# Legendary Play

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/legendary-play

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.legendaryplay.gg
- Total disclosed funding: $6.3M
- Latest round: Series A (Apr 7, 2022)
- Investors on record: 5

## About

Legendary Play GmbH is a Berlin-based developer specializing in mobile gaming experiences tailored for esports fans, focusing on authentic gameplay that enhances competitive engagement among players.Founded in 2017 in Berlin, Germany, Legendary Play GmbH develops gaming platforms for esports enthusiasts. The company has completed a Series A funding round in April 2022, raising EUR 4.000 mn, with a total amount raised of EUR 4.000 mn and a current valuation of EUR 53.004 mn. The CEO, Philipp Karstaedt, co-founded the company alongside Roman Frank, while Ryan Gilbrech also serves in a leadership role. The firm has recorded two deals to date and has no reported pivots in business strategy or subsidiaries.Legendary Play GmbH specializes in developing mobile experiences tailored for esports fans, focusing on engaging gameplay. Their core product, RIVALS Esports MOBA Manager, enables users to manage their esports teams and emphasizes player-versus-player interactions, catering to esports enthusiasts globally, particularly in Europe.The revenue model for Legendary Play is structured around digital transactions associated with RIVALS Esports MOBA Manager. This includes direct-to-consumer sales, potential subscription services, and in-game purchases for features and enhancements. Collaborations with esports organizations and events may further contribute to income streams, aligning with their focus on an interactive gaming experience.In April 2022, Legendary Play GmbH raised EUR 4.000 mn in Series A funding, co-led by Bitkraft Ventures and MTGx Ventures, alongside 1Up Ventures and Level Up Ventures. The company will utilize these funds to develop new mobile games specifically designed for the esports audience, aiming to expand its offerings in the competitive gaming market.

## Funding rounds

- Series A, Apr 7, 2022, $4.3M — MTGx Ventures, 1Up Ventures, Level Up Ventures
- Seed, Oct 10, 2019, $2M — BITKRAFT Ventures, Everblue Management

## Investors

- BITKRAFT Ventures (https://capitalatlas.ai/funds/bitkraft-ventures) — Seed
- Everblue Management — Seed
- MTGx Ventures (https://capitalatlas.ai/funds/mtgx-ventures) — Series A
- 1Up Ventures (https://capitalatlas.ai/funds/1up-ventures) — Series A
- Level Up Ventures (https://capitalatlas.ai/funds/level-up-ventures) — Series A