All Brands Owned by Chess.com LLC

Who owns Chess.com?
Chess.com is owned by Chess.com LLC, a private company controlled by co-founder and CEO Erik Allebest. The founders hold the dominant ownership of a business that has raised only about $2 million in outside capital.

Is Chess.com publicly traded?
No. Chess.com LLC is privately held and profitable, with no stock listing or public shares.

How many users does Chess.com have?
The platform had approximately 243 million members at the end of 2025, with about 8.7 million daily active users and 2.5 billion games played in the fourth quarter of that year.

Does Magnus Carlsen own Chess.com?
No. Chess.com acquired Carlsen's company, Play Magnus Group, in 2022 for approximately $83 million. Carlsen is a paid ambassador and frequent participant in its events but does not own Chess.com.

Where is Chess.com based?
The company is legally headquartered in Orem, Utah, but operates as a fully remote company with roughly 660 employees across more than 60 countries.

How does Chess.com make money?
Revenue comes primarily from paid subscriptions, plus advertising shown to free users, esports sponsorships, and subsidiary products such as ChessKid and Chessable. Estimated annual recurring revenue exceeds $150 million.