Skillz

About

Skillz is a marketplace platform for competition-based mobile games.

San Francisco,California,United States
101 - 250
http://www.skillz.com

Highlights

Details

Last Funding Type: Series E
Industries: Developer Platform,eSports,Software,Video Games
Founded date: Apr 1, 2012
Number Of Employee: 101 - 250
Operating Status: Active
Stock Symbol: nyse:SKLZ
Legal Name: Skillz Inc.
Also Known As: Skillz LLC, Lookout Gaming LLC

Skillz is the marketplace platform that helps players discover mobile games and compete against other players around the world. At the same time, the company helps developers build multi-million dollar franchises by enabling social competition in their games. Leveraging its patented technology, Skillz has hosted over 2 billion tournaments entries for 30 million mobile players worldwide and distributes over $60 million in prizes each month.

Headquartered in San Francisco and Portland, the company is backed by leading venture capitalists, media companies, and professional sports leagues and franchises including the investment arm of the NFL and owners of the New England Patriots, Milwaukee Bucks, New York Mets and Sacramento Kings.

Skillz has also earned recognition as one of Fast Company’s Most Innovative Companies, CNBC’s Disruptor 50, Forbes’ Next Billion-Dollar Startups, and the #1 fastest-growing company in America on the Inc. 5000.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

12

$287.30M

Skillz has raised a total of $287.30M in funding over 2 rounds. Their latest funding was raised on Sep 2, 2020 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 2, 2020	Post-IPO Equity	$159M	5	Fidelity Management and Research Company Franklin Templeton Neuberger Berman Group Wellington Management	—	Detail
Sep 2, 2020	IPO	—	—	—	—	Detail
May 1, 2020	Series E	—	2	—	—	Detail
Aug 12, 2019	Series D	$25M	1	WestCap	—	Detail
Feb 14, 2019	Debt Financing	$31M	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

Skillz has made 1 investments. Their most recent investment was on Aug 2, 2021, when Exit Games raised $50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Aug 2, 2021 Exit Games	Corporate Round	$50M	Augmented Reality	Yes

Investors

Number of Lead Investors

Number of Investors

6

22

Skillz is funded by 22 investors. Fidelity Management and Research Company and Franklin Templeton are the most recent investors.

Investor Name	Lead Investor	Funding Round
Fidelity Management and Research Company	Yes	Post-IPO Equity
Franklin Templeton	Yes	Post-IPO Equity
Neuberger Berman Group	Yes	Post-IPO Equity
Wellington Management	Yes	Post-IPO Equity
WestCap	Yes	Series D
Telstra Ventures	Yes	Series C
Twitter	—	Post-IPO Equity
Griffin Gaming Partners	—	Series E
Sand Hill Angels	—	Series E
SVB Capital	—	Debt Financing