The company was founded in the late 1990s as a contractor to Mattel, and have since grown to an independent studio creating their own lines of figures as well as manufacturing third party designs under license.

In September 1999, the three left McFarlane to found Four Horsemen Studios along with former partner, Chris Dahlberg, where, in a partnership with Mattel, they created hundreds of figures for Mattel's Masters of the Universe, The Dark Knight, Harry Potter, DC Universe Classics and Man of Steel toy lines, among others.

The studio has developed several in house properties including: Seventh Kingdom, Gothitropolis, Magma Corps, Symbiotech, and Mythic Legions In early 2010, the Horsemen made the leap into licensed action figures.

The studio signed a deal to produce figures based on the 1960s sci-fi toy line The Outer Space Men.

The first original line to make it into production, Seventh Kingdom's Xetheus won the first Fantastic Exclusive competition in 2005.

The third original line to actually be produced as figures, Gothitropolis includes Scarabus, the Time Keepers, and all the members of the Raven Flocks via two kickstarters.

"The action figure line consists of an endless variety of characters ranging from heroic knights and dwarves to evil orcs and skeleton soldiers.

[3] Wave 1 At San Diego Comic-Con 2015, Four Horsemen Studios revealed the prototype of a Troll deluxe figure for Mythic Legions.

[8] Four Horseman Studios launched a second successful Kickstarter campaign, Mythic Legions: Advent of Decay, in 2017.

Mattel has commissioned Four Horsemen Studios for most if not all the figures in the DC Comics lines including Man of Steel, Dark Knight Rises.

In between Four Horsemen Studios offered The Time Keepers, also from Gothitropolis 2008 and Queens court, 11 ladies representing 5 of the seven Kingdoms.