Total amount raised
$85.5 Millions
Latest funding date
07/01/2024
Location
Medal is a platform designed for gamers to effortlessly record, edit, and share their gaming moments. It allows users to capture significant highlights instantly and share them with friends.
Keep reading to explore the intricacies of Medal's fundraising journey and the investors backing this innovative platform.
What Is Medal?
Medal is a user-friendly platform designed for gamers to capture, edit, and share their best gaming moments. It supports instant clipping and social connectivity, making it easy for users to share highlights with friends.
Operating within the gaming and social media industry, Medal is particularly useful for capturing significant moments in popular games like Fortnite and Roblox. The platform emphasizes ease of use, allowing users to effortlessly record and share their gaming highlights.
How Much Funding Has Medal Raised?
- Seed Round
- Amount Raised: $3.5M
- Date: February 2019
- Lead Investors: Initial Capital
- Series A
- Amount Raised: $9M
- Date: September 2019
- Lead Investors: Horizons Ventures
- Series B
- Amount Raised: $15M
- Date: January 2020
- Lead Investors: Makers Fund
- Series C
- Amount Raised: $45M
- Date: December 2021
- Lead Investors: OMERS Ventures
- Venture Round
- Amount Raised: $13M
- Date: July 2024
- Lead Investors: -
Medal has raised a total of $85.5M in funding.
Key Investors
- Initial Capital
- Details: Initial Capital is a venture capital firm that invests in early-stage technology companies. They have a strong track record of supporting startups through their growth phases.
- Investment Focus Areas: Technology, Consumer Internet, Mobile
- Notable Investments: TransferWise, Citymapper, Monzo
- Horizons Ventures
- Details: Horizons Ventures is the private investment arm of Li Ka-shing, focusing on disruptive and technology-driven startups. They are known for their strategic investments in innovative companies.
- Investment Focus Areas: Technology, Biotechnology, Artificial Intelligence
- Notable Investments: Facebook, Spotify, Zoom
- Makers Fund
- Details: Makers Fund is a venture capital firm that specializes in the interactive entertainment industry. They aim to support the next generation of entrepreneurs in gaming and related sectors.
- Investment Focus Areas: Gaming, Interactive Media, Virtual Reality
- Notable Investments: Bunch, Genvid Technologies, TinyBuild
- OMERS Ventures
- Details: OMERS Ventures is the venture capital arm of OMERS, one of Canada's largest pension funds. They invest in high-growth technology companies across North America and Europe.
- Investment Focus Areas: Fintech, Healthtech, Proptech
- Notable Investments: Shopify, Hopper, DuckDuckGo
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