Challengermode
Esports infrastructure provider for gamers, organizers, and game developers. It has hosted competitions for regular gamers to congregate, practice, or compete in esports. It automates tournament infrastructure through game integrations and allows gamers to easily play in competitions, tournaments, and leagues across any device or console while enabling community building and monetization at scale for organizers of all kinds. The platform hosts both free-to-play and Pay-to-play tournaments and supports solo and team matches. The platform supports only the 'League of Legends' and 'Counter-Strike: GO'. Monetary transactions on the platform are enabled by Visa and MasterCard. The platform also offers a real-time chat feature for its gamers.
Challengermode Overview
Founded Year2014
LocationStockholm, Sweden
Company StageSeries A
Total Funding$14M
Last Funding Round$12M, Series A, Aug 26, 2020
Similar Cos.Challengermode, Faceit, BetOnYou, Qureka, Mission Control & 119 others
Disclaimer: Total Funding = Total Disclosed Equity Funding (Pre-exit)Challengermode Funding Rounds
| Date | Funding Amount | Funding Round | Investor Details |
|---|---|---|---|
| Aug 26, 2020 | $12M | Series A | Electronic World Trade Platform, GP Bullhound and 3 others |
| Feb 24, 2017 | $1.3M | Seed | - |
| Aug 30, 2016 | Undisclosed | Seed | - |
| Aug 24, 2015 | $700K | Seed | - |
Challengermode Investors
Challengermode Founders
- Robel Efrem, Co-Founder & CEO
- Philip Skogsberg, Co-Founder
Challengermode Competitors
Sweden-based esports platform Challengermode announced Thursday that it has partnered with multi-platform web browser Opera GX (a gaming-focused version of the popular browser) to create a fund for grassroots esports competitions.
The initial amount of the fund will be $30K USD, and will be made available to tournament organizers in the U.S., UK, and Germany for tournaments focused on such games as Valorant, Counter-Strike: Global Offensive, League of Legends, and Teamfight Tactics.
The fund, according to a release, is aimed at spurring growth at the grassroots level, as opposed to other funds that typically focus on “path to pro” tournaments. Challengermode says that these funds will help grassroots organizers “scale up and cut costs while simultaneously providing them with a scalable platform to reduce overheads.”
To be eligible for the fund there are some requirements: applications will need to have run one tournament successfully on the Challengermode platform, be in the eligible region, and will have to carry Opera GX branding in the promotion of their events. Applications close in August.
Tags:ChallengermodeeuropefundingGrassroots EsportsNorth AmericaOperaOpera GX
Challengermode
Most viewed in 2019
Esports infrastructure provider for gamers, organizers, and game developers. It has hosted competitions for regular gamers to congregate, practice, or compete in esports. It automates tournament infrastructure through game integrations and allows gamers to easily play in competitions, tournaments, and leagues across any device or console while enabling community building and monetization at scale for organizers of all kinds. The platform hosts both free-to-play and Pay-to-play tournaments and supports solo and team matches. The platform supports only the 'League of Legends' and 'Counter-Strike: GO'. Monetary transactions on the platform are enabled by Visa and MasterCard. The platform also offers a real-time chat feature for its gamers.
Challengermode Overview
Founded Year2014
LocationStockholm, Sweden
Company StageSeries A
Total Funding$14M
Last Funding Round$12M, Series A, Aug 26, 2020
Similar Cos.Challengermode, Faceit, BetOnYou, Qureka, Mission Control & 119 others
Disclaimer: Total Funding = Total Disclosed Equity Funding (Pre-exit)Challengermode Funding Rounds
| Date | Funding Amount | Funding Round | Investor Details |
|---|---|---|---|
| Aug 26, 2020 | $12M | Series A | Electronic World Trade Platform, GP Bullhound and 3 others |
| Feb 24, 2017 | $1.3M | Seed | - |
| Aug 30, 2016 | Undisclosed | Seed | - |
| Aug 24, 2015 | $700K | Seed | - |
Challengermode Investors
Challengermode Founders
- Robel Efrem, Co-Founder & CEO
- Philip Skogsberg, Co-Founder
Challengermode Competitors
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