ABOUT INDIE FUND
What is Indie Fund?
Indie Fund is a funding source for independent developers, created by a group of successful indies looking to encourage the next wave of game developers. It was established as a serious alternative to the traditional publisher funding model. Our aim is to support the growth of games as a medium by helping indie developers get (and stay) financially independent.
Additional details about the need for Indie Fund and the rationale behind it were shared at the Game Developers Conference in the talk titled Indies and Publishers: Fixing a System that Never Worked.
What is Indie Fund’s investment model?
We make smaller investments and ask for less in return. The hope is that developers see enough revenue from their game to self-fund their next project. And voilà, one more developer that is free to make whatever crazy game they want.
Here’s a quick summary of how our funding works:
- Flexible budget, no milestones – Upon signing the funding agreement we start delivering monthly payments to cover your ongoing costs. You give us monthly builds so that we can see how the game is progressing, but there are no pre-set milestones to meet. You are free to experiment and evolve your design as you go, so long as you don’t run too far over budget. Our pockets aren’t infinitely deep, unfortunately.
- Proportional repayment – Once the game is released, you first pay back the investment and then share a small percentage of the revenue. The exact percentage is proportional to the amount of funding you needed to complete your game. If you needed 20% less funding than you originally thought, you’d end up paying 20% less revenue share to Indie Fund.
- No long term obligations – If the game did not generate enough revenue to repay the investment within 3 years of release, the agreement expires and you no longer owe Indie Fund anything. Whatever revenue your game generates from that point on is yours to keep. If the game does generate enough revenue to repay the investment the agreement could expire even sooner leaving 100% of the revenue to you.
We will likely make our funding agreement fully public at some point in the future but we first want to gain more confidence that our model works as expected.
Who is Indie Fund?
- Jonathan Blow - Creator of Braid (XBLA / PSN / PC), founder of the Experimental Gameplay Workshop, currently working on The Witness.
- Ron Carmel – Co-Founder of 2D BOY and co-creator of World of Goo (WiiWare / PC), currently working on unannounced project.
- Kyle Gabler – Co-Founder of 2D BOY and co-creator of World of Goo (WiiWare / PC), Co-Founder of the Experimental Gameplay Project, currently working on unannounced project as part of Tomorrow Corporation.
- Aaron Isaksen – Co-Founder of AppAbove Games and co-creator of Cadena de Presos and Armadillo Gold Rush (BREW / J2ME / Blackberry), currently working on Rocket Blocks and unannounced project.
- Kellee Santiago – Co-Founder and President of thatgamecompany: flOw (PSN), flOwer (PSN), currently working on Journey.
- Nathan Vella – Founder and President of Capy, responsible for Critter Crunch (PSN / iPhone), Might and Magic: Clash of Heroes (DS/XBLA/PSN), currently working on a handful of games, including Superbrothers: Sword & Sworcery EP.
- Matthew Wegner – Founder of Flashbang Studios (Off-Road Raptor Safari, Blurst), Independent Games Festival co-chair, Independent Games Summit Advisor, TIGRadio host, Fun-Motion editor. Currently working on unannounced project.
