Players' Lounge
Provides gamers with a platform to play their video games against others for cash and prizes.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $10.5m | Series A | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 13 % | 19 % | 31 % | 10 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Players Lounge is a dynamic wagering platform designed for gamers who want to monetize their skills in popular video games. Founded by Austin Woolridge, Zach Dixon, and Dan Delaney, the company operates in the competitive gaming and esports market. Players Lounge allows users to participate in money matches, tournaments, and challenges across a variety of games such as Madden, NBA 2K, FIFA, Call of Duty, Apex, and Valorant. The platform serves individual gamers and teams who are looking to earn real money through their gaming prowess.
The business model is straightforward: Players Lounge takes a commission from the entry fees and winnings of the matches and tournaments hosted on its platform. This model ensures a steady revenue stream while providing gamers with the opportunity to earn significant cash prizes. The company also benefits from sponsorships and partnerships within the gaming and esports industry.
Players Lounge's target clients are competitive gamers who are passionate about video games and are looking to make money from their skills. The platform is accessible via two apps, which facilitate easy deposits and withdrawals, making it user-friendly and efficient.
In summary, Players Lounge combines the thrill of competitive gaming with the opportunity to earn money, making it a unique player in the esports and gaming industry.
Keywords: esports, wagering, money matches, tournaments, competitive gaming, cash prizes, video games, Madden, NBA 2K, Call of Duty.