Blitz Studios

InternetSeries CSan Francisco, USsleeper.app

Latest round

Series C

Last raised

May 2021

Total raised

$65M

Investors

8

About Blitz Studios

Blitz Studios, Inc.Blitz Studios, Inc. was founded in 2015 and is headquartered in San Francisco, US. The company focuses on creating a dynamic platform for fantasy sports, without any noted pivots in its strategy. The founders include Asya Varetsa, Henry Leung, Kate Zubarieva, Ken Wang, and Weixi Yen, while Hoyoung Joung and Nan Wang currently lead as CEO.Sleeper operates as a leading platform in the fantasy sports industry, offering comprehensive services for Fantasy Football, Fantasy Basketball, and Bracket Mania. Their core product offerings include a user-friendly mobile application that facilitates various fantasy sports games, enabling users to engage in redraft, auction, and dynasty formats. The platform caters to millions of users, including casual players and dedicated fantasy sports enthusiasts, providing tools for drafting, managing leagues, and participating in public pools with cash prizes. Sleeper's services are designed to enhance user engagement through features like real-time alerts, chat functionalities, and customizable league settings, thus addressing the need for a more interactive and streamlined fantasy sports experience.Sleeper generates revenue through various avenues including subscription services and in-app purchases, primarily from their fantasy sports offerings. Users can participate in leagues that may incorporate entry fees, with cash prizes awarded to winners, thus creating a transaction structure centered around competitive play. The platform also operates through partnerships with brands, enhancing user experience with targeted advertisements and sponsored content.In May 2021, Blitz Studios, Inc. Future plans include launching new products and enhancing user features, aimed at improving the overall engagement experience. Additionally, the company is considering further geographical expansion beyond North America, although specific regions have yet to be disclosed.

Who invested in Blitz Studios

8 investors across 4 rounds

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Funding rounds

  1. Series C

    May 31, 2021

    Amount

    $38M

    Investors

    Locked

  2. Series B

    Nov 7, 2019

    Amount

    $20M

    Investors

    Locked

  3. Series A

    Oct 4, 2018

    Amount

    $5M

    Investors

    Locked

  4. Seed

    Jun 21, 2017

    Amount

    $2M

    Investors

    Locked

Questions about Blitz Studios

Who invested in Blitz Studios?

Blitz Studios has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Blitz Studios raised?

Blitz Studios has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Blitz Studios last raise money?

Blitz Studios's most recent round on record is a Series C, in May 2021.

What does Blitz Studios do?

Blitz Studios is a internet company.

Where is Blitz Studios headquartered?

Blitz Studios is headquartered in San Francisco, US.

Which VCs invest in companies like Blitz Studios?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Blitz Studios's stage. Their profiles are linked below.

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