XY Gaming operates an asynchronous global esports tournament platform that uses proprietary technology to let users compete for cash prizes across titles such as League of Legends and Dota 2, with support for Fortnite, Rocket League, and CSGO. The platform automatically tracks in-game statistics and scores players based on performance, distributing payouts via PayPal, credit cards, or marketplace credit and splitting cash awards among roughly 30–40% of participants to boost participation. To date the company has hosted over 16,000 tournaments and 12.5 million games, and the site reports more than 100,000 registered users and once attracted over 1 million people in a single tournament. XY Gaming has worked with brands including HyperX, GFuel, PaySafeCards, Sennheiser and Pinnacle, and offers brands advertising and engagement access to its user base. The company will use the new capital to develop a branded-tournaments advertising model, expand its advertising vertical, hire more staff, run marketing campaigns, secure partnerships and influencer sponsorships, and add additional well-known game titles like Fortnite and Apex Legends. The company was co-founded in San Francisco.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2019