MyPrize Raises $13M Over Two Rounds of Financing; Valued at $140M

MyPrize

MyPrize, a Miami, FL-based online crypto casino enabling novel multiplayer experiences, raised $13M over two rounds of financing, at $140M valuation.

The rounds were led by Dragonfly and Boxcars Ventures, with participation from Mechanism Capital, Arrington Capital, Luca Netz, Peter Smith, a16z Scout, 640 Oxford, 2 Punks Capital, Breed VC, JST Capital, Steve Rosenthal, the Kadoorie Family, Jeff Feng, Jason Leung, Tian Zeng, Joshua Kaufman, Shiliang Tang, Spencer Noon, David Choi, and Joshua Lim.

The company intends to use the funds to expand operations and development efforts.

Founded by Zach Bruch, Paul Martin, Max Bruch, and James Seibel, MyPrice is an all-new online crypto casino enabling novel multiplayer experiences. It offers a platform where players can play directly alongside their favorite creators and friends, allowing them to play with broader communities. The company gives players and fans a unified open platform that combines online gaming and streaming.

The platform integrates with streaming networks like Twitch, Kick, LivePeer, and others, making it easy for creators to enter MyPrize into their usual content while offering more creator autonomy and monetization upside.

FinSMEs

26/03/2024