Epic Games was founded in 1991 by Tim Sweeney and Mark Rein. The company has not officially endorsed a plan to participate in an IPO.
Epic Games is best known for its Fortnite and Gears of War video games. Epic Games also established the Unreal Engine for developing video games, which is usable on PC, console, mobile, AR/VR, and web. The company has raised over $1.8 billion in Venture Capital funding from investors including Sony, HOF Capital, ICONIQ Capital, Kleiner Perkins, Lightspeed Venture Partners, Smash Ventures, Vernon & Park Capital, Vulcan Capital, Disney Accelerator, and Tencent. Per company press releases, Epic Games last raised $250 million in July 2020 at an undisclosed post-money valuation.