Skillz
About this raise
Skillz, with a valuation of $1.4 billion, is raising funds on OurCrowd through Reg D 506(c) raise. The company has developed an open mobile game platform that allows one person to compete against another person for money in a game of skill. The Skillz marketplace brings gamers and game developers together and allows them to compete for cash prizes. The platform has over 30 million players, five million daily tournaments, and over $100 million in monthly prizes. Andrew Paradise founded Skillz in 2012. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $560,000. The campaign proceeds will be used for growth and expansion.
Investment Overview
Deal Terms
- Platform
- OurCrowd
- Start Date
- 03/29/2020
- Close Date
- 04/08/2020
$10,000
$560,000
$10,000
Equity - Common
RegD 506(c)
$1,400,000,000
Company & Team
Company
- Year Founded
- 2012
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Location
- San Francisco, California
- Company Website
-
Visit Website
Team
Financials
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/08/2020 | OurCrowd | $1,400,000,000 | - | Equity - Common | Funded | RegD 506(c) |