Total amount raised
$550 Thousands
Latest funding date
01/01/2022
Location
Chess.com offers a comprehensive platform for playing chess online, solving puzzles, taking lessons, and staying updated with the latest chess news. The platform has successfully raised significant funding, attracting notable investors who believe in its potential.
Keep reading to explore the intricacies of Chess.com's fundraising journey and the investors backing this innovative platform.
What Is Chess.com?
Chess.com is a leading online platform in the online gaming and education industry, dedicated to playing chess, solving puzzles, learning through lessons, and following chess news.
It offers a comprehensive suite of features for chess enthusiasts, including playing against other players or computer bots, solving puzzles to enhance skills, and taking lessons from experienced players. The platform is designed to be user-friendly, catering to both casual and serious chess players.
How Much Funding Has Chess.com Raised?
- Secondary Market
- Amount Raised: $550K
- Date: January 2013
- Lead Investors: -
- Private Equity Round
- Date: January 2022
- Lead Investors: General Atlantic
Chess.com has raised a total of $550K in funding.
Key Investors
- General Atlantic
- Details: General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. They have a strong track record of partnering with entrepreneurs and management teams to build market leaders.
- Investment Focus Areas: Technology, Consumer, Financial Services, Healthcare
- Notable Investments: Airbnb, Alibaba, Slack
- Secondary Market Investors
- Details: The specific investors in the secondary market round for Chess.com have not been disclosed. Secondary market investors typically purchase shares from existing shareholders rather than directly from the company.
- Investment Focus Areas: Not publicly disclosed
- Notable Investments: Not publicly disclosed
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