legends. Features hand-drawn art by Quentin Vijoux and narrative writing by FibreTigre.
• Light (Serieplay) A mobile application featuring original narrative stories about love, adventure, and oppression. The story follows Alex and Mackenzie, separated by light years, with their journey lasting days from their perspective but 40 years from Earth's frame of reference.
• Minotaure

Quantifiable outcome

• Up to 4 players can play together online, locally, and cross-platform in Worlds of Aria
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Ishtar GamescoreChannel Partner/ Reseller/ DistributorPublishing partner for Worlds of Aria; handles distribution and publishing on Steam, Switch, PS5, and Xbox platforms
• FibreTigrecoreStrategic or Co-development PartnerNarrative designer credited for Firebird's Slavic folklore story (also known for Out There); provides storytelling expertise and creative direction for narrative games
• Quentin VijouxcoreStrategic or Co-development PartnerHand-drawn artistic style artist for Firebird, responsible for visual design and artistic direction
• Hugo LabrandeminorStrategic or Co-development PartnerOriginal story creator for Light/Serieplay, provides narrative content and interactive storytelling expertise

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Dotemu: French publisher/developer specializing in indie and retro-style games, comparable as a French games ecosystem participant publishing indie titles across platforms.
• Spiders: French RPG studio behind GreedFall and The Technomancer, comparable as a French indie studio producing narrative-driven RPGs for PC and consoles.
• Microids: French video game publisher with a catalog of adventure and narrative titles, comparable as a French indie publishing environment peer.
• Amplitude Studios: Paris-based strategy game studio (Endless series, Humankind), comparable as a successful French indie studio operating in the European games ecosystem.

Direct peers

• Supergiant Games: Independent studio behind Hades and Bastion, comparable as a small indie studio focused on narrative-rich, choice-influenced gameplay across multiple titles.
• Quantic Dream: Paris-based studio behind Heavy Rain and Detroit: Become Human, comparable as a French narrative/choice-driven game developer with a similar storytelling focus.
• Telltale Games: Studio known for The Walking Dead and choice-based narrative adventure games, comparable to Ludogram's Firebird visual novel and choice-driven storytelling approach.
• Dontnod Entertainment: French narrative game studio known for Life is Strange and Tell Me Why, directly comparable to Ludogram as a French indie studio focused on choice-driven narrative games.

Broad incumbents

• Obsidian Entertainment: Developer of Pillars of Eternity and The Outer Worlds, comparable as a narrative-focused RPG studio with party-based mechanics and choice-driven storytelling.
• Larian Studios: Developer of Baldur's Gate 3 and Divinity: Original Sin, the most prominent party-based RPG studio; comparable as Worlds of Aria targets the same co-op tabletop-inspired RPG niche at a much larger scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ludogram

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Ludogram