Players' Lounge
Players' Lounge, based in NY, USA, is a gaming platform that allows gamers to bet on video game matches, enhancing gaming with monetary incentives and entertainment.
Company Overview
Players' Lounge, launched in November 2017, is a gaming industry company based in New York, USA. The company enables gamers of all skill levels to bet on the outcome of their video game matches and win money. Players' Lounge aims to give gamers a monetary return on their gaming time, adding a new layer of fun and entertainment.
Industry and Operations
Operating in the consumer gaming sub-industry, Players' Lounge serves regions including the United States of America, America / Canada, and offers both remote and partly remote services. The company is committed to enhancing the gaming experience by integrating a competitive, monetary aspect into video gaming.
Y Combinator W18 Batch
Players' Lounge was part of the Y Combinator W18 batch, a startup accelerator that has supported the company in its early stages of development. Being part of this batch has provided Players' Lounge with valuable mentorship, resources, and networking opportunities to grow in the competitive gaming market.
Funding and Investors
To date, Players' Lounge has raised $15 million in funding from several prominent investors including Y Combinator, Samsung, Griffin Gaming Partners, Strauss Zelnick, Drake, and Myles Garrett. This financial backing has been instrumental in helping the company expand and innovate within the gaming industry.
Mission and Vision
The mission of Players' Lounge is to give gamers a monetary return on their gaming time while providing an extra layer of fun and entertainment. By allowing gamers to bet on their video game matches, the company seeks to revolutionize how gamers interact with their favorite titles, turning casual play into competitive opportunities with financial incentives.