Yesports announced the company brought in $3.8 million through a recent funding round. This money will be used further develop the company’s recently launched fan engagement platform. Additionally, funds will be used to support the recruitment and onboarding of new staffers while helping to develop new gaming-focused initiatives.
Spartan Capital led this funding round. Additional participation came from Tess Capital, NGC Ventures, Jsquare, Rising Capital, and BR Capital.
“This latest funding round provides us an opportunity to build out the platform tech and further expand our reach,” said Sebastian Quinn, the founder of Yesports. “Continued support by leading investors demonstrates a high conviction in the future for bridging the 500m+ esports fans into the Web3 world — and we’re here to bring this vision to fruition.”
Yesports officially launched its B2B service on August 11th. This platform provides easy access to blockchain technologies through the use of NFT-based membership plans that have been sponsored by major esports organizations around the globe.