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Sports Community Platform Stadium Live Raises $10M To Expand Its Digital World For Gen Z

Jul 28, 2022over 3 years ago

Amount Raised

$10 Million

TorontoFantasy SportsSports

Description

Today, digital world maker Stadium Live Studios, Inc. announced its $10 million Series A funding round to continue its mission of bringing fantasy sports to a younger generation. The Canadian startup was founded in 2020 by Kevin Kim and Paul Xu with the goal of gamifying the sports fandom and building a “digital playground” of sorts for Gen Z sports fans.

Company Information

Company

Stadium Live

Location

Toronto, Ontario, Canada

About

Kim told TechCrunch that the company plans to allow users to create utility within the room, such as hosting their own events, trivia, and watch parties. Image Credits: Stadium LiveThe company also wants to expand into more leagues and other verticals. The sports platform wants to play a key role in enhancing the ways the league engages with its Gen Z fans digitally.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech