Vulcun operates a fantasy esports platform offering paid contests and multi-million-dollar prize pools for titles like StarCraft 2, League of Legends, and CS:GO. The company takes a 15 percent commission on wagered funds between groups of fantasy players. Vulcun currently has a $4 million 2015 guaranteed prize pool and has paid out more than $750,000 in the past ten weeks. Management says the new capital will be used to build out its network of supported games and that it has no short-term plans for a large promotional event. Vulcun positions itself alongside daily‑payout fantasy sports operators such as DraftKings and is betting on esports as a growing entertainment segment. Its fundraising reflects a wider industry legitimization, referenced in the article by Amazon’s purchase of Twitch.

Total raised

$12M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2015