Tiv, a Chicago IL-based payments platform dedicated to the gaming community, raised $3.5M in seed funding.
The round was led by 4490 Ventures with participation from Silverton Partners and other angel investors.
The company intends to use the funds to scale its engineering and marketing teams and build out its platform.
Led by CEO and Co-Founder Jed Strong and President, Chief Product Officer and Co-Founder JP Pillat, Tiv is a new payments platform dedicated to the gaming community at the core. Through proprietary technology, including machine learning capabilities, the platform rewards gamers when they pay and when they play.
The company is currently accepting waitlist users for its debut card product ahead of a public launch slated for late 2021.