Tipspace operates a skill-gaming platform that connects to titles including League of Legends, Teamfight Tactics, Counter-Strike and Valorant to create paid challenges where players contribute to a prize pool and winners take the pot. The company takes a platform fee ranging from 5% to 12% on transacted volume. Founded in 2022 and led by CEO Jean Lucas de Carvalho and five co-founders, Tipspace currently reports about 7,000 monthly active users in Brazil and aims for 1,500 MAUs in its first year of U.S. operations. The startup is using its recent extension round to cover legal, regulatory and operational costs for its U.S. launch and intends to raise a Series A by the end of 2026 with a local lead investor.

Total raised

$3M

Funding rounds

2

Latest round

Seed

Latest activity

Mar 2026