About Scopely
Scopely was founded in 2011 by Walter Driver and Chris DeWolfe, the latter a co-founder of the early social networking site Myspace, building a mobile games publishing and development company that has grown into a major mobile gaming company, both through internally developed original game titles and through licensing well-known intellectual property brands to create mobile games based on established, recognizable franchises, a strategy that can meaningfully reduce the marketing and user acquisition costs associated with building an entirely new, unknown game brand from scratch, since a game based on an already popular and recognizable brand carries built-in awareness and appeal that a wholly original game concept would need to build from zero.
Scopely's most commercially successful title has been Monopoly GO!, a mobile adaptation of the classic Monopoly board game licensed from Hasbro, which became one of the highest-grossing mobile games ever released shortly after its 2023 launch, generating billions of dollars in player spending within its first year, an extraordinary commercial success that significantly elevated Scopely's overall financial profile and industry prominence. The company has developed and published numerous other mobile games based on licensed entertainment properties, including Star Trek Fleet Command, a strategy game based on the Star Trek science fiction franchise, and various other titles built around licensed film, television, and other entertainment brands, alongside some originally developed game concepts not based on licensed intellectual property. Scopely was acquired in 2023 by Savvy Games Group, a gaming investment vehicle backed by Saudi Arabia's Public Investment Fund, in a deal valuing Scopely at approximately $4.9 billion, one of the largest acquisitions in the mobile gaming industry's history, reflecting Saudi Arabia's broader strategic investment push into the global video game industry as part of the country's economic diversification efforts beyond oil revenue. The company continues operating as a subsidiary of Savvy Games Group, continuing to develop and publish mobile games across its portfolio of licensed and original game properties.
