# Legionfarm

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/legionfarm

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.legionfarm.com
- Total disclosed funding: $7.5M
- Latest round: Series A (May 13, 2020)
- Investors on record: 5

## About

Based in the US, Legionfarm, Inc. operates an innovative platform that connects gamers with professional coaching services, enhancing gaming skills through personalized guidance and community support.Legionfarm, Inc. was founded in 2016 in Wilmington, US, and specializes in providing coaching services for online gaming. The company is led by CEO Alex Beliankin, who has experience in the gaming industry. Legionfarm has successfully completed 5 deals with its most recent investment occurring on February 1, 2021, during its SERIES A funding round, where it raised USD 6.00 mn from notable investors including Altair Capital and Y Combinator. The total amount raised by the company stands at USD 6.00 mn.Legionfarm.com offers specialized coaching and gaming services primarily targeting players of Call of Duty Warzone 2, Apex Legends, and Destiny 2. Their core product offerings include one-on-one coaching sessions with professional gamers and a community-based platform where players can partner with top-tier talent to improve their gameplay skills. This service enhances users' knowledge of game mechanics, strategic approaches, and situational awareness, ultimately leading to improved performance among casual and aspiring professional players. Legionfarm operates in North America, Europe, and parts of Asia, engaging a global audience of gaming enthusiasts.Legionfarm's revenue model is primarily driven by direct-to-consumer transactions, with reported revenue of USD 4,886,741 in 2020. The company operates a subscription-based model where clients pay for coaching services, often structured to allow players to engage directly with professionals. Coaches can earn up to USD 8,000 per month based on performance metrics and user engagement, enhancing the community-driven environment that fosters continuous interaction and satisfaction among users. The EBITDA for the year 2020 was reported at USD -599,449.Legionfarm plans to leverage its recent SERIES A funding of USD 6.00 mn to bolster its service offerings and expand into new markets. While specific upcoming products are not detailed, the company aims to enhance and diversify its coaching services. Further, Legionfarm is exploring expansion opportunities in additional geographic regions, particularly focusing on emerging gaming markets by the end of 2022. The funding will support these growth initiatives, allowing the company to enhance its platform and increase its user base.

## Funding rounds

- Series A, May 13, 2020, $6M — Silicon Valley Bank, Y Combinator, TMT Investments, Altair Capital, Scrum Ventures
- Series A, Sep 23, 2019, $1.5M — TMT Investments

## Investors

- TMT Investments (https://capitalatlas.ai/funds/tmt-investments) — Series A
- Silicon Valley Bank — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- Altair Capital — Series A
- Scrum Ventures (https://capitalatlas.ai/funds/scrum-ventures) — Series A
