Ledger & Lore
← Back to the archive

FaZe Clan

Gaming / EsportsUSAClosed 2025

Total Raised

Undisclosed

Peak Valuation

$1B

Employees

Year Collapsed

2025

Business model

Esports team ownership combined with content creation and influencer talent management, monetized through sponsorships, merchandise, and media deals.

In brief

Grew from a Call of Duty YouTube channel into one of the most recognizable names in esports and gaming content, reaching a billion-dollar valuation via a 2022 SPAC merger. The SPAC structure let it skip traditional IPO scrutiny while projecting aggressive revenue targets that pro…

See the What Happened tab for the full account.

Key facts

Founded
2010
Closed
2025
Headquarters
Los Angeles, USA
Industry
Gaming / Esports
Employees
Revenue
Undisclosed

Related failures

Often compared with: 100 Thieves, Team Liquid.