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Sorare
Digital NFT fantasy football & baseball card-trading
- 201-500 employees
- B2C
- Marketplace
- Gaming
- Entertainment
- eSports
- Blockchain
- Art
- Mail, Paris, France
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Company mission
To build “the game within the game” and to give fans, players and clubs the platform to celebrate, share, and own the game.
237% employee growth in 12 months
Our take
The market size for digital collectables known as NFTs is very quickly catching up to that of the traditional art market. By the end of 2021, the market reached a $41 billion value.
Sorare has built a fantasy football platform based on NFTs. Each digital card is registered as a unique token on the Ethereum blockchain, which players can buy and sell from each other. It has partnered with 180 football organizations, including Real Madrid, Liverpool and Juventus, which has created a barrier to entry for other companies in the space.
A total of $318 million worth of cards were traded on the platform by December 2022 and Sorare is expecting its growth to continue since its expansion into new sports such as US basketball and baseball that year. Moving forwards, Sorare plan to make NFTs across different sports tradable and continue to invest in expanding its high-profile partnerships.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Meal Vouchers
- Workstation Budget
- Company Shares
- Gym Membership
- Health Insurance
Company values
- Honesty
- Trust
- Collaborative environment
Funding (last 2 of 5 rounds)
Sep 2021
$680m
SERIES B
Jan 2021
$46.9m
SERIES A
Total funding: $734.5m
This company has top investors
Leadership
Nicolas Julia
(CEO)Co-founder of La Javaness and experience as Vice President of Operations for Stratumn.
Adrien Montfort
(CTO)Experience as Senior Software Engineer at PAYMIUM and Vice President of Engineering at Stratumn.