Stadium Live, a Toronto, Canada-based platform for Gen Z sports fans, raised $10m in Series A funding.
The round was led by KB Partners and Union Square Ventures. Kevin Durant’s 35 Ventures, Blaise Matuidi’s Origins Fund, Dapper Labs Ventures, Position Ventures, Valhalla Ventures, 6th Man Ventures, Alumni Ventures, and Breakout Capital also participated in the round.
The company intends to use the funds to continue to expand its development efforts.
Founded in 2020 and led by Kevin Kim, CEO, Stadium Live is a digital world where Gen Z sports fans express their fandom. Users create a custom avatar, collect unique items, chat and make friends with other sports fans, and participate in sports-focused gameplay and livestreams to earn coins and level up their avatar. Users then spend their coins on unique items for their avatar and power-ups to use in matches, and in one-on-one battles to test their sports knowledge against other players.
Stadium Live is available worldwide on IOS, with an Android release slated for Q4 2022.