Scorbit
Latest round
- Seed
Last raised
- Jun 2024
Total raised
- $3.7M
Investors
- 13
About Scorbit
a.Founded in 2016 and headquartered in Ann Arbor, Michigan, Scorbit operates as an independent company focusing on enhancing the gaming experience.Scorbit provides a comprehensive platform designed to enhance the gaming experience across various settings, including bars and arcades. Their core offerings include live, connected play that allows users to track scores, participate in tournaments, and win real cash prizes. The platform is accessible via the Scorbit app, available on iOS and Android, which enables players to search for nearby locations to engage in games. Scorbit also offers integration capabilities for home gaming collections, allowing users to connect their pinball machines and access features such as live scores, leaderboards, and achievements without the need for a subscription. The primary customer base consists of arcade operators, bar owners, and individual players looking for an interactive gaming experience.Scorbit generates revenue through its connected gaming platform by facilitating cashless transactions for players at participating venues. The business model revolves around transactions between arcade operators and players, where operators may pay a fee to implement Scorbit’s technology, enabling them to offer enhanced gaming experiences. Players engage with the platform through competitions and tournaments, which may also involve entry fees that contribute to the revenue stream. In addition, the app supports digital payments, simplifying the transaction process and promoting repeat play.Scorbit plans to further develop its platform by introducing new products tailored to the gaming community. The company aims to expand its reach into international markets, focusing on regions in Europe and Asia by the end of 2024.00 mn will be utilized to support these initiatives, enhancing product development and market entry strategies.
Who invested in Scorbit
13 investors across 1 round
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Funding rounds
Seed
Jun 1, 2024
Amount
$3.7M
Investors
Questions about Scorbit
Who invested in Scorbit?
Scorbit has 13 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Scorbit raised?
Scorbit has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Scorbit last raise money?
Scorbit's most recent round on record is a Seed, in Jun 2024.
What does Scorbit do?
Scorbit is a software company.
Where is Scorbit headquartered?
Scorbit is headquartered in Ann Arbor, US.
Which VCs invest in companies like Scorbit?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Scorbit's stage. Their profiles are linked below.
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