Fundz

Challengermode raised $25.3M in a funding round led by Ballista Capital and Seeker to expand its game-technology offerings beyond esports.

PRIVATEOct 30, 2024

Amount Raised

$25.3 Million

Round Type

Funding Round

StockholmGamingVideo GamesEsports

Investors

Alibaba GroupBack In Black CapitalGP BullhoundTelia VenturesUnknown AbBallista CapitalSeeker

Description

Challengermode, a Sweden-based competitive gaming platform, has completed a funding round valued at $25.3M USD. The funds will be used to broaden its product offerings for game developers and AAA publishers.

Quick answer

Challengermode raised $25.3 Million in a Funding Round round, dated October 30, 2024. Investors: Alibaba Group, Back In Black Capital, GP Bullhound, Telia Ventures, Unknown Ab, Ballista Capital and Seeker. Challengermode is based in Stockholm, Stockholm County, Sweden.

How much did Challengermode raise?
Challengermode raised $25.3 Million in a Funding Round round on October 30, 2024.
Who invested in Challengermode?
Alibaba Group, Back In Black Capital, GP Bullhound, Telia Ventures, Unknown Ab, Ballista Capital and Seeker are named as investors in this round.
What does Challengermode do?
Challengermode is a competitive gaming platform based in Sweden that enables esports and tournament organization for a diverse set of users.
Where is Challengermode based and how big is it?
Challengermode is based in Stockholm, Stockholm County, Sweden.
Who are the decision-makers at Challengermode?
Fundz holds 1 contact at Challengermode. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Gaming and Video Games around the same time

Companies in the same sectors as Challengermode that raised within 45 days of this round, from Fundz verified event records.

  • 81Ravens raised $4.5M (Seed) on October 31, 2024.
  • Top App Games raised $10M (Funding Round) on December 5, 2024.
  • Playgama raised $3M (Seed) on December 3, 2024.
  • SuperScale raised $1.2M (Seed) on November 19, 2024.
  • Funstop Games raised $5M (Series A) on November 13, 2024.
  • Radical Forge raised $3.4M (Seed) on November 4, 2024.

Who to call at Challengermode, and when

A new round usually means Challengermode is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Challengermode raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Challengermode, from your own LinkedIn network

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Company Information

Company

Challengermode

Location

Stockholm, Stockholm County, Sweden

About

Challengermode is a competitive gaming platform based in Sweden that enables esports and tournament organization for a diverse set of users. Founded in 2014, the company offers various game-technology products aimed at both game developers and major publishers. It supports over 120 games and works with more than 80,000 tournament organizers, facilitating the organization of 400,000 tournaments monthly. With substantial revenue growth, Challengermode aims to enhance its service offerings further.

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Challengermode raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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