Shrapnel

Seattle, WA · Founded 2014 · Privately Held (backing)

Developer of a gaming platform designed to promote competitive play, creation, and player ownership. Shrapnel is based in Seattle, WA and was founded in 2014. It was valued at $1.1 billion at its later-stage round in Aug 2025, the last priced event on record. It has raised $38 million across 1 recorded round; the latest was a $600,000 seed round in Aug 2014.

PMV mark · valuation
$1.1B
Oct 2026
Priced at
its later-stage round
Aug 2025
Total raised
$38.0M
Last round
Seed Round
Aug 2014
What is Shrapnel worth?
$1.1BPrivateMarketView mark · Oct 2026

Valued at $1.1B at its later-stage round, Aug 2025. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Shrapnel funding history

1 rounds
DateRoundRaisedPost-money
Aug 2014Seed Round$600K▮
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Shrapnel valuation

Shrapnel was valued at $1.1 billion at its later-stage round in Aug 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Shrapnel raised?

Shrapnel has raised $38 million in total; 1 of its rounds is on record. The largest on record was a $600,000 seed round in Aug 2014.

Shrapnel has filed 1 Form D with the SEC, most recently in Sep 2014 ($600,000 sold to 7 investors).

How Shrapnel's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Shrapnel, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Shrapnel

What is Shrapnel worth?
Shrapnel is valued at $1.1B as of Oct 2026. Valued at $1.1B at its later-stage round, Aug 2025. Nothing has traded since.
How much has Shrapnel raised?
Shrapnel has raised $38.0M in total funding across 1 recorded rounds.
When did Shrapnel last raise?
Shrapnel last raised in Aug 2014 (Seed Round), raising $600K.