PHILADELPHIA, PA, PLLAY, a skill-based video game wagering platform, has raised an additional $1 million in funding, bringing its total to $4 million in an oversubscribed seed round.
The additional investment, led by Viridian Equity Partners and investor Gayle Jennings-O'Byrne, builds on the initial $3 million secured late last year.
The oversubscribed seed round comes at a time when PLLAY's community of gamers is growing rapidly. Through 2021, new matches played have increased tenfold, new registered users have doubled, and average wager size per match has increased to over $20.
PLLAY is the world's most powerful video game wagering and data platform. With PLLAY's mobile application and a gaming console, players have instant access to real money competitions. It allows users to wager on head-to-head video game matches and keep 100% of the winnings. Powered by AI and computer-vision technology, PLLAY monitors matches, offers real-time analysis, identifies winners, and dispenses prize money within seconds of winning.
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