MENU
back to ALL NEWS

Fantasy football game Sorare raises $680m in a Series B round

LATER VENTURE | ANNOUNCEMENT DATE: 21 SEP 2021
WRITTEN BY | 24 Sep 2021
Fantasy football game Sorare raises $680m in a Series B round
LATER VENTURE

💵 Series B Round

  • France-based NFT fantasy football gaming startup Sorare has raised $680m in a Series B round led by SoftBank. It is considered the largest Series B funding in Europe and the largest funding in the history of French Tech, which values the company at $4.3B
  • Other participants of the round include:
    • New investors like Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree, and
    • The company’s existing investors such as Benchmark, Accel, and Partech, and business angels like Reddit co-founder Alexis Ohanian and football players Gerard Piqué, Rio Ferdinand, Antoine Griezmann, and César Azpilicueta
  • The proceeds are expected to go towards: 
    • the expansion of the team
    • the establishment of new partnerships — Sorare wants to bring top 20 football leagues and top 50 national teams to its game
    • entering mobile gaming market — currently, the game is available only on the web
    • the scale of its marketing expenses
    • the addition of new sports disciplines — currently there is only a football NFT game available

🎲 Product

  • Sorare is the Global Fantasy Football Game where you can trade and collect NFTs. Sorare is scaled on Ethereum with StarkWare
  • The game’s community includes over 180 clubs, 6,000 licensed footballers, and 600,000 registered users

💸 Previous funding rounds

  • In Feb’21, Sorare raised $50m in a Series A round led by Benchmark with participation from Accel, Alexis Ohanianin, and others in order to grow its community and launch a mobile application

Source: MEDIUM

Read more
06 July 2021
Dream Games Has Raised $155m At $1B Valuation
💵 Series B Round France-based NFT fantasy football gaming startup Sorare has raised $680m in a Series B round led by SoftBank. It ...
READ MORE
LATER VENTURE
15 September 2020
Dream Sports Raises $225m At $2.5B+ Valuation With Future M&...
💵 Series B Round France-based NFT fantasy football gaming startup Sorare has raised $680m in a Series B round led by SoftBank. It ...
READ MORE
LATER VENTURE
Sorare
  • Founded in 2018
  • Headquarters – Paris, France
  • Founded by Adrien Montfort, Nicolas Julia
  • Fantasy football NFT card game
Join our Patreon

If you feel like supporting InvestGame, cheсk out our Patreon page, we have some nice bounces for our patrons there:

patreon.com/investgame

Patreon logo