G-Loot Global Esports AB
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G-Loot Global Esports AB - overview
Established
2015
Location
Stockholm, -, Sweden
Primary Industry
Software
About
G-Loot Global Esports AB is a gaming platform that connects players through competitive online experiences, enhancing engagement and providing rewards across various gaming genres. Founded in 2015 in Stockholm, Sweden, G-Loot is an esports company that focuses on facilitating competitive gaming. The founders, Patrik Nybladh, Peter Eriksén, and Thien Trinh, established the company to meet the rising demand for organized esports competitions. G-Loot has successfully raised SEK 500 million in funding as of October 5, 2020, from investors including CNI Nordic, Celox SA, Inbox Capital, and Swedbank Robur, bringing its total funding to SEK 500 million and its current valuation to SEK 1,800 mn.
Gloot. com specializes in providing an interactive gaming platform that connects players through various online gaming experiences. Their core offerings include a robust tournament system that allows users to engage in competitive gaming across multiple genres. This platform is designed to enhance the gaming experience by facilitating skill-based competitions and providing rewards to players, thereby addressing the growing demand for competitive gaming environments.
Gloot serves a diverse client base that includes both casual gamers seeking entertainment and professional players pursuing career opportunities in esports. The company's services are primarily targeted at markets in Europe, North America, and parts of Asia, ensuring a broad reach within the global gaming community. In the fiscal year 2022, G-Loot reported a revenue of SEK 495,170. 1 with an EBITDA of SEK -11,202,528.
6, reflecting the company's financial position and operational results. G-Loot aims to expand its offerings by designing new products and launching additional features to enhance its competitive gaming platform. The company has plans to enter new markets, specifically targeting regions in Asia and North America by 2023. The SEK 500 million raised in October 2020 will support these initiatives, facilitating product development and market expansion.
Current Investors
Swedbank Robur, Norron Asset Management, Inbox Capital
Primary Industry
Software
Sub Industries
Web Applications, Gaming
Website
www.gloot.com
Verticals
Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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