Estonia

[Funding alert] Tallinn-based Scorestars Secures €725K Seed in Funding

Jan 15, 2024 | By Startup Rise EU

Tallinn-based Scorestars Secures €725K Seed in Funding. Leading the investment were Estonian angel investors, 3 Comma Capital, Startup Wise Guys, and Trind VC.

Tallinn-based Scorestars Secures €725K Seed in Funding. Leading the investment were Estonian angel investors, 3 Comma Capital, Startup Wise Guys, and Trind VC.

In an effort to become sports fans' preferred second screen, Scorestars, an Estonian startup, is going to use the funds for talent acquisition and marketing initiatives.

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Marek Kesküll, CEO of Scorestars says, “We are delighted to announce the closing of the Seed round! It means that our work in the sports community is recognised not only by the sports organisations and fans but also from outside. Sports fandom is rapidly growing, and we believe there’s a massive opportunity to engage the younger generation in a new, more thrilling way,”.

Scorestars is a platform for sports enthusiasts, founded in 2020 by Samuel V., Marek Kesküll, and Martin Lond. Fans can play a fantasy game with weekly, monthly, and seasonal prizes—like VIP experiences, PlayStations, and iPhones—and collect digital cards of their favourite sportsmen.

Read also - Dutch AI Startup Whispp Secures €750k in Seed Funding

Users who sign up for the fantasy game receive digital cards, and they can collect more. In the virtual basketball court, users take on the role of team managers and choose their preferred players. Scores are instantly converted into leaderboards based on actual performance.

Ivar Siimar, Partner at Trind Ventures says, “We met the founders for the first time when the company was in the idea stage, and since then, they have achieved milestone after milestone. Without any outside funding, the founders managed to attract a great team and build a strong community around Scorestars. We are eager to see the founders crushing their next goals.”

Cristobal Alonso, CEO at Startup Wise Guys, who invested €150K together with 3 Comma Capital, says, “Myself and Alexa met Marek more than a year ago in Tallinn after Dag mentioned that if it was basketball you need to talk to Cristobal. We felt they were into something big. His progress, persistence, and the web3 layers have made Scorestars an exciting investment from SWG side together with 3 Comma.”

Pedro Cerdeira, partner at 3 Comma Capital adds, “We are delighted to welcome Scorestars in our joint web3 programme with Startup Wise Guys. It is clear from the beginning that Scorestars has everything that is needed to be extremely successful!”

About Scorestars

Sports fans can collect, exchange, and play with fully licenced digital memorabilia, such as player cards and video moments, on Scorestars, an online community for sports fans. based on the memorabilia you currently have.

Read also - Lyon-based ENYO Pharma Secures a €39 Million in Series C Round Fundin

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