# Medal.tv

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medal-tv

- Industry: Internet
- Headquarters: Naarden, Netherlands
- Website: www.medal.tv
- Total disclosed funding: $73M
- Latest round: Series C (Dec 14, 2021)
- Investors on record: 9

## About

Medal.tv, based in the Netherlands, provides a platform for gamers to record, edit, and share gameplay clips, enhancing their gaming experiences and community engagement.Founded in 2018 in Naarden, Netherlands, Medal.tv specializes in gameplay recording and sharing. The company was established by Iggy Harmsen, Pim de Witte, and Zaid E, with Pim de Witte currently serving as CEO. Medal.tv has successfully raised USD 13.00 mn in its most recent funding round on July 11, 2024, led by new investors PEAK6 Investments and Arcadia Investment Partners, with participation from Horizons Ventures and OMERS Ventures. The total amount raised by the company is USD 13.00 mn, with a current valuation of USD 333.00 mn.Medal offers a robust platform designed for recording, editing, and sharing gameplay clips, making it an essential tool for gamers seeking to capture their most memorable moments. The core offerings enable users to seamlessly record in-game footage, edit highlights, and then share these clips with friends and the broader gaming community. The primary use case addresses the need for gamers to document and showcase their skills, whether through impressive feats in competitive titles like Fortnite or amusing mishaps in casual games such as Roblox. Medal's user base includes casual players, professional gamers, and content creators across North America, Europe, and parts of Asia, where the gaming community is vibrant and engaged. The ease of use and accessibility of the platform have positioned Medal as a go-to resource for gamers looking to enhance their online presence and connect with like-minded individuals.Medal generates revenue through a combination of direct-to-consumer transactions and potential partnerships within the gaming ecosystem. Users can access the platform's features through various pricing tiers, including free basic services and premium subscriptions that unlock additional functionalities. These premium offerings include advanced editing tools, increased storage for recorded clips, and enhanced sharing capabilities tailored for content creators and streamers. The company's flagship product, the Medal application, acts as the central hub for all these services, facilitating smooth interactions between the company and its user base. Transactions are structured to cater to both individual gamers and larger content creators, allowing for a scalable revenue model that aligns with the diverse needs of its clientele.In July 2024, Medal.tv raised USD 13.00 mn in venture funding to further enhance its artificial intelligence platform. The company plans to develop new features that will improve user experience and expand its reach into new geographic markets, specifically targeting Asia and South America within the next two years. The recent funding will support these initiatives, enabling Medal.tv to innovate and grow its user base effectively.

## Funding rounds

- Series C, Dec 14, 2021, $45M — OMERS Ventures
- Series B, Jan 1, 2020, $15M — Horizon Founders Capital, Makers Fund, Dune Ventures
- Series A, Sep 6, 2019, $9M — Horizons Ventures, Social Starts, Backed VC, Makers Fund
- Seed, Feb 21, 2019, $3.5M — Ridge Ventures, Initial Capital, Social Starts, Backed VC, Makers Fund

## Investors

- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Seed
- Initial Capital — Seed
- Social Starts (https://capitalatlas.ai/funds/social-starts) — Seed, Series A
- Backed VC (https://capitalatlas.ai/funds/backed-vc) — Seed, Series A
- Makers Fund (https://capitalatlas.ai/funds/makers-fund) — Seed, Series A, Series B
- Horizons Ventures — Series A
- Horizon Founders Capital (https://capitalatlas.ai/funds/horizon-founders-capital) — Series B
- Dune Ventures (https://capitalatlas.ai/funds/dune-ventures) — Series B
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series C