LF.Group, a London, UK-based all-in-one free-of-charge SaaS platform for gaming communities, has announced a $1 million pre-seed funding round raised from VC firm Grishin Robotics.
The round of funding will be used to extend community support and build new features on the platform, such as a news feed with the latest updates from organizations and an AI helper that suggests the best job opportunities for players.
The company aims to help the 300 million gamers worldwide find teammates and join forces on their way to better results in online games.
To date, the platform is home to potential teammates in World of Warcraft, Lost Ark, League of Legends, and League of Legends: Wild Rift. The list of featured games will expand till the end of 2022.
Company: LF Group, Inc.
Raised: $1.0M
Round: pre-seed
Funding Month: September 2022
Lead Investors: Grishin Robotics
Additional Investors:
Company Website: https://lf.group/
Software Category: SaaS for Gaming Communities
About the Company: Founded by a team of executives, including serial entrepreneurs Alexey Moiseenkov, Dmitriy Beseda, Alexander Karetin, and Stas Kapinus, LF.Group is a complete software toolkit that gives gaming communities the power to host events, recruit players, and organize activities in an “easy and secure way”. In 2022, the company achieved widespread adoption among MMO gamers and organically expanded to serve in-game communities and players of various skill levels. Today, it is a self-contained and scalable product with 50,000 gamer profiles and over 200 teams waiting to begin recruiting newcomers. LF.Group has successfully formed partnerships with a variety of streamers and top World of Warcraft guilds, including Echo and Method. The company is headquartered in London, United Kingdom.
Source: https://bdaily.co.uk/articles/2022/09/08/london-startup-raises-865k-funding-round-to-help-the-300-million-gamers-worldwide