United States · Computer games startup

Mountaintop Studios

Mountaintop Studios was an independent game studio founded in 2020 by Nate Mitchell and Matt Hansen.

Funding reportedLast round: Series A

Computer gamesLos Angeles, United States

About Mountaintop Studios

Mountaintop Studios was an independent game studio founded in 2020 by Nate Mitchell and Matt Hansen.

Based in San Francisco, California, with additional operations in Los Angeles, the studio was composed of industry veterans from major gaming companies. It raised approximately $65.5 million in funding, including a $30 million Series A in 2021. The studio developed a free-to-play tactical shooter called Spectre Divide, which featured a unique "two-body" mechanic for gameplay. The game aimed to attract players who enjoy competitive multiplayer experiences. Unfortunately, Mountaintop Studios closed in March 2025, just six months after launching Spectre Divide, due to challenges in achieving sustainable player engagement and revenue.

What company datasets say Mountaintop Studios raised

Funding, as reported

Reported in all$86Min dollars
Rounds4
Last roundSeries A
Last round size$30M
Last round dateJan 2024
Investors listed24
SEC Form D$20M sold, 1 filing, last Sept 2023

Founders and team

From the SEC filings it signed: 2 on the team.

  • Nathaniel MitchellChief Executive Officer, Chief Financial Officer and Secretaryi
  • Matthew HansenChief Operating Officeri

On the board, as filediJonathan Lai

On a portfolio page

Investors who name them

Each firm lists Mountaintop Studios on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

librariesgame industry veteransconsumersplayer retentiongame player retentionfuturistic shooter mechanicsgame successgame industry success metricsgame monetizationgame industry trendsgame community buildinginformation technology & servicesgame community focusglobal talentveteran game developersgame industry veteran leadership

Built with from their website

AINetlifyZendeskRemoteAndroid

Sector
Computer games
Industry code
NAICS 519, 513210, SIC 7933, 7372
Region
California
Revenue
$2.2M a year, as listed
Full record
Every detail in the company directory

Computer games in United States

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