Dream Games was founded in Turkey in 2019 by a group of former executives of Peak Games. In 2021 they launched their first game, Royal Match, a match-3 puzzle game with a narrative of restoring a king’s castle. It quickly became a success as one of the most downloaded and most revenue generating mobile puzzle games.
Like many puzzle games developed since the launch of Candy Crush, Royal Match operates on a freemium model, with the option of purchasing in-game items to help pass levels.
Dream Games benefitted from early investment, raising the largest-ever Series A funding round at the time for a Turkish company at $50 million while only having soft-launched Royal Match. The company has since grown to be worth more than $2.8 billion and a follow-up game, Royal Kingdom, has launched in several countries.
Royal Kingdom has taken the base gameplay of Royal Match and added player versus player features and player rank.
Dream Games is attempting to expand internationally, opening its first foreign office in London in 2022. Royal Match has consistently been in the top 10 rankings for app download and revenue in the UK, US and other markets.
We have collected data and statistics on Royal Match. Read below to find out more.
Royal Match Key Statistics
- Royal Match earned $1.4 billion in 2024, an increase of 56% on the year prior
- It has made $3 billion in lifetime revenue since launch in 2021
- Royal Match has been installed over 300 million times since launch
- Dream Games was valued at $2.8 billion in 2022
Royal Match Overview
| Title | Title 2 |
|---|---|
| Launch date | February 2021 |
| HQ | Istanbul, Turkiye |
| People | Soner Aydemir (CEO) |
| Business type | Private |
| Industry | Mobile games |
Royal Match Revenue
Royal Match made $1.4 billion revenue in 2024, making it one of the top grossing games of the year.
Royal Match revenue 2021 to 2024 ($mm)
| Year | Revenue ($mm) |
|---|---|
| 2021 | 172 |
| 2022 | 428 |
| 2023 | 932 |
| 2024 | 1461 |
Source: AppMagic
Royal Match Users
The number of active users of Royal Match sat at 33 million in 2023, an increase of over 150% on the year prior.
Royal Match active users 2021 to 2024 (mm)
| Year | Users (mm) |
|---|---|
| 2021 | 5.3 |
| 2022 | 13 |
| 2023 | 33 |
Sources: CNBC, Company data
Royal Match Downloads
Royal Match was installed 113 million times in 2024, a slight decrease on the previous year but still making it one of the most popular gaming apps in the world.
Royal Match downloads 2022 to 2023 (mm)
| Year | Downloads (mm) |
|---|---|
| 2021 | 29 |
| 2022 | 41 |
| 2023 | 137 |
| 2024 | 113 |
Source: AppMagic
Dream Games Valuation
Dream Games was most recently valued at $2.8 billion, with Royal Match’s success boosting the company’s value.
Dream Games valuation 2021 to 2023 ($bn)
| Year | Valuation ($bn) |
|---|---|
| 2020 | 0.2 |
| 2021 | 1 |
| 2022 | 2.8 |
Sources: Business Wire, Yahoo
Royal Match FAQ
How many levels are on Royal Match?
Royal Match has more than 4500 levels available to play.
How much profit does Dream Games make?
Dream Games had a net loss of $207 million in 2021.
Has Dream Games had any external investment?
After three funding rounds Dream Games has raised $468 million in investment.
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