On July 28th, 2022, Toronto-based Stadium Live announced the completion of its $12.8 million Series A financing round. The company’s all-equity Series A round, which closed in late April, was led by KB Partners and Union Square Ventures (USV). It also saw support from Kevin Durant’s 35 Ventures, Blaise Matuidi’s Origins Fund, Dapper Labs Ventures, Position Ventures, Valhalla Ventures, 6th Man Ventures, Alumni Ventures, and Breakout Capital. The financing brings Stadium Live’s total funding to around $16.7 million, a total that includes a seed round from early 2020 led by USV with participation from Golden Ventures and Maple VC.
Stadium Live is a free, mobile, iOS-based “digital playground” designed to serve as a place for younger sports fans to play, hang out, and express themselves. Stadium Live enables users to create a custom avatar, collect items, chat and make friends, and participate in various forms of sports-focused gameplay.
Osler, Hoskin & Harcourt LLP advised Stadium Live with a team consisting of Chad Bayne and Mihnea Horatiu Porime (Emerging and High Growth Companies).