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Sorare Raises $680M Series B To Create The Next Sports Entertainment Giant Leveraging Nfts

Sorare Raises $680M Series B To Create The Next Sports Entertainment Giant Leveraging Nfts

09/21/21, 4:02 AM
Money raised
$680 million
Round Type
series b
Sorare, the fantasy football platform, today announces that it has raised $680 million in Series B financing led by Softbank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree; and existing investors Benchmark, Accel and Headline.

Company Info

Company
Sorare
Additional Info
Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank, with players including ex-England international Rio Ferdinand and Spain's Gerard Pique also investing, the company said on Tuesday. Paris-based Sorare said the investment valued the company at $4.3 billion. Founded in 2018, Sorare is an online game where players buy officially licensed cards representing soccer players and build teams which play against each other, with the outcome based on the players' performance in real-life games.