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The Founder's Handbook

Top 19 eSports Startups in 2024

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Have you ever wondered who is on the list of eSports companies with the highest growth rates?

You’re not alone.

There are hundreds of companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 19 fast-growing eSports startups that have top-tier venture capital funding.


19 eSports Startups

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1) ESL

ESL

Professional gaming, commonly known as e-sports, is the emphasis of ESL, a gaming news and information network.

Details of the startup:

  • Country: Germany
  • State: Nordrhein-Westfalen
  • City: Cologne
  • Started in: 1996
  • Founders: William Perry
  • Number of employees: 251-500
  • Funding: $30,000,000
  • Funding rounds: 1

You can find their website here.

2) G2 Esports

G2 Esports

G2 Esports is a world-class esports organization that represents some of the greatest players on the planet.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2013
  • Founders: Carlos Rodríguez, Jens Hilgers
  • Number of employees: 51-100
  • Funding: $27,300,000
  • Funding rounds: 3
  • Number of investors: 13 (MaC Venture Capital, Dan Gilbert, Everblue Management, Go4it Capital, Joseph Tsai)

You can find their website here.

3) Fragbite Group

Fragbite Group

The Fragbite Group is a global gaming and e-sports conglomerate.

Details of the startup:

  • Country: Sweden
  • State: Stockholms Lan
  • City: Stockholm
  • Started in: 2015
  • Founders: David Wallinder, Magdy Shehata
  • Number of employees: 51-100
  • Funding: $6,151,634
  • Funding rounds: 4
  • Number of investors: 2 (Jakob Porser, Carl Manneh)

You can find their website here.

4) Challengermode

Challengermode

Esports infrastructure that is easily accessible to players, organizers, and game developers

Details of the startup:

  • Country: Sweden
  • State: Stockholms Lan
  • City: Stockholm
  • Started in: 2014
  • Founders: Philip Skogsberg, Robel Efrem
  • Number of employees: 11-50
  • Funding: $17,962,287
  • Funding rounds: 5
  • Number of investors: 16 (Nordic Secondary Fund, GP Bullhound, eWTP Technology & Innovation Fund, Jonas Nordlander, Per Brilioth)

You can find their website here.

5) EVOS Esports

EVOS Esports

EVOS Esports is an eSports group that is establishing an online sports platform to help shape the country's eSports environment.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2016
  • Founders: Hartman Harris, Ivan Yeo, Michael Widjaya
  • Number of employees: 11-50
  • Funding: $16,400,000
  • Funding rounds: 2
  • Number of investors: 5 (Woowa Bros, Insignia Ventures Partners, Mirae Asset Venture Investment, Korea Investment Partners, Indogen Capital)

You can find their website here.

6) inSTREAMLY

inSTREAMLY

inSTREAMLY is a platform that connects businesses and streamers through automated streamer management.

Details of the startup:

  • Country: Poland
  • State: Mazowieckie
  • City: Warsaw
  • Started in: 2018
  • Founders: Damian Konopka, Maciej Sawicki, Szymon Kubiak, Wiktoria Wójcik
  • Number of employees: 11-50
  • Funding: $1,553,851
  • Funding rounds: 2
  • Number of investors: 6 (Colopl Next, SMOK Ventures, Supernode Global, Paul Bragiel, PKO BP)

You can find their website here.

7) Gen.G Esports

Gen.G Esports

Gen.G is the premier esports organization that connects the United States and Asia.

Details of the startup:

  • Country: South Korea
  • State: Seoul-t'ukpyolsi
  • City: Seoul
  • Started in: 2017
  • Founders: Kent Wakeford, Kevin Chou, Mike Li, Phillip Hyun
  • Number of employees: 51-100
  • Funding: $46,000,000
  • Funding rounds: 4
  • Number of investors: 14 (Battery Ventures, New Enterprise Associates, Canaan Partners, Stanford University, SVB Capital)

You can find their website here.

8) OverActive Media Group

OverActive Media Group

OverActive Media Group is a global esports and entertainment company that specializes in a variety of esports titles.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Toronto
  • Started in: 2018
  • Founders: Adam Adamou, Babak Pedram
  • Number of employees: 11-50
  • Funding: $22,152,924
  • Funding rounds: 4
  • Number of investors: 6 (Chetrit Ventures, Abel Makkonen Tesfaye, First Serve Partners, Sheldon Pollack, Adam Adamou)

You can find their website here.

9) NEXPLAY

NEXPLAY

NEXPLAY is the only all-in-one gaming entertainment and esports ecosystem designed specifically for today's gamers.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2017
  • Founders: Gabriel Benito, Mayank Parekh
  • Number of employees: 11-50
  • Funding: $940,000
  • Funding rounds: 2

You can find their website here.

10) Pandascore

Pandascore

Provider of esports stats and odds

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2015
  • Founders: Flavien Guillocheau, Jonathan Retterer
  • Number of employees: 11-50
  • Funding: $9,016,217
  • Funding rounds: 5
  • Number of investors: 9 (Global Founders Capital, aXiomatic, NUMA, Alven, KB Partners)

You can find their website here.

11) WinZO

WinZO

WinZO is a mobile e-sports social game platform that rewards participants with cash and prizes.

Details of the startup:

  • Country: India
  • State: Delhi
  • City: New Delhi
  • Started in: 2018
  • Founders: Chanchal Kurele, Paavan Nanda, Saumya Singh Rathore
  • Number of employees: 51-100
  • Funding: $45,500,000
  • Funding rounds: 5
  • Number of investors: 12 (Hike, Kalaari Capital, Makers Fund, Courtside Ventures, Stephen Pagliuca)

You can find their website here.

12) GamingMonk

GamingMonk

GamingMonk is a gaming firm situated in New Delhi, India that specializes in eSports.

Details of the startup:

  • Country: India
  • State: Delhi
  • City: New Delhi
  • Started in: 2014
  • Founders: Abhay Sharma, Ashwin Haryani
  • Number of employees: 11-50
  • Funding: $695,481
  • Funding rounds: 3
  • Number of investors: 6 (Stellaris Venture Partners, Incubate Fund, GameWith, Smile Group, AdvantEdge Founders)

You can find their website here.

13) Mobile Premier League

Mobile Premier League

The Mobile Premier League is an eSports platform that rewards players with cash prizes while they play games.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2018
  • Founders: Sai Srinivas Kiran G, Shubham Malhotra
  • Number of employees: 251-500
  • Funding: $225,500,000
  • Funding rounds: 4
  • Number of investors: 15 (Sequoia Capital India, MDI Ventures, RTP Global, BEENEXT, Pegasus Tech Ventures)

You can find their website here.

14) VSPN

VSPN

VSPN is an esports media company that offers tournaments, content, and marketing services.

Details of the startup:

  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2016
  • Number of employees: 251-500
  • Funding: $160,000,000
  • Funding rounds: 4
  • Number of investors: 8 (Tencent, Kuaishou Technology, Susquehanna International Group (SIG), Prospect Avenue Capital, Tiantu Capital)

You can find their website here.

15) PlayVS

PlayVS

PlayVS is an eSports platform that organizes collegiate and high school esports.

Details of the startup:

  • Country: United States
  • State: California
  • City: Los Angeles
  • Started in: 2018
  • Founders: Delane Parnell
  • Number of employees: 101-250
  • Funding: $106,211,719
  • Funding rounds: 5
  • Number of investors: 28 (SoftBank, Battery Ventures, New Enterprise Associates, Science, Sapphire Ventures)

You can find their website here.

16) Betty Labs

Betty Labs

Betty Labs is a company that makes a sports trivia app that aims to create life experiences.

Details of the startup:

  • Country: United States
  • State: California
  • City: Los Angeles
  • Founders: Howard Akumiah
  • Number of employees: 1-10
  • Funding: $9,300,000
  • Funding rounds: 1
  • Number of investors: 4 (Google, Lightspeed Venture Partners, Amazon Alexa Fund, Brendan O'Driscoll)

You can find their website here.

17) chiliZ

chiliZ

An international sports and entertainment company.

Details of the startup:

  • Country: United States
  • State: Illinois
  • City: Malta
  • Started in: 2012
  • Founders: Alexandre Dreyfus
  • Number of employees: 51-100
  • Funding: $27,000,000
  • Funding rounds: 2
  • Number of investors: 2 (Jump Trading, Kosmos Ventures)

You can find their website here.

18) 100 Thieves

100 Thieves

100 Thieves is a gaming, e-sports, and apparel-focused lifestyle company.

Details of the startup:

  • Country: United States
  • State: California
  • City: Los Angeles
  • Started in: 2017
  • Founders: Matthew Haag
  • Number of employees: 51-100
  • Funding: $60,000,000
  • Funding rounds: 2
  • Number of investors: 15 (Sequoia Capital, Marc Benioff, Aglaé Ventures, WndrCo, Tao Capital Partners)

You can find their website here.

19) Cloud9

Cloud9

Cloud9 is a multi-game professional esports organization situated in the Los Angeles, California area.

Details of the startup:

  • Country: United States
  • State: California
  • City: Los Angeles
  • Started in: 2013
  • Founders: Jacques Etienne, Paullie Etienne
  • Number of employees: 1-10
  • Funding: $79,309,995
  • Funding rounds: 4
  • Number of investors: 26 (Founders Fund, Craft Ventures, Alexis Ohanian, Valor Equity Partners, Eldridge)

You can find their website here.

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