Venture Capital News: Triumph Launches with $14.1M
2023-05-10
SAN FRANCISCO, CA, Triumph, a plug-and-play solution that helps game developers monetize, announces $14.1 million in total funding.
Triumph, a plug-and-play solution that helps game developers monetize through skill-based real money tournaments, announces $14.1 million in total funding, with a $10.2 million Series A led by General Catalyst with participation from Heroic Ventures, Hanover Technology Investment Management, SteelPerlot, RavenOne, Box Group, Great Oaks, NOMO, Strike, and Valhalla Ventures, with the prior seed led by Ari Stiegler at Flux Capital.
Triumph is a seamless, plug-and-play payments and compliance engine that makes skill-based real money tournaments a viable way for developers to monetize their games. Triumph is democratizing access to a robust compliance and payments stack that handles KYC, payments processing, gaming law and privacy compliance, anti-fraud, accounting, and player skill matchmaking, ensuring full legal compliance while shielding developers from exposure to the complexities surrounding real money offerings.
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