eFuse raises $6M from investors including pro athletes – Esports Insider

eFuse raises $6M from investors including pro athletes – Esports Insider

Esports social media startup eFuse has raised $6m (~£4.28m) in post-seed capital funding, with the round led by the Ohio Innovation Fund and a number of professional athletes.

Notable athlete investors include Odell Beckham, Jr. and Denzel Ward of the Cleveland Browns, Seth Curry of the Philadelphia 76ers, Ezekiel Elliot of the Dallas Cowboys, and Chase Winovich of the New England Patriots.

eFuse social network
Image credit: eFuse

RELATED: eFuse expands senior team with Neil Duffy and Herb May appointments

The additional funding follows the startup’s initial investment round of $2.3m in November 2019, which was also led by the Ohio Innovation Fund.

Touting itself as the ‘LinkedIn for Gamers’, eFuse allows users to set up an account and network with other individuals and organisations in the gaming industry ranging from pro players and influencers to marketers, game developers, and more.

The startup is expected to use these new investment funds to fuel product development, user acquisition, and make key hires as the startup progresses toward profitability in 2021, the company said.

eFuse CEO Matthew Benson commented in a release: “eFuse is redefining how gamers network. Gamers communicate and showcase differently than traditional professionals and need a purpose-driven platform to help them find the right opportunity. At eFuse, we’re committed to helping all gamers get discovered.”

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