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Pragma

Pragma

Private
Culver City, CaliforniaMedia, Entertainment & Gaminghttps://pragma.gg/

Last Round

VC Round

Mar 11, 2025

Total Funding Raised

$38.2M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Pragma is a software development company that provides a backend-as-a-service (BaaS) platform for video game developers to build, scale, and operate online, live-service, and multiplayer games.

Sector

Media, Entertainment & Gaming

Verticals

Gaming, Platform-as-a-Service, Cloud Infrastructure

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

backend-as-a-serviceBaaSgame backendlive-service gamesmultiplayer infrastructuregame development toolsmatchmakinggame commerceplayer authenticationgame server hostinggame opslive opsusage-based billinggame dev platformplayer identity

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Pragma Comparables

Compare Pragma with similar companies based on industry and business-model similarity.

Pragma comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
AccelByte
93%
Beamable
88%
Heroic Labs
86%

Pragma Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundMar 11, 2025
Series BOct 27, 2021
Series AApr 20, 2021
SeedMar 12, 2020

Key People

Founding team and executive leadership

Eden Chen

CEO

Executive Team

Robert van Hoesel

CEO FirstLook

Executive Team

Ross Baker

Chief Technology Officer

Executive Team

James Kuk

Chief Operating Officer

Executive Team

Pragma Investors

Notable investors and investment history

Pragma investors
InvestorRounds
Greylock PartnersSeries B, VC Round, Series A
Upfront VenturesSeries B, Series A, VC Round, Seed
Advancit CapitalSeries B, Seed, Series A
Daher Investment ManagementSeries B
Insight PartnersVC Round, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 8, 2026

    Added Tangensis, Inc, a gaming startup, as a customer.

  • Mar 8, 2026

    Added Treehouse Games, a gaming startup, as a customer.

Pragma Filings

Explore SEC and related filing metadata, where available.

Pragma filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Pragma's valuation, stock price, and market status.

Is Pragma a public or private company?

Pragma is a private company.

What is the current stock price of Pragma?

Pragma is a private company with no public stock price. No recent secondary market data is available.

How much is Pragma worth (valuation)?

Valuation information for Pragma is not publicly available.

Can I buy Pragma stock?

Pragma shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Pragma's last funding round?

Pragma's most recent funding round was VC Round on March 11, 2025.

Who are the main investors in Pragma?

Key investors in Pragma include Upfront Ventures, Insight Partners.

Will Pragma IPO soon?

No public IPO plans have been announced for Pragma.

How can I track Pragma secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Pragma's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersCulver City, California
Employee Range58
Year Founded2019
Last FundingMar 11, 2025

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