SAN MATEO, Calif., June 15, 2022 (GLOBE NEWSWIRE) — VersusGame today announced the closing of a $25 million Series A funding round. Investors include APEX Capital, Brightstone Capital Partners, Feld Ventures, Gaingels, Kombo Ventures, Lifeline Ventures, Moonshots Capital, NewView Capital, Republic Capital and TribeJoint Amenti, alongside individual investors, television personality and digital star David Dobrik, Jeff Gaspin, former president of NBC Universal Television, media personalities Harry Jowsey and Andrew Romans, and Millennial and Generation Z fashion retailer REVOLVE.
The VersusGame mobile gaming platform is where millions of people around the world watch video-based prediction questions and predict culture outcomes using their knowledge. Hundreds of creators, content publishers, and brands publish their videos in an interactive game format, allowing players to predict against their friends, influencers, and celebrities for free, for fun, or to win cash and games. other prizes via the VersusGame app, mobile website, Snapchat and Instagram channels. VersusGame-based predictions are also available through leading publishers, including Billboard and BuzzFeed, and an array of the biggest names in news, music, sports and entertainment, including ESPN, UFC and The Walking Dead , have created prediction games on the platform.
The investment will boost VersusGame’s product and technology development team, efforts to support corporate and media brand partnerships, in addition to building relationships with creators and engaging with gamers in entertainment, sports and social media spaces.
“Knowledge is power and through VersusGame, we’re empowering people to enjoy it in a fun and exciting way through competition,” said John Vitti, Founder and CEO of VersusGame. “Today’s funding close is an important time to drive engagement and reward people by seeing their worth. It’s time to give back, not just take.
“The VersusGame platform built around people’s habits and knowledge is built for growth,” said Ankit Sud, principal of NewView Capital. “Combined with a passionate founding team and the rise of social gaming, we believe VersusGame is positioned to succeed in today’s connected world.”
“VersusGame is my favorite new way to interact with my friends and audience about things I love,” said Series A investor Dobrik. “It brings all the little bets you make with your community to a any other level. VersusGame allows you to have fun while earning a little money!”
“Creators certainly have platform fatigue, but VersusGame is different because it not only adds value for creators as an additional revenue stream, but allows them to connect with their audiences in exciting and engaging ways” , said Jowsey, also a Series A investor.
The Series A investors announced today join existing VersusGame investors including Acrew Capital, Jam Fund, KLO Capital, Plus Eight Equity Partners, Raised In Space and Sway House, as well as TV producer Mark Burnett, singer Jason Derulo, Roblox’s Craig Donato, NBA Superstar Kevin Durant and Rich Kleiman’s Thirty Five Ventures, LinkedIn Founder Reid Hoffman, Film Producer Jeffrey Katzenberg, Kevin Mayer, Young Money President Mack Maine and Legend of the hip-hop and serial investor Nasir “Nas” Jones, social media entrepreneur Mark Pincus, music executive Anthony Saleh, former StubHub president Sukhinder Singh Cassidy, OneRepublic singer Ryan Tedder, entertainment icon Will .i.am, and Cameron and Tyler Winklevoss, among others.
Today, more than 800 influencers and celebrities, in addition to media partners, create predictions via the VersusGame platform. The creators of the platform earn millions of dollars a year competing with their fans.
An array of America’s top brand marketers, from CPG and electronics to retail, technology and entertainment, create experiences on the VersusGame platform that drive more organic engagement and fun around their initiatives.
VersusGame is a global entertainment mobile game product that allows users to leverage their knowledge of mainstream culture. Thousands of creators and brands, not to mention countless everyday people, have used the platform to build excitement with actively participating interactive audiences because VersusGames gives them value for their time. VersusGame gives creators and brands the platform to promote interactive content to millions of people at once while giving them the ability to play games in 1v1 pairs and win cash and prizes when they win. VersusGame is the world’s number one prediction platform and is played through the VersusGame app, mobile website, Snapchat and Instagram. For more information, visit: https://about.versusgame.com.