Sorare SAS
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Sorare SAS - overview
Established
2018
Location
Creteil, -, France
Primary Industry
Internet
About
Based in Creteil, France, Sorare SAS was founded in 2018 by Nicolas Julia and Adrien Montfort, Sorare SAS develops a fantasy soccer game that includes NFTs. The company signed a licensing partnership with leagues and club teams that allowed Sorare cards to have the official branding and to use the season's player photos and names. Sorare has 20,000 employees as of January 2021. In September 2021, the firm raised USD 680 million in a series B round from investors including Softbank Vision Fund 2, Bessemer Ventures, and D1 Capital Partners.
Sorare SAS provides a fantasy football (soccer) platform based on NFTs, or non-fungible tokens and allows its users to collect virtual player cards and trade them via real-life cryptocurrencies and play fantasy football on the platform's gaming ground. The company generates revenue by issuing new cards on its platform. The new cards can then be purchased and added to the player's collection. The company plans to launch a mobile application in 2021.
The firm also plans to expand to new sports, open an office in the US, hire more people, and invest in marketing campaigns.
Current Investors
Seedcamp, Kima Ventures, ConsenSys Ventures
Primary Industry
Internet
Sub Industries
Web Applications, Gaming
Website
www.sorare.com
Verticals
Blockchain, E-commerce
Company Stage
Series B
Total Amount Raised
Subscriber access only
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