Danish academic esports platform GamerzClass raised a $1M USD financing spherical led by Copenhagen-based enterprise capital fund Bumble Ventures. As a part of the funding, the corporate additionally refreshed its board of administrators and offered a brand new technique.
Additional traders within the financing spherical included London-based agency TrueSight Ventures, the danish development fund Vækstfonden (which can also be an investor in esports match organizer BLAST), former common associate at Index Ventures Ben Holmes, Christian Legêne, and former deputy director of TDC Group Kathrine Stampe Anderson, who additionally joins GamerzClass’ board of administrators. The board of administrators is rounded off with Swedish tech enterprise capital investor Hampus Monthan Nordenskjöld. Former member of the board Daniel Nyvang, a managing associate at Bumble Ventures, turns into the brand new chairman of the board.
GamerzClass, which was based in 2018, beforehand secured a $150Okay funding for a 6% stake within the firm from seed-stage accelerator 500 Startups and have become a part of the accelerator’s 26th batch of startups in February 2020.
Following the funding, GamerzClass introduced that it’s trying to change its platform’s enterprise mannequin to be extra centered on subscription revenues. The platform presently has greater than 30Okay customers in over 140 international locations.