GridRival
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | <1m | <1m | 1.1m |
% growth | - | 225 % | 15 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $1.3m | Angel | |
$3.0m | Seed | ||
* | N/A | $3.0m | Early VC |
N/A | Series A | ||
Total Funding | $7.3m |
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Recent News about GridRival
EditGridRival operates in the online gaming and fantasy sports market, offering a unique platform for motorsports enthusiasts. The company provides a platform where users can join leagues with friends or participate in daily fantasy tournaments with real cash. The potential return on investment is enticing, with the chance to win up to 20 times the initial stake, every race, all season long.
The platform caters to a wide range of clients, from casual gamers to serious motorsports fans. It offers an in-depth fantasy manager game, which is touted as the most comprehensive of its kind. Users can join public fantasy leagues or create their own private leagues, inviting friends to participate. The platform also offers daily fantasy contests where users can compete for cash, prizes, and bragging rights among their peers.
GridRival's business model is based on the freemium model, where users can play for free but have the option to participate in paid contests for the chance to win real money. The company generates revenue through these paid contests, as well as through in-app purchases and advertising.
In addition to the fantasy manager game, GridRival also offers a motorsports "Pick 'Em" game. This is a prediction game where users put their racing knowledge to the test, with the potential to win up to 20 times their money, every race, all season long.
Keywords: Online Gaming, Fantasy Sports, Motorsports, Leagues, Daily Fantasy Tournaments, Cash Prizes, Fantasy Manager Game, Freemium Model, In-App Purchases, Pick 'Em Game.