- Versus Game — a leading consumer prediction/social wagering marketplace — announced it has raised a $4 million Series Seed round of financing. These are the details.
Versus Game — a leading consumer prediction/social wagering marketplace — announced it has raised a $4 million Series seed round of financing, allowing the company to massively expand its user base through engaging more influencers in the entertainment, sports, and social media spaces.
The investment round was co-led by Raised In Space and Plus Eight Equity Partners. And Raised in Space is a joint venture between Scooter Braun’s Ithaca Holdings and Ripple’s Xpring. Raised in Space partners Shara Senderoff and Zach Katz supported the investment with their signature hands-on guidance and partnership services.
And this round also featured additional participation from existing and new investors include Sway House (Josh Richards, Griffin Johnson, Bryce Hall, Noah Beck and Blake Gray), Jam Fund (Justin Mateen), Craig Donato from Roblox, Tapjoy (Rizwan Virk), Ha Nguyen from Spero Ventures, TIE Group, Michael Zyda, Cameron Winklevoss, and Tyler Winklevoss, Patrick Finnegan and KLO Capital. The investment brings Versus Game’s total funding to $6 million since its launch.
The Series Seed funding round builds on Versus Game’s explosive entry into the gaming app space, which is experiencing steady revenue growth and the doubling of its user base, bringing the total up to 6 million as of January 2021.
Versus Game is a mobile game dedicated to rewarding consumers for their knowledge and predictions on matchups related to celebrities, pop culture, food, business and more. The app — which is available on Android and iOS — began as a platform used by influencers and celebrities to earn money and engage with fans in a meaningful and entertaining way. And it now offers a user-created game feature giving anyone and everyone the chance to earn money, reinforcing Versus Game’s mantra that knowledge should be rewarded.
KEY QUOTES:
“We see Versus Game as the much-needed reinvention of the traditional social conversation. With Versus, the zeitgeist of cross-topic social chatter will now include the ability to put a wager on your opinion…put your money where your mouth is. We are excited to support Versus Game in bringing a new form of social wagering to the music world and beyond.”
— Raised In Space founders and partners Shara Senderoff — who holds the title of President and Zach Katz, Raised In Space CEO
“Versus Game embodies the evolution of the influencer economy. It allows next generation content creators to directly monetize their following, producing revenue streams never before thought of. As one of this round’s lead investors, Plus Eight Equity Partners couldn’t be more excited to support Versus Game’s explosive growth as it pioneers the prediction gaming economy.”
— Plus Eight Equity Partners’ Co-Founder and General Partner Rishi Patel
“We are thrilled to have such a robust and prominent group of investors see the potential that we see for Versus Game to create a whole new category in the gaming economy. This funding round will now allow us to expand our engagement with some of the world’s most famous individuals in the entertainment industry, and will act as an alternative revenue stream for them as well. We cannot wait to see what opportunities arise this year and beyond.”
— Versus Game’s Chief Executive Officer John Vitti
