G-Loot

Overview
Activities
News
Esports?
Product stageSegments
Growth
?
Tournament platforms
?

G-Loot is a Swedish PC and mobile platform which allows gamers to participate in tournaments for cash prizes. The company aims to bring competitive gaming to the mass population of gamers. G-Loot supports over 20 game titles which include popular esports titles such as Valorant, Rainbow Six Siege, and Apex Legends to name a few. The platform offers free-to-enter tournaments and ones which charge an entry fee. In addition, G-Loot operates the Global Loot League (GLL) platform designated for competitive gaming in titles such as Valorant, Apex Legends, and PUBG.

G-Loot conducts  2.6 million daily events and is available in over a 100 countries. The company’s most recent funding round of USD 56 million was raised in October 2020, valuing the company at USD 143 million. The funds will be used to support the company’s plans to grow its player base and expand its presence in North America. Furthermore, the company intends to enter the console gaming space to grow its audience.

HQ location:
Malmskillnadsgatan 39 Stockholm SWE
Founded year:
2015
Employees:
51-100
IPO status:
Private
Total funding:
USD 98.6 mn
Last Funding:
USD 56.3 mn (Series Unknown; Oct 2020)
Last valuation:
USD 202.7 mn (Oct 2020)
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