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The Full List of 4 eSports Unicorn Startups (2026)

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The eSports industry has grown beyond just gaming, creating a new class of valuable companies. For example, sports merchandise retailer Fanatics has reached a valuation of $31B.

The sector includes a range of businesses from fantasy sports to mobile gaming platforms. India's Mobile Premier League, a skill-based eSports platform, is valued at $2.45B.

Below is the full list of 4 eSports unicorn startups at this time.

Top 4 Most Valuable eSports Unicorns

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Fanatics runs a massive e-commerce business focused on officially licensed sports merchandise, apparel, and memorabilia. They partner directly with the world's biggest sports leagues and teams to design, manufacture, and sell fan gear globally.

Valuation$31B (Joined June 2012)
HeadquartersJacksonville, Florida, United States
Year Founded2002
FoundersAlan Trager, Jason Watkins, Josh Luber, Michael Rubin, Mitch Trager
Funding Amount$4.9B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusPrivate Equity
Top InvestorsAndreessen Horowitz, Franklin Templeton, Bank of America, Insight Partners, BlackRock

Mobile Premier League operates a popular mobile eSports platform where users compete in skill-based games to win cash prizes. Their platform hosts a wide range of games, from fantasy sports to card games, creating a large competitive gaming community.

Valuation$2.45B (Joined September 2021)
HeadquartersBengaluru, Karnataka, India
Year Founded2018
FoundersSai Srinivas Kiran G, Shubh Malhotra, Shubham Malhotra
Funding Amount$390.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsSequoia Capital, RTP Global, Gaingels, Peak XV Partners, Titanium Ventures

Underdog Fantasy built a daily fantasy sports platform known for its simple, player-focused Pick'em games. They also provide projections for various esports competitions, giving users more ways to play.

Valuation$1B
HeadquartersBrooklyn, New York, United States
Year Founded2020
FoundersBrandon Stakenborg, Jeremy Levine
Funding Amount$115M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsSpark Capital, SV Angel, Palm Tree Crew, MANTIS Venture Capital, BlackRock

Forte builds a platform that enables game developers to create and manage token-based economies and NFTs. Their technology is designed to seamlessly integrate blockchain features like digital assets and in-game currencies into new or existing games.

Valuation$1B
HeadquartersSan Francisco, California, United States
Year Founded2019
FoundersBrett Seyler, Josh Williams, Kevin Chou, Mahesh Vellanki
Funding Amount$910M
Company SizeLean Team (11-50)
Last Funding StatusSeries B
Top InvestorsAbstract, Gaingels, Coinbase Ventures, Battery Ventures, Andreessen Horowitz

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