What is Cloud9 Esports?
Cloud9 Esports is a prominent professional esports organization dedicated to enhancing the health, wellness, and performance of gamers. The company operates competitive teams across major titles such as League of Legends, Call of Duty, and VALORANT. Through strategic partnerships, like the one with Mueller Esports Medicine, Cloud9 aims to pioneer advancements in athletic recovery and performance for esports athletes. The organization also actively shapes gaming culture via its content creators and collaborations, positioning itself at the vanguard of the evolving esports industry.
How much funding has Cloud9 Esports raised?
Cloud9 Esports has raised a total of $72.6M across 3 funding rounds:
Private Equity
$2.9M
Series A
$19.7M
Series B
$50M
Private Equity (2016): $2.9M, investors not publicly disclosed
Series A (2017): $19.7M, investors not publicly disclosed
Series B (2018): $50M supported by Valor Equity Partners, TrueBridge Capital Partners, and Remagine Ventures
Key Investors in Cloud9 Esports
Valor Equity Partners
Valor Equity Partners is an investment firm established in 2001, headquartered in Chicago, Illinois, specializing in investment activities for businesses.
TrueBridge Capital Partners
TrueBridge Capital Partners, founded in 2007 and based in Chapel Hill, North Carolina, is a venture capital firm that invests in early-stage information technology and directly in venture and growth-stage technology companies. They are known for their data partnership with Forbes' Midas List.
Remagine Ventures
Remagine Ventures is a venture capital fund that focuses its investment activities on Israeli startups within the entertainment and commerce sectors.
What's next for Cloud9 Esports?
The recent major strategic investment signals a pivotal growth phase for Cloud9 Esports. This influx of capital is expected to fuel further expansion of its competitive teams, enhance its player development programs, and deepen its research into gamer performance optimization. Cloud9's focus on health and wellness within the esports community, coupled with its strategic backing, positions it for sustained leadership and innovation in a rapidly expanding global market. Future initiatives will likely involve scaling operations and exploring new avenues for content creation and community engagement.
See full Cloud9 Esports company page