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Grintafy secured an undisclosed investment from Chiliz to speed up its Web3 transition.

Mar 12, 2024•over 1 year ago

Amount Raised

$2.1 Million

Round Type

seed

Saudi ArabiaSports

Investors

Aramco's Vc Arm, Wa’edChiliz

Description

Grintafy, a football talent discovery platform based in Saudi Arabia, has raised an undisclosed investment amount from Chiliz to accelerate its web3 transition and international growth. The platform aims to leverage Chiliz's technological infrastructure, ecosystem, and expertise for its transition into Web3 and the use of blockchain for player ratings, rankings, and performance certifications.

Company Information

Company

Grintafy

Location

Saudi Arabia

About

Grintafy is a Saudi Arabia-based football talent discovery platform founded in 2019 by Majdi Allulu. The platform caters to leading football organizations across the Middle East and Europe and has received substantial investment from state-owned Saudi Aramco Waed Ventures.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers