VersusGame has closed the books on a $25 million Series A financing round led by APEX Capital, Brightstone Capital Partners, Feld Ventures, Gaingels, Kombo Ventures, Lifeline Ventures, Moonshots Capital, NewView Capital, Republic Capital, and TribeJoint Amenti. According to VersusGame, the new funds will be used to drive their product development and technology team, boost efforts to support partnerships with media companies and brand, build relationships with creators, and engage with players throughout the entertainment, sports, and social media spaces.
“Knowledge is power and through VersusGame we are empowering the people to profit from that in a fun and exciting way through competition,” said John Vitti, Founder and CEO of VersusGame. “Today’s funding close is a significant moment to drive engagement and reward people by seeing their value. It’s time to give back, not just take.”
Additional investors in the round include TV personality and digital star David Dobrik, Jeff Gaspin, former chair of NBC Universal Television, media personalities Harry Jowsey and Andrew Romans, and Millennial and Generation Z fashion retailer REVOLVE.
(All information was provided by GlobeNewswire)