Gamefam Ranks No. 40 on the 2024 Inc. 5000, Earning Title of Fastest-Growing Media Company
With Three-Year Revenue Growth of 6,390 Percent and ranking No. 1 in the Media industry, Gamefam shows the metaverse is the future of media
LOS ANGELES, August 13, 2024 – Inc. revealed today that Gamefam, the leading metaverse media company for Gen Z & Alpha communities, ranks No. 40 on the 2024 Inc. 5000 and No. 1 fastest-growing company in the media industry. The annual list of the fastest-growing private companies in America also recognized Gamefam as the 11th-fastest growing company in California. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.
“We’ve been saying for several years now that Roblox and Fortnite are the future of media,” said Joe Ferencz, founder and CEO of Gamefam. “Building a network on these metaverse platforms has made us the no. 1 fastest-growing private company in the media industry — no better validation of our metaverse thesis than this recognition. After over five years, it’s amazing to take a step back and think about the impact that our team is having on youth culture, engaging Gen Z & Alpha audiences with the most innovative games and brand campaigns, delivered with authenticity to the digital social spaces where they live. We look forward to continuing to set a standard for production excellence and company culture as we drive the future of media together with our partners.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and a fracturing attention economy. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
With top-performing titles and activations on Roblox and Fortnite, FY2023 served as Gamefam’s most successful year yet, achieving more than 35% year-over-year revenue growth and scaling to more than 150 employees. So far in 2024, with over 30 games in its owned and operated network, Gamefam has further cemented what’s become the #1 portfolio in metaverse gaming, with over 11 million average daily visits, 2.6 million average daily hours of gameplay and surpassing 30 billion visits to date. This recognition follows other recent industry recognition, including Fast Company’s Most Innovative Companies, LinkedIn’s Top 50 Startups in the US, Great Place to Work, The Clio Music Awards (Super Bowl LVII activation on Roblox - “Best Partnership or Collaboration”) The Drum Awards (Super Bowl LVII activation on Roblox - “Best Metaverse Partnership” & “Best Metaverse Music Experience”), Webby Awards (Super Bowl LVII activation on Roblox - “Best Performance”), Shorty Awards (Talk to Me activation on Fortnite - “Best Immersive Campaign”) and the Tempest Awards (Streamer Bowl IV in Kappa Canyon on Fortnite – “Best Content Creation Campaign / Initiative” & “Best Esports and Gaming Crossover”).
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
About Gamefam
Gamefam is the leading metaverse media company for Gen Z and Alpha communities. Pairing expert brand strategists with world-class developers, Gamefam successfully delivers strategies for its brand and IP partners through an industry-leading network of games across Roblox, Fortnite and other platforms, driving reach and scale with 360-degree amplification programs informed by proprietary insights and measurement solutions. Established in 2019 as the first professional Roblox developer, Gamefam has now become the largest and most successful metaverse media company, with 30 billion lifetime visits and 11 million average daily visits across its 30+ live-operated game portfolio on Roblox, Fortnite and other platforms. Gamefam has delivered winning metaverse strategies, games and campaigns with top IP partners including Paramount, Warner Music Group, the NFL, Netflix, Mattel, Sony, Sega, Samsung and Crunchyroll. The company successfully created three of the top 10 branded Roblox games of all time; three of the top five Roblox concerts of all time; and the first-ever brand integration into a Fortnite game. Gamefam’s top branded and original franchises include Sonic Speed Simulator, Twilight Daycare, Barbie DreamHouse Tycoon, SpongeBob Simulator, Deadpines: Zombie Survival, Obby But on a Bike HD, Super League Soccer and Car Dealership Tycoon. Gamefam has been honored by Great Place to Work®, Fast Company’s Most Innovative Companies, LinkedIn’s Top Startups, The Clio Awards, The Webby Awards and more. For more information, visit www.gamefam.com.
