About Enthusiast Gaming
Enthusiast Gaming is a company based in Toronto (Canada) founded in 2013.. Enthusiast Gaming has raised $600 thousand across 5 funding rounds from investors including Canaccord Genuity Group, Haywood Securities and Interward Asset Management. The company has 130 employees as of December 31, 2024. Enthusiast Gaming has completed 9 acquisitions, including Addicting Games, Destructoid and Icy Veins. Enthusiast Gaming offers products and services including Luminosity Gaming, Enthusiast Gaming Network, and Experiential Events. Enthusiast Gaming operates in a competitive market with competitors including Twitch, Playbite, GameWith, STAN and GameTree, among others.
- Headquarter Toronto, Canada
- Employees 130 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Enthusiast Gaming Holdings Inc
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Annual Revenue
$50.44 M (USD)-59.27as on Dec 31, 2024
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Net Profit
$-66.71 M (USD)18.43as on Dec 31, 2024
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EBITDA
$-2.22 M (USD)87.01as on Dec 31, 2024
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Total Equity Funding
$600 K (USD)
in 5 rounds
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Latest Funding Round
$10 M (USD), Debt – Conventional
Jun 21, 2019
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Investors
Canaccord Genuity Group
& 5 more
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Employee Count
130
as on Dec 31, 2024
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Investments & Acquisitions
Addicting Games
& 8 more
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IPO & Listings of Enthusiast Gaming
Enthusiast Gaming is a publicly listed company on the TSX with ticker symbol EGLX in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Enthusiast Gaming
Enthusiast Gaming offers a comprehensive portfolio of products and services, including Luminosity Gaming, Enthusiast Gaming Network, and Experiential Events. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages professional teams, events, and gaming content
Hosts websites and channels for gaming creators and communities
Delivers live and virtual gaming activations globally
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Funding Insights of Enthusiast Gaming
Enthusiast Gaming has successfully raised a total of $600K across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $10.0M
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First Round
First Round
(15 Sep 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Debt – Conventional - Enthusiast Gaming | Valuation |
investors |
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| Dec, 2018 | Amount | Post-IPO - Enthusiast Gaming | Valuation |
investors |
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| Jun, 2018 | Amount | Post-IPO - Enthusiast Gaming | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Enthusiast Gaming
Enthusiast Gaming has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Canaccord Genuity Group, Haywood Securities and Interward Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are supported through funding and mentorship by York Angels.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Haywood Securities is engaged in providing investment banking and financial services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Enthusiast Gaming
Enthusiast Gaming has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Addicting Games, Destructoid and Icy Veins. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Statistics for video games are offered via an online platform.
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2017 | ||||
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Provider of data and statistics of eSports players
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2017 | ||||
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YouTube-based multi-channel network is operated to support creators and brands.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Enthusiast Gaming
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Enthusiast Gaming Comparisons
Competitors of Enthusiast Gaming
Enthusiast Gaming operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Twitch, Playbite, GameWith, STAN and GameTree, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
ESports social video streaming platform
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| domain | founded_year | HQ Location |
Provider of community-driven gaming platform for playing various games
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| domain | founded_year | HQ Location |
Video game media company and gaming community
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| domain | founded_year | HQ Location |
Social gaming and community platform to connect gamers and creators
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| domain | founded_year | HQ Location |
Social networking platform for gamers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Enthusiast Gaming
Frequently Asked Questions about Enthusiast Gaming
When was Enthusiast Gaming founded?
Enthusiast Gaming was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Enthusiast Gaming located?
Enthusiast Gaming is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Enthusiast Gaming?
Adrian Montgomery is the current CEO of Enthusiast Gaming.
Is Enthusiast Gaming a funded company?
Enthusiast Gaming is a funded company, having raised a total of $600K across 5 funding rounds to date. The company's 1st funding round was a Post-IPO of $8.5M, raised on Sep 15, 2016.
How many employees does Enthusiast Gaming have?
As of Dec 31, 2024, the latest employee count at Enthusiast Gaming is 130.
What is the annual revenue of Enthusiast Gaming?
Annual revenue of Enthusiast Gaming is $50.44M as on Dec 31, 2024.
What does Enthusiast Gaming do?
Enthusiast Gaming was established in 2013 in Toronto, Canada, within the esports and gaming sector. An online social platform is operated to engage gamers through digital communities, news websites, and forums. Live events are organized for members, alongside an exclusive social network tailored for gaming participants. Operations focus on fostering interactions among enthusiasts in the digital space.
Who are the top competitors of Enthusiast Gaming?
What products or services does Enthusiast Gaming offer?
Enthusiast Gaming offers Luminosity Gaming, Enthusiast Gaming Network, and Experiential Events.
Is Enthusiast Gaming publicly traded?
Yes, Enthusiast Gaming is publicly traded on TSX under the ticker symbol EGLX.
How many acquisitions has Enthusiast Gaming made?
Enthusiast Gaming has made 9 acquisitions, including Addicting Games, Destructoid, and Icy Veins.
Who are Enthusiast Gaming's investors?
Enthusiast Gaming has 6 investors. Key investors include Canaccord Genuity Group, Haywood Securities, Interward Asset Management, PowerOne Capital Markets, and York Angels.
What is Enthusiast Gaming's ticker symbol?
The ticker symbol of Enthusiast Gaming is EGLX on TSX.