Invoke Studios
Invoke Studios is a Montreal-based AAA video game development studio and subsidiary of Wizards of the Coast that builds games based on the Dungeons & Dragons franchise, currently developing Warlock, a dark fantasy third-person action-adventure title slated for 2027 release.
- Company typePrivate
- Founded2012
- HeadquartersMontreal, Canada
- Headcount101–250
- GTM typeB2C
- OfferingSoftware
What Invoke Studios does
Invoke Studios is a Montreal-headquartered AAA video game development studio operating as a subsidiary of Wizards of the Coast, itself a subsidiary of Hasbro, Inc. Founded in 2012 and located in downtown Montreal, the studio develops high-fidelity games built on the Dungeons & Dragons franchise for a global audience of RPG and fantasy enthusiasts. Headcount sits in the 101-250 range and the studio is actively recruiting across disciplines.
The studio's flagship in-development title is Warlock, an AAA third-person action-adventure game set in a dark fantasy open world inspired by Dungeons & Dragons. Built on the proprietary "Warlock Game Engine," Warlock centers on Kaatri, a veteran warrior who makes pacts to wield forbidden magic. The title combines magic and melee for tactical combat, deliberately eschewing dice rolls or turn-based mechanics in favor of a magic-heavy single-player experience. Warlock is scheduled for release in 2027 under publisher Wizards of the Coast.
Commercially, Invoke Studios is a captive development studio within the Wizards of the Coast family, generating revenue through game sales distributed via major digital storefronts (Steam, PlayStation Store, Xbox Store) and physical retail channels. The studio carries on D&D's tradition of brand-led AAA development under Hasbro's wider strategy to expand the franchise into video games, leveraging the parent's brand recognition, distribution infrastructure, and event-marketing reach (e.g., Gen Con, voice actor reveals). As of the input data, Warlock has not been released; the studio's outbound revenue materializes only on commercial launch.
Invoke Studios firmographics
Firmographics- Name
- Invoke Studios
- Legal name
- Invoke Studios
- Website
- https://invokestudios.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Invoke Studios is a Montreal-based AAA video game development studio and subsidiary of Wizards of the Coast that builds games based on the Dungeons & Dragons franchise, currently developing Warlock, a dark fantasy third-person action-adventure title slated for 2027 release.
- Ownership category
- akta.pro rank
Where Invoke Studios is headquartered
LocationHeadquarters
- HQ city
- Montreal
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Invoke Studios business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Game Sales: Revenue generated from selling video games (AAA titles) directly to consumers through digital distribution platforms and retail channels. Warlock is described as a single-player experience slated for 2027 release.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Invoke Studios product offering
Product offeringCore offering
Invoke Studios is a Montreal-based AAA video game development studio that designs and builds high-quality games for a global audience, focused on the Dungeons & Dragons franchise. Its flagship product, Warlock, is a single-player third-person action-adventure game set in a dark fantasy open world, featuring magic-and-melee combat without dice rolls or turn-based mechanics, slated for a 2027 release and published by Wizards of the Coast.
Product overview
Invoke Studios is a game development studio creating a single major product: Warlock, an AAA third-person action-adventure game set in a dark fantasy open world inspired by Dungeons & Dragons. The studio operates as part of the Wizards of the Coast family, developing magic-heavy gameplay where players wield forbidden magic through the character Kaatri, a veteran warrior. The game combines exploration and combat mechanics with no dice rolls or turn-based elements, scheduled for a 2027 release.
Differentiator
Problem solved
Functional benefit
Products and services
- Warlock Warlock is a third-person action-adventure game set in a dark fantasy open world inspired by Dungeons & Dragons. Players control Kaatri, a veteran warrior who makes pacts to wield forbidden magic to overcome challenges; exploration uses spells as keys to unlock mysteries, and combat fuses magic and melee for tactical and visceral encounters. It is a single-player AAA title targeted at Dungeons & Dragons fans and action-adventure gamers worldwide.
Companies that use Invoke Studios
Customer profileSegments1 record
Ideal customer profiles1 record
Invoke Studios technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Invoke Studios partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Wizards of the CoastcoreInvoke Studios is part of the Wizards of the Coast family and develops games based on Dungeons & Dragons intellectual property. The studio carries on the tradition of quality games built on the legendary D&D brand. All studio activities and game development are conducted under the Wizards of the Coast umbrella, contributing to the collection of games that have inspired players and developers for decades.
Scale indicators1 record
Recent moves4 records
Expansion highlights5 records
Invoke Studios competitors and assessment
Company assessmentDirect peers
- Obsidian Entertainment: Microsoft-owned AAA RPG developer behind The Outer Worlds, Avowed, and Pillars of Eternity. Comparable on narrative-rich Western RPG output and publisher-owned studio operating model.
- Santa Monica Studio: Developer of the God of War series, a mythology-driven third-person action-adventure franchise. Comparable on third-person combat, narrative-driven single-player AAA scope, and publisher-owned studio model.
- Naughty Dog: Sony-owned AAA studio known for third-person action-adventure franchises (Uncharted, The Last of Us). Comparable on third-person action-adventure game format and premium single-player model.
- FromSoftware: Japanese developer of Elden Ring, Dark Souls, and Bloodborne. Comparable on challenging third-person combat systems and AAA action-RPG product category, though with distinct design philosophy.
- Crystal Dynamics: Developer of the Tomb Raider franchise and Marvel's Avengers. Comparable on AAA third-person action-adventure single-player development with publisher backing.
- BioWare: Veteran AAA RPG studio behind Neverwinter Nights and other D&D-licensed titles, plus Dragon Age and Mass Effect. Comparable as a major Western RPG studio operating inside a larger publisher (EA).
- CD Projekt Red: Polish AAA RPG developer behind The Witcher series and Cyberpunk 2077. Comparable on third-person open-world action-RPG format and dark-fantasy/mature thematic content.
- Guerrilla Games: Sony-owned developer of the Horizon franchise, an open-world third-person action-RPG. Comparable on open-world third-person action gameplay and AAA single-player development at scale.
- Bethesda Game Studios: Developer of The Elder Scrolls and Fallout franchises, both large-scale open-world single-player RPGs. Comparable on product category (single-player open-world AAA RPG) and target audience overlap.
- Larian Studios: Belgian developer of Baldur's Gate 3, the most successful D&D-branded AAA RPG to date. Most directly comparable peer given shared D&D IP, AAA RPG scope, and Western fantasy setting.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Invoke Studios social profiles
Digital presenceInvoke Studios financial estimates
Financial estimateRevenue estimate
Valuation estimate
Invoke Studios leadership team
Management profileNumber of profiles
Invoke Studios funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Invoke Studios 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 Invoke Studios
What does Invoke Studios do?
Invoke Studios is a Montreal-based AAA video game development studio that designs and builds high-quality games for a global audience, focused on the Dungeons & Dragons franchise. Its flagship product, Warlock, is a single-player third-person action-adventure game set in a dark fantasy open world, featuring magic-and-melee combat without dice rolls or turn-based mechanics, slated for a 2027 release and published by Wizards of the Coast.
Is Invoke Studios a public or private company?
Invoke Studios is a private company. It is classified as corporate owned and is currently operating.
When was Invoke Studios founded?
Invoke Studios was founded in 2012. It employs 101 to 250 people.
Where is Invoke Studios based?
Invoke Studios is headquartered in Montreal, Canada, in the North America region.
How does Invoke Studios make money?
One revenue line is on record: game Sales.
Who are Invoke Studios's main competitors?
Direct peers on record are Obsidian Entertainment, Santa Monica Studio, Naughty Dog, FromSoftware, Crystal Dynamics, BioWare, CD Projekt Red, Guerrilla Games, Bethesda Game Studios and Larian Studios.
Does Invoke Studios have an API?
No public API is recorded for Invoke Studios.