Hello Neighbor 2 will be on the Xbox platforms.

Hello Neighbor indie publisher TinyBuild goes public with $474M valuation

Indie games publisher TinyBuild, known for its Hello Neighbor games, went public on the London Stock Exchange’s AIM market, with a valuation of $474 million.

The Seattle-based company raised $49 million in the initial public offering (IPO), and the stock closed at £215 ($298.76), up from the opening price of £169. The closing value of the company was $600 million. It’s a rare moment for an indie game publisher, as most companies in this category do not go public. That money could fund a lot of indie releases, which are often the most creative.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.