Scopely was founded in 2011 by Walter Driver, Javier Ferreira, Eytan Elbaz, Rick Hess, and Ankur Bulsara. In 2022, the company appointed Salaam Coleman Smith to its board of directors. Coleman Smith has extensive leadership experience within public companies, but when asked if the appointment could be a sign of an upcoming IPO, CEO Driver said "Our priority now is building the best business we can by building long term game experiences, investing in the future of play, and further expanding our ‘operating system.’ Salaam is a critical part of our scaling journey." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Scopely helps video game developers monetize their free-to-play products. The company has made 6 acquisitions and has raised $998 million in venture capital funding. Their latest round brought in $340 million from investors including Wellington Management LLP, NewView Capital, TSG Consumer Partners LLC, BlackRock, Inc., and CPP Investments. Scopely has a post-money valuation of $3.3 billion, nearly double their valuation from less than a year before.