Sorare

Valuation $22B

About Sorare

Sorare is a global fantasy football game where players can buy, trade, and play with official digital cards.
Headquarters Sorare, Paris
Founded 2018-12-01
Industry Blockchain, Cryptocurrency, Fantasy Sports, Gaming, Soccer
Last Funding Type Series B
Valuation 22
Total Funding $739.25 million dollars
IPO Status Private

Financial

Sorare may be growing as it is featured in a list of the '5 Best Digital Trading Card Games to Integrate NFTs,' which suggests recognition in the industry for its use of blockchain technology in gaming. Being included in such a list implies that Sorare has a significant presence in the market and is considered a top player among digital trading card games. The inclusion in this list can be indicative of the company's product acceptance and popularity, which are qualitative indicators of growth.

Sorare, a Web3-enabled fantasy sports platform, announced layoffs of 22 employees from its New York office in February, citing operational adjustments amidst challenging conditions in the web3 gaming sector.
Funding Rounds 4
Number of Lead Investors 5
Total Funding Amount  $739.25 million dollars
Number of Investors 50

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