Legionfarm raises $1.5 million to develop coaching and hiring services for online games

Legionfarm, a Russian-founded platform for training and hiring professional gamers, has secured $1.5 million, the Kommersant business daily reported yesterday.

The bulk of this amount, $1.4 million, was contributed by TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, while the remaining $100,000 came from Denis Smetnev, a co-founder of Russian edtech startup SkyEng .

If you’re an online game aficionado, Legionfarm will help you “master complex game content” by hiring professional players, or coach and train you to improve your skills. Support is offered 24/7 in “full confidentiality.”

Founded in 2016, the platform is registered in three jurisdictions – Russia, USA (Delaware) and Singapore. It attracts currently “more than 2,000 active players who earn up to $5,000 per month.”  

Legionfarm had already raised more than $1.5 million before the latest round, including some $30,000 secured from the IIDF (FRII) in 2017. The fund sold its stake a few months ago.

Topics: Finance, Gaming, International, News, Startups, Venture / Private equity
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