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Arena Bags $14M Series A To Build Discord-Like Communities For Businesses

Mar 30, 2022•over 3 years ago

Amount Raised

$14 Million

Round Type

series a

Consumer GoodsSoftware

Description

Arena founder Paulo Martins grew up in Brazil playing video games, an industry that thrives on building communities among the players. Later, he came to the U.S., where he was an early employee at Hulu, helping the streaming TV service grow to over 7 million subscribers and $1 billion in revenue.

Company Information

Company

Arena

About

The company is growing fast with 35 employees, a number he expects to triple by the end of this year. Today the company announced another big step in that process with a $13.6 million Series A. Arena provides the tools to embed online discussions into your website, where people can communicate with one another, help solve problems together and create a sense of camaraderie around the brand.

Funding Insights

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