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Fnatic

Fnatic is a professional esports organisation based in London, England, founded in 2004. It is one of the most successful and valuable organisations in esports, with championship victories across multiple games including the first League of Legends and Counter-Strike: Global Offensive world titles.

Fnatic
Photo: Wikimedia Commons
Founded23 July 2004
HeadquartersLondon, England
FoundersSam Mathews and Anne Mathews
Valuation (2022)$260 million
Major TitlesFirst LoL World Championship (2011), First CS:GO Major (2013)
GamesLeague of Legends, Counter-Strike, Dota 2, Rainbow Six Siege, Rocket League
Key RegionEMEA (LEC)
Notable AchievementOver 200 championship victories across 30 games

Founding and Early Business Moves

Sam Mathews and Anne Mathews established Fnatic on 23 July 2004. The organisation's early growth was fueled by sponsorships, including deals with MSI and SteelSeries from 2008 to 2009 that prompted a temporary name change to FnaticMSI. A partnership with EIZO on 1 June 2011 helped launch their gaming monitors. In January 2012, a title sponsorship with RaidCall enabled a significant expansion into South Korea, making Fnatic the first non-Korean esports team to acquire a professional gaming house in Seoul. The company's headquarters are in London near the Silicon Roundabout, managed by a full-time team including a CEO, CGO, and Sales Director.

Fnatic also runs an independent digital agency named Sannpa for businesses seeking involvement in esports. Major funding arrived in April 2019 with a $19 million Series A round to support expansion in Asia and North America. The organisation's business development includes launching a music label, Fnatic Music, in November 2022 alongside the album Fnatic Island Vol. 1.

Expansion into Multiple Game Titles

Fnatic systematically entered new competitive scenes by acquiring existing teams. In 2006, it acquired a World of Warcraft squad featuring players like TooGood and Vo0, which won top finishes at BlizzCon, Intel Extreme Masters, and Major League Gaming events. The following year, Fnatic entered DotA by acquiring the team XcN DotA, with players including Ritter and BaHaMuT. In 2008, a new DotA team was formed with players such as Loda and Misery.

In 2010, the Heroes of Newerth division FnaticMSI.HoN was restructured with a roster containing future stars like N0tail and Fly. Fnatic entered Dota 2 in 2012 by picking up the former GamersLeague team, though this squad soon parted ways. The organisation announced a return to Dota 2 in 2015 by acquiring and sponsoring Team Malaysia. Later expansions included a one-off return to Heroes of Newerth with an all-Swedish roster that won the HonTour Season 5 World Finals in April 2017, entering Rocket League in October 2017 by acquiring the Leftovers roster, and joining Rainbow Six Siege in April 2018 by acquiring the Mindfreak roster.

League of Legends Success and Record

Fnatic's League of Legends team competes in the League of Legends EMEA Championship (LEC). The team's greatest achievement came in 2011 when it won the inaugural League of Legends World Championship. This victory set a precedent for sustained success in the European league. From that first world title until 2020, Fnatic held the record for the most LEC championships, underlining its status as one of the league's most accomplished organisations over a long period.

Counter-Strike 1.6 Beginnings and Rise

Fnatic entered Counter-Strike in 2004, founded by Freek "FraK" Tammelling. The initial roster, led by Benjamin "diGitaL" Hildén, won CPL Singapore 2005 but had limited international impact. In early 2006, sniper Harley "dsn" Örwall was tasked with building a new team. He recruited Patrik "cArn" Sättermon, Oscar "Archi" Torgersen, and the Begrip duo of Patrik "f0rest" Lindberg and Kristoffer "Tentpole" Nordlund. This lineup found major success, winning CPL Winter 2006. cArn gained recognition as a premier in-game leader from 2006 to 2012 for leading different Fnatic rosters to tournament wins. He retired in March 2012 to become Fnatic's first chief gaming officer.

The team continued with changes, adding players like Michael "Friis" Jørgensen in 2011. After winning events like DreamHack Summer 2012, roster shifts saw Martin "trace" Heldt join and Richard "Xizt" Landstrom leave for Ninjas in Pyjamas, with Emil "FYRR73" Karlsson announced as his replacement.

CS:GO Major Dominance and Roster Turbulence

Transitioning to Counter-Strike: Global Offensive, Fnatic quickly became a top team. In late 2013, under in-game leader Markus "pronax" Wallsten, they won the first ever CS:GO Major tournament, defeating Ninjas in Pyjamas. The 2014 addition of ex-LGB players Olof "olofmeister" Kajbjer and Freddy "KRIMZ" Johansson created a highly successful roster. This team won ESL One Katowice 2015 and ESL One Cologne 2015, securing back-to-back Major victories alongside eleven other international titles, leading many to consider it the strongest CS:GO roster ever.

After pronax stepped down in November 2015, Dennis "dennis" Edman joined. The team remained the world number one until April 2016. Subsequent years involved significant roster changes. In August 2016, flusha, JW, and KRIMZ were transferred to GODSENT, with twist and Lekr0 joining. Olofmeister and dennis departed in 2017. Flusha and Golden rejoined in September 2019, but a slump began in early 2021.

This led to a historic move in 2021, as Fnatic fielded an international roster for the first time since 2013, adding UK players ALEX and mezii. Results were inconsistent, featuring a quarter-final run at the IEM Rio Major 2022 but also failures to qualify for other Majors. The roster continued to change, incorporating players like nicoodoz, roeJ, and FASHR in 2022, and later Christopher "dexter" Nong and Aurélien "afro" Drapier in July 2023, as the team worked to return to the top level.

Sponsorships and Global Partnerships

Fnatic has secured a wide array of commercial partnerships. Beyond early deals with MSI and SteelSeries, the organisation partnered with Luke Millanta in August 2014 to create cosmetic CS:GO weapon skins. A sponsorship with sports betting website Dafabet began on 1 October 2015. In November 2019, Fnatic partnered with Japanese company Sanrio for content and merchandise around the Hello Kitty brand.

Major multi-year global partnerships were announced with Chinese electronics leader Hisense and automotive brand BMW in 2020. In March 2021, Fnatic renewed a partnership with online gaming service LeTou for its Dota 2 squad. In May 2024, the organisation was selected for the Esports World Cup Foundation's Club Support Program, which provides financial support for entering new esports and driving engagement with the tournament series.

Leadership Evolution and Team Management

The organisation was led initially by its founders, Sam Mathews and Anne Mathews. Wouter Sleijffers replaced Anne Mathews as CEO in 2015, with Sam Mathews serving as board chairman. A key competitive figure, Patrik "cArn" Sättermon, transitioned from being a star in-game leader for the Counter-Strike team to taking on the role of chief gaming officer for the entire organisation in 2012. This move formalised a link between competitive expertise and broader organisational strategy.

Team management often involved acquiring and restructuring rosters. For example, the Indian PUBG Mobile team Xspark was acquired in October 2019 but was disbanded in March 2021. The approach of integrating established squads into the Fnatic brand has been a consistent method for entering new competitive titles.

FAQ

When was Fnatic founded?

Fnatic was founded on 23 July 2004 by Sam Mathews and Anne Mathews. The organisation is headquartered in London, England.

What is Fnatic's most famous achievement?

Fnatic won the first ever League of Legends World Championship in 2011. In Counter-Strike: Global Offensive, the team also won the first ever CS:GO Major tournament in 2013.

How many games has Fnatic competed in?

Since its inception, Fnatic has claimed over 200 championship victories across 30 different games. These include League of Legends, Counter-Strike, Dota 2, World of Warcraft, and Rainbow Six Siege.

How much is Fnatic worth?

According to a 2022 valuation by Forbes, Fnatic is worth $260 million. This places it among the top 10 most valuable esports companies in the world.

Where is Fnatic's Counter-Strike team based?

Fnatic's Counter-Strike team has traditionally been located in Sweden. However, starting in 2021, the team moved to field an international roster for the first time since 2013, incorporating players from the UK and other European countries.

Source: English Wikipedia (CC BY-SA), rewritten by the Redington Cybersport desk.

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