Total amount raised
$85.5 Million
Latest funding date
2024-07-11
Location
Medal is a platform that allows users to record, edit, and share game clips and gameplay with ease. It captures game moments with a single button press, runs in the background with minimal impact on game performance, and provides instant links for sharing clips.
Keep reading to explore the intricacies of Medal's fundraising journey and the investors backing this innovative platform.
What Is Medal?
Medal is a platform in the gaming and software industry that allows users to record, edit, and share game clips and gameplay. It supports capturing moments with a single button press and provides instant links for sharing. The platform is available on Windows, iOS, and Android.
Medal is a free-to-use platform that supports a wide range of PC games and offers features like minimal impact on game performance, multi-track audio, and custom clip lengths. It is optimized for both high-end and low-spec systems and provides instant sharing capabilities. The platform also supports mobile access and allows users to import clips from console systems for editing and sharing.
How Much Funding Has Medal Raised?
- Seed Round
- Amount Raised: USD 3,500,000
- Date: February 2019
- Lead Investors: Initial Capital
- Series A
- Amount Raised: USD 9,000,000
- Date: September 2019
- Lead Investors: Horizons Ventures
- Series B
- Amount Raised: USD 15,000,000
- Date: January 2020
- Lead Investors: Makers Fund
- Series C
- Amount Raised: USD 45,000,000
- Date: December 2021
- Lead Investors: OMERS Ventures
- Series Unknown
- Amount Raised: USD 13,000,000
- Date: July 2024
In total, Medal has raised USD 85,500,000 across its funding rounds.
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, Gaming, Software
- Notable Investments: Supercell, King, Glu Mobile
- Horizons Ventures
- Details: Horizons Ventures is a private investment arm of the Li Ka Shing Foundation, focusing on disruptive and innovative technologies. They are known for their strategic investments in high-growth companies.
- Investment Focus Areas: Technology, Biotechnology, Artificial Intelligence
- Notable Investments: Facebook, Spotify, Zoom
- Makers Fund
- Details: Makers Fund is a venture capital firm that invests in interactive entertainment and technology. They aim to support the next generation of entrepreneurs in the gaming industry.
- Investment Focus Areas: Gaming, Interactive Entertainment, Technology
- Notable Investments: Discord, Bunch, Genvid Technologies
- OMERS Ventures
- Details: OMERS Ventures is the venture capital investment arm of OMERS, one of Canada's largest pension funds. They focus on high-growth technology companies across North America and Europe.
- Investment Focus Areas: Technology, Fintech, Healthtech
- Notable Investments: Shopify, Hootsuite, Hopper
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