Wisdom Gaming Group, a Minneapolis-based digital media company specializing in esports content and experiences, secured $3m in Series A funding.
The round was led by Excelsior Ventures Fund. Michael Hoffman, Co-Founder of Excelsior Ventures Fund, also serves on Wisdom Gaming Group’s board of directors.
The company intends to use the funds to continue growing its services.
Led by Mike Zweigbaum, CEO, and TJ McLeod, partner and President, Wisdom Gaming Group provides an esports marketing platform, digital content and gaming media network portfolio, which includes HeroesHearth, Alpine Esports and Giant Slayer. In 2019 it acquired HeroesHearth, a social network for fans of Heroes of the Storm, a crossover multiplayer online battle arena video game.
In 2020, the company acquired Alpine Esports, a Minneapolis-based professional esports organization specializing in competitive gaming for Rocket League, a family-friendly game best described as soccer with cars. Also, in 2020, Wisdom Gaming Group acquired Gold Rush, a premier community content and tournament brand.