Skillz operates a mobile eSports platform that lets users compete in thousands of mobile games and hosts more than half a million competitions each day. Founded in 2012 by Andrew Paradise, the company says it is used by over 12 million gamers and has hosted more than 100 million mobile eSports tournaments. Skillz reported it crossed a $100M revenue run-rate earlier in the year and has collected six issued patents. The company partners with more than 3,000 game studios to supply content for its platform. Recent product rollouts include its eSports ticker technology and a multi-app chat technology. These product additions appear aimed at deepening engagement across its existing user and studio base. Skillz provides a mobile sports tournament and eSports platform that powers competitions for more than 1,100 mobile game studios. The platform has hosted over 40 million mobile eSports tournaments for players in more than 180 countries. Founded in 2012 by CEO Andrew Paradise and based in San Francisco, Skillz supplies platform technology to mobile game studios and organizes competitive events. The company plans to use the new capital to market the platform, roll out its recently announced live events technology, and expand teams in Boston and San Francisco. As of this round Skillz has raised $28M in total funding. Drew Tarlow from Wildcat joined Skillz’s board as part of the financing. Skillz provides a competition system and SDK that enables developers to add tournament play and prize-backed competitions to mobile games. The platform monetizes through tournament fees and distributes more than $10,000 in prizes daily. Skillz operates over 50,000 competitions a day across hundreds of mobile titles, driving player engagement and new revenue for developers. The company says developers from publicly traded studios to solo indie creators are adopting the platform to boost monetization. Skillz launched its proprietary platform in April 2013 and was founded in 2012, with offices in San Francisco and Boston. The recent financing is intended to fund a multi-million dollar user acquisition program aimed at developers launching games on the Skillz platform. Skillz offers a tournament SDK for mobile games that supports cash and virtual-currency play. The platform includes tournament creation, management and payouts, integrated anti-cheating solutions, developer support and system services, gamer account management, and gamer customer support. The company was founded in March 2012 by Andrew Paradise and is based in San Francisco, CA and Boston, MA. In June 2013 Skillz raised $5.5M in a Series A financing led by Atlas Venture. The company intends to use the capital to grow its marketing and customer service teams and to expand its developer relations team. No revenue or user metrics are provided in the article.

Total raised

$52M

Funding rounds

5

Latest round

Series C

Latest activity

Dec 2017