The series was ordered by Netflix in January 2021 as an anime-style television series based on Tomb Raider, produced by Crystal Dynamics, Legendary Television, dj2 Entertainment and Tractorpants, with a two-season order and a writers' room that broke in May 2021.

The show is set in the same continuity as the Survivor reboot trilogy, taking place after Shadow of the Tomb Raider (2018) and bridging the gap between the reboot games and the original Tomb Raider game series.

Allen Maldonado voices Zip, a tech expert character first introduced in the 2000 game Tomb Raider: Chronicles who had not appeared in the franchise since 2008's Tomb Raider: Underworld, marking his first appearance in the reboot continuity.

Before the series premiered, Allen Maldonado had already voiced Zip for the 2022 attraction Tomb Raider: The Live Experience in Camden Market.

Earl Baylon reprises his role as Jonah Maiava, a character from the video game reboot trilogy, continuing his performance into the animated series.

Showrunner Tasha Huo revealed that Camilla Roth is an entirely new character created for the series, and that scenes cut from the show would have had Camilla share more stories about her father, Conrad Roth.

Several critics, including Matt Patches of Polygon, compared the relationship between Lara Croft and Camilla Roth to Korrasami (Korra and Asami Sato from The Legend of Korra), noting it could be read as either romantic or a deep friendship.

The series holds a 73% approval rating from 22 critics on Rotten Tomatoes with an average score of 6.5/10, and a Metacritic score of 65/100 based on 7 reviews, indicating generally favorable reception.

Multiple reviewers compared the series' animation style to other animated video game adaptations such as Castlevania, Cyberpunk: Edgerunners, Dota: Dragon's Blood, Arcane: League of Legends, and Dragon Age: Absolution.