What is League11?
League11 operates as a Fantasy Sports Platform, established in 2019 and headquartered in Haryana, India. The company's core offering focuses on delivering a seamless user experience, characterized by low investment fees and the potential for higher returns on user investments. This model positions League11 to attract a broad spectrum of participants within the burgeoning fantasy sports ecosystem.
How much funding has League11 raised?
League11 has raised a total of $13.3M across 1 funding round:
Debt
$13.3M
Debt (2021): $13.3M with participation from Kap Table and Bay Angels
Key Investors in League11
Bay Angels
Bay Angels is an angel investor group focused on providing capital and mentorship to emerging companies with innovative concepts, aiming to foster their growth into successful enterprises.
Kap Table
Kap Table is an investor participating in the funding round, contributing to League11's strategic growth initiatives.
What's next for League11?
The substantial enterprise-level backing and recent strategic investment indicate a pivotal phase for League11. This infusion of capital is likely earmarked for enhancing platform technology, expanding its market reach within India and potentially beyond, and bolstering its user engagement strategies. The company's focus on a user-centric model with attractive financial incentives suggests a strategy aimed at capturing significant market share and solidifying its position as a leading fantasy sports provider.
See full League11 company page