Skillz

company

About

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

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
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

Employee Profiles

Number of Employee Profiles
138
Skillz has 138 current employee profiles, including Board member Yash Patel
Board member
Board member
Executive
Executive
Employee

Acquisition

Skillz has acquired 1 organizations. Their most recent acquisition was Aarki on Jun 2, 2021. They acquired Aarki for $150M.

Date Company Name
Industry Acquisition Type Price
Jun 2, 2021 Aarki
Advertising acquisition $ 150M Detail