The company was founded in 2015 by Jonas Antonsson, ex-vice-president of mobile for Paradox Interactive, and Gordon Van Dyke, formerly a producer for EA DICE on the various Battlefield titles.

[1] In July 2016, Karl Magnus Troedsson stepped down as general manager of EA DICE to become a partner and co-owner of Raw Fury.

[3] At the same time, the company moved headquarters within Stockholm to cope with its growing employee count, which reached roughly 40 people worldwide.

[3] In August 2021, Altor Equity Partners acquired a majority ownership of Raw Fury for an undisclosed price.

"[4] In October 2021, Raw Fury announced that they had entered into a first-look deal with DJ2 Entertainment to develop television and film projects.